Treasury bond

912810UG1 · 4.625% due February 15, 2055

Original term
30-Year
Maturity
Feb 15, 2055
Coupon
4.625%
Pays
Semi-Annual
Dated
Feb 15, 2025
First coupon
Aug 15, 2025
Priced through
Nov 9, 2026
Analyzed through
Nov 9, 2026

Statement of October 31, 2026

Amount outstanding
$79.90bn
Held stripped
$19.59bn
Share stripped
24.52%

Stripped par is held as separate interest and principal components rather than as whole securities. The Safe Rate indices deliberately do not deduct it, and the whole-market figure is published so that decision can be argued with. Market statistics.

Amount outstanding as reported by Treasury, in its Monthly Statement of the Public Debt. The Safe Rate indices weight on a different figure, float-adjusted original par, and the two are not comparable security by security. The index figures are published per holding.

Risk, November 9, 2026

Yield to maturity
5.291%
Modified duration
14.816 yr
DV01
0.1354
Convexity
3.24
Dirty price
91.375

Where its rate sensitivity sits

0.01
0.01
0.04
0.09
0.22
0.40
0.65
1.27
1.73
1.72
3.96
4.89
3M
6M
1Y
2Y
3Y
5Y
7Y
10Y
15Y
20Y
25Y
30Y
Sensitivity to a one basis point move at each point on the curve, in years. Concentrated in 12 of twelve buckets, summing to 14.969 years against a modified duration of 14.816.

Against the fitted curve

Priced 0.2 bp rich to the curve on that day, 2.34 cents per 100 of face.

That is 0.59 standard deviations from its own typical residual.

