US 10-Year TIPS Auction High Yield Rises From Previous Auction, Demand Lower

01:05 PM EDT, 09/17/2026 (MT Newswires) -- The US Treasury's 10-year TIPS auction hit a high yield of 2.653% on Thursday, up from the 2.438% high in the previous auction. The bid to cover ratio for the auction was 2.24, below the 2.30 ratio in the previous auction. Dealers represented 55.01% of the bids, with direct bidders at 16.23% and indirect bidders at 28.77%. For takedown, dealers took 12.18%, with direct bidders at 28.70% and indirect bidders at 59.12%.