The 7-Year Note Auction involves the sale of intermediate-term Treasury securities, filling the gap between the 5-year and 10-year maturities. This auction is closely watched for demand in the 'belly' of the yield curve, providing insights into market sentiment regarding future economic growth. It serves as an important indicator for institutional investors and pension funds.
The auction is conducted via a single-price bidding process where the yield is set at the level that allows the Treasury to sell the full amount of the scheduled offering.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 27, 2026 | 4.51 | — | — |
| Jul 28, 2026 | 4.47 | — | — |
| Jun 25, 2026 | 4.26 | — | — |
| May 28, 2026 | 4.29 | — | — |
| Apr 28, 2026 | 4.17 | — | — |
| Mar 26, 2026 | 4.25 | — | — |
| Feb 26, 2026 | 3.79 | — | — |
| Jan 29, 2026 | 4.02 | — | — |
| Dec 24, 2025 | 3.93 | — | — |
| Nov 26, 2025 | 3.78 | — | — |
| Oct 28, 2025 | 3.79 | — | — |
| Sep 25, 2025 | 3.95 | — | — |
| Aug 28, 2025 | 3.92 | — | — |
| Jul 29, 2025 | 4.09 | — | — |
| Jun 26, 2025 | 4.02 | — | — |
| May 29, 2025 | 4.19 | — | — |
| Apr 24, 2025 | 4.12 | — | — |
| Mar 27, 2025 | 4.23 | — | — |
| Feb 26, 2025 | 4.19 | — | — |
| Jan 28, 2025 | 4.46 | — | — |
| Dec 26, 2024 | 4.53 | — | — |
| Nov 27, 2024 | 4.18 | — | — |
| Oct 29, 2024 | 4.21 | — | — |
| Sep 26, 2024 | 3.67 | — | — |
| Aug 29, 2024 | 3.77 | — | — |
| Jul 25, 2024 | 4.16 | — | — |
| Jun 27, 2024 | 4.28 | — | — |
| May 29, 2024 | 4.65 | — | — |
| Apr 25, 2024 | 4.72 | — | — |
| Mar 27, 2024 | 4.18 | — | — |
| Feb 27, 2024 | 4.33 | — | — |
| Jan 25, 2024 | 4.11 | — | — |
| Dec 28, 2023 | 3.86 | — | — |
| Nov 28, 2023 | 4.40 | — | — |
| Oct 26, 2023 | 4.91 | — | — |
| Sep 28, 2023 | 4.67 | — | — |
| Aug 29, 2023 | 4.21 | — | — |
| Jul 27, 2023 | 4.09 | — | — |
| Jun 28, 2023 | 3.84 | — | — |
| May 25, 2023 | 3.83 | — | — |
| Apr 27, 2023 | 3.56 | — | — |
| Mar 29, 2023 | 3.63 | — | — |
| Feb 23, 2023 | 4.06 | — | — |
| Jan 26, 2023 | 3.52 | — | — |
| Dec 29, 2022 | 3.92 | — | — |
| Nov 22, 2022 | 3.89 | — | — |
| Oct 27, 2022 | 4.03 | — | — |
| Sep 28, 2022 | 3.90 | — | — |
| Aug 25, 2022 | 3.13 | — | — |
| Jul 28, 2022 | 2.73 | — | — |