Yield to maturity, 433 observations

4.25%4.50%4.75%5.00%5.25%5.50%5.75%Feb 18, 2025Nov 9, 2026Feb 18, 2025Yield to maturity4.775%Feb 20, 2025Yield to maturity4.743%Feb 24, 2025Yield to maturity4.656%Feb 26, 2025Yield to maturity4.505%Feb 28, 2025Yield to maturity4.514%Mar 4, 2025Yield to maturity4.527%Mar 6, 2025Yield to maturity4.584%Mar 10, 2025Yield to maturity4.544%Mar 12, 2025Yield to maturity4.631%Mar 14, 2025Yield to maturity4.619%Mar 18, 2025Yield to maturity4.578%Mar 20, 2025Yield to maturity4.552%Mar 24, 2025Yield to maturity4.658%Mar 26, 2025Yield to maturity4.691%Mar 28, 2025Yield to maturity4.636%Apr 1, 2025Yield to maturity4.521%Apr 3, 2025Yield to maturity4.485%Apr 7, 2025Yield to maturity4.575%Apr 9, 2025Yield to maturity4.719%Apr 11, 2025Yield to maturity4.852%Apr 15, 2025Yield to maturity4.787%Apr 17, 2025Yield to maturity4.803%Apr 22, 2025Yield to maturity4.885%Apr 24, 2025Yield to maturity4.769%Apr 28, 2025Yield to maturity4.691%Apr 30, 2025Yield to maturity4.664%May 2, 2025Yield to maturity4.789%May 6, 2025Yield to maturity4.813%May 8, 2025Yield to maturity4.844%May 12, 2025Yield to maturity4.899%May 14, 2025Yield to maturity4.983%May 16, 2025Yield to maturity4.902%May 20, 2025Yield to maturity4.973%May 22, 2025Yield to maturity5.062%May 27, 2025Yield to maturity4.952%May 29, 2025Yield to maturity4.935%Jun 2, 2025Yield to maturity4.998%Jun 4, 2025Yield to maturity4.896%Jun 6, 2025Yield to maturity4.975%Jun 10, 2025Yield to maturity4.939%Jun 12, 2025Yield to maturity4.848%Jun 16, 2025Yield to maturity4.967%Jun 18, 2025Yield to maturity4.887%Jun 23, 2025Yield to maturity4.877%Jun 25, 2025Yield to maturity4.840%Jun 27, 2025Yield to maturity4.853%Jul 1, 2025Yield to maturity4.781%Jul 3, 2025Yield to maturity4.867%Jul 8, 2025Yield to maturity4.948%Jul 10, 2025Yield to maturity4.871%Jul 14, 2025Yield to maturity4.974%Jul 16, 2025Yield to maturity5.018%Jul 18, 2025Yield to maturity5.003%Jul 22, 2025Yield to maturity4.911%Jul 24, 2025Yield to maturity4.963%Jul 28, 2025Yield to maturity4.966%Jul 30, 2025Yield to maturity4.903%Aug 1, 2025Yield to maturity4.812%Aug 5, 2025Yield to maturity4.782%Aug 7, 2025Yield to maturity4.825%Aug 11, 2025Yield to maturity4.851%Aug 13, 2025Yield to maturity4.835%Aug 15, 2025Yield to maturity4.932%Aug 19, 2025Yield to maturity4.909%Aug 21, 2025Yield to maturity4.932%Aug 25, 2025Yield to maturity4.901%Aug 27, 2025Yield to maturity4.922%Aug 29, 2025Yield to maturity4.924%Sep 3, 2025Yield to maturity4.903%Sep 5, 2025Yield to maturity4.778%Sep 9, 2025Yield to maturity4.722%Sep 11, 2025Yield to maturity4.650%Sep 15, 2025Yield to maturity4.664%Sep 17, 2025Yield to maturity4.658%Sep 19, 2025Yield to maturity4.750%Sep 23, 2025Yield to maturity4.736%Sep 25, 2025Yield to maturity4.754%Sep 29, 2025Yield to maturity4.712%Oct 1, 2025Yield to maturity4.722%Oct 3, 2025Yield to maturity4.720%Oct 7, 2025Yield to maturity4.734%Oct 9, 2025Yield to maturity4.734%Oct 14, 2025Yield to maturity4.625%Oct 16, 2025Yield to maturity4.582%Oct 20, 2025Yield to maturity4.580%Oct 22, 2025Yield to maturity4.545%Oct 24, 2025Yield to maturity4.593%Oct 28, 2025Yield to maturity4.553%Oct 30, 2025Yield to maturity4.656%Nov 3, 2025Yield to maturity4.698%Nov 5, 2025Yield to maturity4.742%Nov 7, 2025Yield to maturity4.702%Nov 12, 2025Yield to maturity4.672%Nov 14, 2025Yield to maturity4.754%Nov 18, 2025Yield to maturity4.750%Nov 20, 2025Yield to maturity4.736%Nov 24, 2025Yield to maturity4.688%Nov 26, 2025Yield to maturity4.648%Dec 1, 2025Yield to maturity4.748%Dec 3, 2025Yield to maturity4.734%Dec 5, 2025Yield to maturity4.799%Dec 9, 2025Yield to maturity4.813%Dec 11, 2025Yield to maturity4.797%Dec 15, 2025Yield to maturity4.856%Dec 17, 2025Yield to maturity4.836%Dec 19, 2025Yield to maturity4.834%Dec 23, 2025Yield to maturity4.834%Dec 