Historical Year Data · 2025

2-Year Note Auction Bid-to-Cover in 2025

2-Year Note Auction Bid-to-Cover opened 2025 at 2.66 and closed at 2.54, a -4.51% move for the year. The high of 2.69 was reached on August 26, and the low of 2.51 on September 23.

Open

2.66

2025-01

2.54

12 data points

High

2.69

Aug 26

Low

2.51

Sep 23

Full Year Change

-4.51%

2024 Change

+6.23%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	2.66	2.66	2.66	2.66	+0.00%
Feb	2.56	2.56	2.56	2.56	+0.00%
Mar	2.66	2.66	2.66	2.66	+0.00%
Apr	2.52	2.52	2.52	2.52	+0.00%
May	2.57	2.57	2.57	2.57	+0.00%
Jun	2.58	2.58	2.58	2.58	+0.00%
Jul	2.62	2.62	2.62	2.62	+0.00%
Aug	2.69	2.69	2.69	2.69	+0.00%
Sep	2.51	2.51	2.51	2.51	+0.00%
Oct	2.59	2.59	2.59	2.59	+0.00%
Nov	2.68	2.68	2.68	2.68	+0.00%
Dec	2.54	2.54	2.54	2.54	+0.00%

Events During 2025

2025 US Tariff Shock

Stagflation

February – April 2025

The Trump administration imposed reciprocal tariffs averaging 25% on most trading partners in February-April 2025. Markets priced the most aggressive trade policy shift since 1930, with ripple effects across currencies, bond yields, and supply chains.

Previous Year

← 2-Year Note Auction Bid-to-Cover in 2024

Next Year

2-Year Note Auction Bid-to-Cover in 2026→