Historical bid-to-cover data for 3-Year Treasury auctions, updated after each auction. The most recent value is 2.54x as of May 11, 2026. Bid-to-cover measures the ratio of total bids to the amount offered. Higher ratios indicate stronger demand from investors.
This metric tracks bid-to-cover for 3-Year Treasury auctions. Auction results reflect real-time price discovery for U.S. government debt and provide insight into investor demand across the maturity spectrum. Monitoring auction metrics alongside secondary market yields helps identify supply-demand imbalances that may affect pricing.
| Date | Bid-to-Cover | Grade | Composite |
|---|---|---|---|
| 08/05/2025 | 2.53x | D | C |
| 09/09/2025 | 2.73x | C- | B- |
| 10/07/2025 | 2.66x | C- | B- |
| 11/10/2025 | 2.85x | C | B |
| 12/08/2025 | 2.64x | D+ | B- |
| 01/12/2026 | 2.65x | D+ | C+ |
| 02/10/2026 | 2.62x | D+ | C+ |
| 03/10/2026 | 2.55x | D+ | C+ |
| 04/07/2026 | 2.68x | C- | C |
| 05/11/2026 | 2.54x | D+ | C+ |
| Mean | Std Dev | Min | Max | Count |
|---|---|---|---|---|
| 2.85 | 0.39 | 2.15 | 3.96 | 211 |