26, 2025Yield to maturity4.821%Dec 30, 2025Yield to maturity4.815%Jan 2, 2026Yield to maturity4.869%Jan 6, 2026Yield to maturity4.869%Jan 8, 2026Yield to maturity4.863%Jan 12, 2026Yield to maturity4.844%Jan 14, 2026Yield to maturity4.799%Jan 16, 2026Yield to maturity4.840%Jan 21, 2026Yield to maturity4.882%Jan 23, 2026Yield to maturity4.834%Jan 27, 2026Yield to maturity4.842%Jan 29, 2026Yield to maturity4.859%Feb 2, 2026Yield to maturity4.911%Feb 4, 2026Yield to maturity4.922%Feb 6, 2026Yield to maturity4.861%Feb 10, 2026Yield to maturity4.791%Feb 12, 2026Yield to maturity4.735%Feb 17, 2026Yield to maturity4.692%Feb 19, 2026Yield to maturity4.714%Feb 23, 2026Yield to maturity4.712%Feb 25, 2026Yield to maturity4.704%Feb 27, 2026Yield to maturity4.645%Mar 3, 2026Yield to maturity4.712%Mar 5, 2026Yield to maturity4.753%Mar 9, 2026Yield to maturity4.737%Mar 11, 2026Yield to maturity4.872%Mar 13, 2026Yield to maturity4.920%Mar 17, 2026Yield to maturity4.864%Mar 19, 2026Yield to maturity4.851%Mar 23, 2026Yield to maturity4.935%Mar 25, 2026Yield to maturity4.912%Mar 27, 2026Yield to maturity4.999%Mar 31, 2026Yield to maturity4.899%Apr 2, 2026Yield to maturity4.901%Apr 6, 2026Yield to maturity4.906%Apr 8, 2026Yield to maturity4.903%Apr 10, 2026Yield to maturity4.927%Apr 14, 2026Yield to maturity4.883%Apr 16, 2026Yield to maturity4.944%Apr 20, 2026Yield to maturity4.893%Apr 22, 2026Yield to maturity4.914%Apr 24, 2026Yield to maturity4.923%Apr 28, 2026Yield to maturity4.957%Apr 30, 2026Yield to maturity4.999%May 4, 2026Yield to maturity5.036%May 6, 2026Yield to maturity4.955%May 8, 2026Yield to maturity4.963%May 12, 2026Yield to maturity5.045%May 14, 2026Yield to maturity5.038%May 18, 2026Yield to maturity5.155%May 20, 2026Yield to maturity5.133%May 22, 2026Yield to maturity5.087%May 27, 2026Yield to maturity5.032%May 29, 2026Yield to maturity5.006%Jun 2, 2026Yield to maturity4.985%Jun 4, 2026Yield to maturity4.993%Jun 8, 2026Yield to maturity5.050%Jun 10, 2026Yield to maturity5.048%Jun 12, 2026Yield to maturity4.992%Jun 16, 2026Yield to maturity4.942%Jun 18, 2026Yield to maturity4.921%Jun 23, 2026Yield to maturity4.962%Jun 25, 2026Yield to maturity4.877%Jun 29, 2026Yield to maturity4.877%Jul 1, 2026Yield to maturity4.985%Jul 6, 2026Yield to maturity5.009%Jul 8, 2026Yield to maturity5.083%Jul 10, 2026Yield to maturity5.086%Jul 14, 2026Yield to maturity5.103%Jul 16, 2026Yield to maturity5.112%Jul 20, 2026Yield to maturity5.130%Jul 22, 2026Yield to maturity5.172%Jul 24, 2026Yield to maturity5.179%Jul 28, 2026Yield to maturity5.115%Jul 30, 2026Yield to maturity5.231%Aug 3, 2026Yield to maturity5.252%Aug 5, 2026Yield to maturity5.198%Aug 7, 2026Yield to maturity5.216%Aug 11, 2026Yield to maturity5.264%Aug 13, 2026Yield to maturity5.234%Aug 17, 2026Yield to maturity5.335%Aug 19, 2026Yield to maturity5.216%Aug 21, 2026Yield to maturity5.298%Aug 25, 2026Yield to maturity5.191%Aug 27, 2026Yield to maturity5.212%Aug 31, 2026Yield to maturity5.269%Sep 2, 2026Yield to maturity5.289%Sep 4, 2026Yield to maturity5.264%Sep 9, 2026Yield to maturity5.301%Sep 11, 2026Yield to maturity5.376%Sep 15, 2026Yield to maturity5.390%Sep 17, 2026Yield to maturity5.310%Sep 21, 2026Yield to maturity5.315%Sep 23, 2026Yield to maturity5.425%Sep 25, 2026Yield to maturity5.519%Sep 29, 2026Yield to maturity5.622%Oct 1, 2026Yield to maturity5.637%Oct 5, 2026Yield to maturity5.695%Oct 7, 2026Yield to maturity5.697%Oct 9, 2026Yield to maturity5.632%Oct 14, 2026Yield to maturity5.549%Oct 16, 2026Yield to maturity5.450%Oct 20, 2026Yield to maturity5.448%Oct 22, 2026Yield to maturity5.311%Oct 26, 2026Yield to maturity5.335%Oct 28, 2026Yield to maturity5.396%Oct 30, 2026Yield to maturity5.340%Nov 3, 2026Yield to maturity5.347%Nov 5, 2026Yield to maturity5.275%Nov 9, 2026Yield to maturity5.291%

