Economic Calendar > Calendar Details
USANovember 6th8-Week Treasury Bond Auction - Bid Multiple
| Latest Release | Actual Value | Forecast Value | Previous Value | Next Release Time | Release Frequency | Importance |
|---|---|---|---|---|---|---|
| 2026-11-06 | 2.68times | times | 2.63times | 2026-11-13 00:30 | Weekly |
|
Historical Data
Actual Value
Forecast Value
1 Year
2 Years
5 Years
Start Date
to
End Date
Definition
A higher bid-to-cover ratio in a Treasury bond auction indicates greater market interest in the bonds. The winning bid rate, compared to the market benchmark rate, may reflect market expectations regarding the interest rate outlook. Generally, anticipated interest rate declines (expected rate cuts) mean lower borrowing costs, which can lead to a downward adjustment in Treasury bond yields. Consequently, the winning bid rate tends to be lower. Conversely, anticipated rate hikes lead to higher borrowing costs, and the winning bid rate tends to be higher.
Impact on Market
Why It Matters
Released By
U.S. Treasury Department
