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 |
|---|---|---|---|
| Jun 26, 2026 | 1.75 | — | — |
| Jan 28, 2026 | 1.61 | — | — |
| Aug 27, 2025 | 1.53 | — | — |
| May 28, 2025 | 2.05 | — | — |
| Mar 26, 2025 | 2.61 | — | — |
| Aug 28, 2024 | 2.56 | — | — |
| Jun 26, 2024 | 3.22 | — | — |
| Mar 26, 2024 | 3.06 | — | — |
| Jul 27, 2023 | 2.96 | — | — |
| May 29, 2023 | 3.19 | — | — |
| Apr 26, 2023 | 2.77 | — | — |