Price history

433 trading days to Nov 9, 2026

859095100105Feb 18, 2025Nov 9, 2026Feb 18, 2025Close97.625Feb 20, 2025Close98.125Feb 24, 2025Close99.500Feb 26, 2025Close101.969Feb 28, 2025Close101.813Mar 4, 2025Close101.594Mar 6, 2025Close100.656Mar 10, 2025Close101.313Mar 12, 2025Close99.906Mar 14, 2025Close100.094Mar 18, 2025Close100.750Mar 20, 2025Close101.188Mar 24, 2025Close99.469Mar 26, 2025Close98.938Mar 28, 2025Close99.813Apr 1, 2025Close101.688Apr 3, 2025Close102.281Apr 7, 2025Close100.813Apr 9, 2025Close98.500Apr 11, 2025Close96.438Apr 15, 2025Close97.438Apr 17, 2025Close97.188Apr 22, 2025Close95.938Apr 24, 2025Close97.719Apr 28, 2025Close98.938Apr 30, 2025Close99.375May 2, 2025Close97.406May 6, 2025Close97.031May 8, 2025Close96.563May 12, 2025Close95.719May 14, 2025Close94.469May 16, 2025Close95.688May 20, 2025Close94.625May 22, 2025Close93.313May 27, 2025Close94.938May 29, 2025Close95.188Jun 2, 2025Close94.250Jun 4, 2025Close95.781Jun 6, 2025Close94.594Jun 10, 2025Close95.125Jun 12, 2025Close96.500Jun 16, 2025Close94.719Jun 18, 2025Close95.906Jun 23, 2025Close96.063Jun 25, 2025Close96.625Jun 27, 2025Close96.438Jul 1, 2025Close97.531Jul 3, 2025Close96.219Jul 8, 2025Close95.000Jul 10, 2025Close96.156Jul 14, 2025Close94.625Jul 16, 2025Close93.969Jul 18, 2025Close94.188Jul 22, 2025Close95.563Jul 24, 2025Close94.781Jul 28, 2025Close94.750Jul 30, 2025Close95.688Aug 1, 2025Close97.063Aug 5, 2025Close97.531Aug 7, 2025Close96.875Aug 11, 2025Close96.469Aug 13, 2025Close96.719Aug 15, 2025Close95.250Aug 19, 2025Close95.594Aug 21, 2025Close95.250Aug 25, 2025Close95.719Aug 27, 2025Close95.406Aug 29, 2025Close95.375Sep 3, 2025Close95.688Sep 5, 2025Close97.594Sep 9, 2025Close98.469Sep 11, 2025Close99.594Sep 15, 2025Close99.375Sep 17, 2025Close99.469Sep 19, 2025Close98.031Sep 23, 2025Close98.250Sep 25, 2025Close97.969Sep 29, 2025Close98.625Oct 1, 2025Close98.469Oct 3, 2025Close98.500Oct 7, 2025Close98.281Oct 9, 2025Close98.281Oct 14, 2025Close100.000Oct 16, 2025Close100.688Oct 20, 2025Close100.719Oct 22, 2025Close101.281Oct 24, 2025Close100.500Oct 28, 2025Close101.156Oct 30, 2025Close99.500Nov 3, 2025Close98.844Nov 5, 2025Close98.156Nov 7, 2025Close98.781Nov 12, 2025Close99.250Nov 14, 2025Close97.969Nov 18, 2025Close98.031Nov 20, 2025Close98.250Nov 24, 2025Close99.000Nov 26, 2025Close99.625Dec 1, 2025Close98.063Dec 3, 2025Close98.281Dec 5, 2025Close97.281Dec 9, 2025Close97.063Dec 11, 2025Close97.313Dec 15, 2025Close96.406Dec 17, 2025Close96.719Dec 19, 2025Close96.750Dec 23, 2025Close96.750Dec 26, 2025Close96.938Dec 30, 2025Close97.031Jan 2, 2026Close96.219Jan 6, 2026Close96.219Jan 8, 2026Close96.313Jan 12, 2026Close96.594Jan 14, 2026Close97.281Jan 16, 2026Close96.656Jan 21, 2026Close96.031Jan 23, 2026Close96.750Jan 27, 2026Close96.625Jan 29, 2026Close96.375Feb 2, 2026Close95.594Feb 4, 2026Close95.438Feb 6, 