The 5-Year Bond Auction (often referred to as the 5-Year Note Auction) issues medium-term U.S. government debt. This maturity is particularly important as it influences interest rates for various consumer loans, including auto loans and five-year adjustable-rate mortgages. The auction results provide insight into investor confidence regarding medium-term economic growth and inflation.
The Treasury sets a coupon rate based on the highest yield accepted during the competitive bidding process, ensuring the entire offering is sold.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Oct 15, 2026 | 5.49 | — | — |
| Oct 1, 2026 | 5.91 | — | — |
| Sep 17, 2026 | 5.69 | — | — |
| Sep 3, 2026 | 5.53 | — | — |
| Aug 19, 2026 | 5.38 | — | — |
| Dec 11, 2025 | 6.44 | — | — |
| Nov 27, 2025 | 6.44 | — | — |
| Nov 13, 2025 | 6.47 | — | — |
| Oct 30, 2025 | 6.31 | — | — |
The latest reading is 1.0 standard deviations below the mean.
