Treasury Auctionsmonthly
2-Year Note Auction Bid-to-Cover
Bid-to-cover ratio at the latest 2-Year Note auction (total tendered / total accepted); readings above 2.5 signal robust demand, sub-2.2 signals softness.
The 2-Year Note Auction Bid-to-Cover is currently 2.65, last updated .
2.65
1W +8.61%1M +8.61%3M +0.76%
Updated 1h agoStatistical forecast 2026
Model-based central estimate, 68% and 95% confidence bands for 2-Year Note Auction Bid-to-Cover, blended across current macro regimes.
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Updated 1h ago
Recent Data
Download CSV| Date | Value | Change |
|---|---|---|
| Apr 27, 2026 | 2.65 | +8.61% |
| Mar 24, 2026 | 2.44 | -7.22% |
| Feb 24, 2026 | 2.63 | -4.36% |
| Jan 26, 2026 | 2.75 | +8.27% |
| Dec 22, 2025 | 2.54 | -5.22% |
| Nov 24, 2025 | 2.68 | +3.47% |
| Oct 27, 2025 | 2.59 | +3.19% |
| Sep 23, 2025 | 2.51 | -6.69% |
| Aug 26, 2025 | 2.69 | +2.67% |
| Jul 28, 2025 | 2.62 | +1.55% |
| Jun 24, 2025 | 2.58 | +0.39% |
| May 27, 2025 | 2.57 | +1.98% |
| Apr 22, 2025 | 2.52 | -5.26% |
| Mar 25, 2025 | 2.66 | +3.91% |
| Feb 24, 2025 | 2.56 | -3.76% |
| Jan 27, 2025 | 2.66 | -2.56% |
| Dec 23, 2024 | 2.73 | -1.44% |
| Nov 25, 2024 | 2.77 | +10.80% |
| Oct 28, 2024 | 2.5 | -3.47% |
| Sep 24, 2024 | 2.59 | -3.36% |
| Aug 27, 2024 | 2.68 | -4.63% |
| Jul 23, 2024 | 2.81 | +2.18% |
| Jun 25, 2024 | 2.75 | +14.11% |
| May 28, 2024 | 2.41 | — |
Related in Treasury Auctions
2-Year Note Indirect Bidder Share
Indirect bidder share of accepted 2-Year Note auction bids; indirects include foreign central banks and large real-money investors routed through primary dealers.
2-Year Note Direct Bidder Share
Direct bidder share at the latest 2-Year Note auction; directs are domestic non-primary-dealer investors bidding for their own account.
2-Year Note Primary Dealer Share
Primary dealer share at the latest 2-Year Note auction; dealers backstop the issue, so a rising PD share typically signals weaker indirect/direct appetite.
2-Year Note Auction High Yield
Stop-out (high) yield awarded at the latest 2-Year Note auction; the clearing price that cleared the full issue size.
Explore Further
Frequently Asked Questions
▶What is 2-Year Note Auction Bid-to-Cover?
Bid-to-cover ratio at the latest 2-Year Note auction (total tendered / total accepted); readings above 2.5 signal robust demand, sub-2.2 signals softness.
▶How often is 2-Year Note Auction Bid-to-Cover updated?
2-Year Note Auction Bid-to-Cover is updated once per month when the releasing agency publishes new data. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
▶Where does Convex source 2-Year Note Auction Bid-to-Cover data?
Convex sources 2-Year Note Auction Bid-to-Cover data from official government and market data providers. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
▶What can I do on the 2-Year Note Auction Bid-to-Cover chart page?
The 2-Year Note Auction Bid-to-Cover page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.
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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated monthly. This page is for informational purposes only and does not constitute financial advice.