2026Close96.344Feb 10, 2026Close97.406Feb 12, 2026Close98.281Feb 17, 2026Close98.938Feb 19, 2026Close98.594Feb 23, 2026Close98.625Feb 25, 2026Close98.750Feb 27, 2026Close99.688Mar 3, 2026Close98.625Mar 5, 2026Close98.000Mar 9, 2026Close98.250Mar 11, 2026Close96.188Mar 13, 2026Close95.469Mar 17, 2026Close96.313Mar 19, 2026Close96.500Mar 23, 2026Close95.250Mar 25, 2026Close95.594Mar 27, 2026Close94.313Mar 31, 2026Close95.781Apr 2, 2026Close95.750Apr 6, 2026Close95.688Apr 8, 2026Close95.719Apr 10, 2026Close95.375Apr 14, 2026Close96.031Apr 16, 2026Close95.125Apr 20, 2026Close95.875Apr 22, 2026Close95.563Apr 24, 2026Close95.438Apr 28, 2026Close94.938Apr 30, 2026Close94.313May 4, 2026Close93.781May 6, 2026Close94.969May 8, 2026Close94.844May 12, 2026Close93.656May 14, 2026Close93.750May 18, 2026Close92.094May 20, 2026Close92.406May 22, 2026Close93.063May 27, 2026Close93.844May 29, 2026Close94.219Jun 2, 2026Close94.531Jun 4, 2026Close94.406Jun 8, 2026Close93.594Jun 10, 2026Close93.625Jun 12, 2026Close94.438Jun 16, 2026Close95.156Jun 18, 2026Close95.469Jun 23, 2026Close94.875Jun 25, 2026Close96.125Jun 29, 2026Close96.125Jul 1, 2026Close94.531Jul 6, 2026Close94.188Jul 8, 2026Close93.125Jul 10, 2026Close93.094Jul 14, 2026Close92.844Jul 16, 2026Close92.719Jul 20, 2026Close92.469Jul 22, 2026Close91.875Jul 24, 2026Close91.781Jul 28, 2026Close92.688Jul 30, 2026Close91.063Aug 3, 2026Close90.781Aug 5, 2026Close91.531Aug 7, 2026Close91.281Aug 11, 2026Close90.625Aug 13, 2026Close91.031Aug 17, 2026Close89.656Aug 19, 2026Close91.281Aug 21, 2026Close90.156Aug 25, 2026Close91.625Aug 27, 2026Close91.344Aug 31, 2026Close90.563Sep 2, 2026Close90.281Sep 4, 2026Close90.625Sep 9, 2026Close90.125Sep 11, 2026Close89.125Sep 15, 2026Close88.938Sep 17, 2026Close90.000Sep 21, 2026Close89.938Sep 23, 2026Close88.469Sep 25, 2026Close87.250Sep 29, 2026Close85.938Oct 1, 2026Close85.750Oct 5, 2026Close85.031Oct 7, 2026Close85.000Oct 9, 2026Close85.813Oct 14, 2026Close86.875Oct 16, 2026Close88.156Oct 20, 2026Close88.188Oct 22, 2026Close90.000Oct 26, 2026Close89.688Oct 28, 2026Close88.875Oct 30, 2026Close89.625Nov 3, 2026Close89.531Nov 5, 2026Close90.500Nov 9, 2026Close90.281
The most recent 20 trading days of prices for 912810UG1.
DateBidOfferClose
Nov 9, 202690.28190.31390.281
Nov 6, 202690.43890.45390.344
Nov 5, 202690.43890.46990.500
Nov 4, 202689.75089.78190.063
Nov 3, 202689.71989.75089.531
Nov 2, 202690.43890.46990.031
Oct 30, 202689.59489.62589.625
Oct 29, 202689.59489.62589.594
Oct 28, 202689.46989.48488.875
Oct 27, 202689.78189.79789.844
Oct 26, 202689.71989.75089.688
Oct 23, 202689.62589.65689.469
Oct 22, 202689.43889.45390.000
Oct 21, 202688.34488.37588.219
Oct 20, 202688.15688.17288.188
Oct 19, 202687.68887.71987.438
Oct 16, 202688.31388.32888.156
Oct 15, 202688.12588.15688.094
Oct 14, 202686.31386.32886.875
Oct 13, 202686.34486.37586.406

