The 8-Week Bill Auction represents the issuance of 2-month Treasury bills, serving as a bridge between very short-term and quarterly debt instruments. It is a critical part of the U.S. Treasury's cash management strategy. The auction results reflect the market's appetite for short-term liquidity and its reaction to recent Federal Reserve policy signals. High demand often indicates a preference for safety or a lack of better investment alternatives in the private sector.
The U.S. Treasury accepts bids from primary dealers and other investors. The final yield is the 'stop-out rate,' which is the highest yield accepted to fulfill the auction's target amount.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Oct 15, 2026 | 4.05 | — | — |
| Oct 8, 2026 | 3.98 | — | — |
| Oct 1, 2026 | 3.99 | — | — |
| Sep 24, 2026 | 3.99 | — | — |
| Sep 17, 2026 | 3.92 | — | — |
| Sep 10, 2026 | 3.85 | — | — |
| Sep 3, 2026 | 3.75 | — | — |
| Aug 27, 2026 | 3.67 | — | — |
| Aug 20, 2026 | 3.65 | — | — |
| Aug 13, 2026 | 3.67 | — | — |
| Aug 6, 2026 | 3.71 | — | — |
| Jul 30, 2026 | 3.67 | — | — |
| Jul 23, 2026 | 3.79 | — | — |
| Jul 16, 2026 | 3.65 | — | — |
| Jul 9, 2026 | 3.63 | — | — |
| Jul 2, 2026 | 3.65 | — | — |
| Jun 25, 2026 | 3.66 | — | — |
| Jun 18, 2026 | 3.64 | — | — |
| Jun 11, 2026 | 3.61 | — | — |
| Jun 4, 2026 | 3.61 | — | — |
| May 28, 2026 | 3.62 | — | — |
| May 21, 2026 | 3.60 | — | — |
| May 14, 2026 | 3.61 | — | — |
| May 7, 2026 | 3.60 | — | — |
| Apr 30, 2026 | 3.62 | — | — |
| Apr 23, 2026 | 3.60 | — | — |
| Apr 16, 2026 | 3.62 | — | — |
| Apr 9, 2026 | 3.58 | — | — |
| Mar 26, 2026 | 3.63 | — | — |
| Mar 19, 2026 | 3.63 | — | — |
| Mar 12, 2026 | 3.63 | — | — |
| Mar 5, 2026 | 3.63 | — | — |
| Feb 26, 2026 | 3.63 | — | — |
| Feb 19, 2026 | 3.63 | — | — |
| Feb 12, 2026 | 3.63 | — | — |
| Feb 5, 2026 | 3.63 | — | — |
| Jan 29, 2026 | 3.63 | — | — |
| Jan 22, 2026 | 3.63 | — | — |
| Jan 15, 2026 | 3.60 | — | — |
| Jan 8, 2026 | 3.54 | — | — |
| Dec 31, 2025 | 3.58 | — | — |
| Dec 24, 2025 | 3.58 | — | — |
| Dec 18, 2025 | 3.58 | — | — |
| Dec 11, 2025 | 3.61 | — | — |
| Dec 4, 2025 | 3.62 | — | — |
| Nov 26, 2025 | 3.84 | — | — |
| Nov 20, 2025 | 3.85 | — | — |
| Nov 13, 2025 | 3.83 | — | — |
| Nov 6, 2025 | 3.81 | — | — |
| Oct 30, 2025 | 3.89 | — | — |
The latest reading is 2.9 standard deviations above the mean.
