BondsMedium•24 September 2026•
1 min read
US 7-Year Treasury Yield Hits Record 5.085% Amid Weak Auction Demand
Key Facts
1The US Treasury sold $44 billion in 7-year notes at a record high yield of 5.085%.
2Foreign demand for the notes slumped to 57.2%, the lowest level since November 2025.
3The auction tailed the When-Issued yield by 0.7bps, indicating weaker-than-expected demand.
The US Treasury sold $44 billion in 7-year notes at a record high yield of 5.085%. ZeroHedge reported that foreign demand for the debt slumped to 57.2%, marking the lowest level since November 2025. The auction produced a yield tail of 0.7 basis points above the when-issued rate, signaling that investor appetite fell short of market expectations.
The weak auction results triggered a broader sell-off in the fixed-income market, pushing 10-year Treasury yields toward 20-year highs. This outcome follows a similarly poor 5-year note auction held a day earlier, confirming a trend of diminishing demand for US government debt as yields continue to face upward pressure.