Prices are per 100 of face, from Treasury's own end-of-day file. A dash means that side was not quoted that day, which is almost always the offer and almost always near maturity: a holder of a bill days from paying par has little reason to sell it.

3 auctions

A CUSIP can be auctioned more than once: Treasury reopens an existing security rather than issuing a new one, so the same bond is sold again at whatever yield the market then wants.

Auction history for 912810UG1.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Feb 13, 2025Feb 18, 2025New issue$25.0bn$31.9bn2.33x4.748%
Mar 13, 2025Mar 17, 2025Reopening$22.0bn$22.4bn2.37x4.623%
Apr 10, 2025Apr 15, 2025Reopening$22.0bn$25.7bn2.43x4.813%

The curve this was priced against →

Index levels before September 30, 2026 are back-tested. They were computed after the fact by applying the rules to historical data, which benefits from hindsight in the choice of rules, and an index cannot be invested in directly. Methodology v1.0 takes effect at that rebalance, when levels begin to be struck on the day; the rulebook is identical either way, and the version is published on every row.

A fitted curve is a fit, not a quote. Daily error averages 3.8 basis points across the history and reaches about 20 on the worst days, in December 2008, when the market was genuinely hard to fit one smooth curve to. Every curve page publishes its own fit error rather than burying it.

Free to benchmark against. Paid only to track. Measuring anything against these curves and indices is free. No license, no fee, no registration, and no permission needed to say that you did, including in a prospectus. A fee applies to one thing: launching a product that tracks an index.

Safe Rate™, Safe Rate Indices™ and the Safe Rate US Treasury Index™ are trademarks of Safe Rate, claimed through use in commerce and not registered. Third-party marks are the property of their owners, which are not affiliated with and do not endorse this data.

Curves are fitted from public Treasury data and carry fit error; figures are not a record of trading, and an index cannot be invested in directly. No claim of compliance with the IOSCO Principles for Financial Benchmarks is made or implied. Not investment advice, not an offer, and not a recommendation to buy or sell any security.