Treasury note

91282CDW8 · 1.75% due January 31, 2029

Original term
7-Year
Maturity
Jan 31, 2029
Coupon
1.750%
Pays
Semi-Annual
Dated
Jan 31, 2022
First coupon
Jul 31, 2022
Priced through
Nov 9, 2026
Analyzed through
Nov 9, 2026

Statement of October 31, 2026

Amount outstanding
$60.41bn
Held stripped
$357.6m
Share stripped
0.59%

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
4.589%
Modified duration
2.129 yr
DV01
0.0201
Convexity
0.0564
Dirty price
94.548

Where its rate sensitivity sits

<.01
<.01
0.02
1.68
0.48
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 5 of twelve buckets, summing to 2.180 years against a modified duration of 2.129.

Against the fitted curve

Priced 1.0 bp rich to the curve on that day, 1.92 cents per 100 of face.

That is -0.39 standard deviations from its own typical residual.

Yield to maturity, 1,194 observations

1%2%3%4%5%6%Jan 31, 2022Nov 9, 2026Jan 31, 2022Yield to maturity1.755%Feb 7, 2022Yield to maturity1.884%Feb 14, 2022Yield to maturity1.982%Feb 22, 2022Yield to maturity1.929%Mar 1, 2022Yield to maturity1.673%Mar 8, 2022Yield to maturity1.857%Mar 15, 2022Yield to maturity2.163%Mar 22, 2022Yield to maturity2.431%Mar 29, 2022Yield to maturity2.495%Apr 5, 2022Yield to maturity2.657%Apr 12, 2022Yield to maturity2.738%Apr 20, 2022Yield to maturity2.894%Apr 27, 2022Yield to maturity2.850%May 4, 2022Yield to maturity2.981%May 11, 2022Yield to maturity2.952%May 18, 2022Yield to maturity2.928%May 25, 2022Yield to maturity2.770%Jun 2, 2022Yield to maturity2.962%Jun 9, 2022Yield to maturity3.086%Jun 16, 2022Yield to maturity3.368%Jun 24, 2022Yield to maturity3.195%Jul 1, 2022Yield to maturity2.918%Jul 11, 2022Yield to maturity3.070%Jul 18, 2022Yield to maturity3.057%Jul 25, 2022Yield to maturity2.894%Aug 1, 2022Yield to maturity2.657%Aug 8, 2022Yield to maturity2.873%Aug 15, 2022Yield to maturity2.893%Aug 22, 2022Yield to maturity3.160%Aug 29, 2022Yield to maturity3.267%Sep 6, 2022Yield to maturity3.462%Sep 13, 2022Yield to maturity3.584%Sep 20, 2022Yield to maturity3.749%Sep 27, 2022Yield to maturity4.203%Oct 4, 2022Yield to maturity3.820%Oct 12, 2022Yield to maturity4.126%Oct 19, 2022Yield to maturity4.350%Oct 26, 2022Yield to maturity4.208%Nov 2, 2022Yield to maturity4.302%Nov 9, 2022Yield to maturity4.291%Nov 17, 2022Yield to maturity3.926%Nov 25, 2022Yield to maturity3.855%Dec 2, 2022Yield to maturity3.677%Dec 9, 2022Yield to maturity3.750%Dec 16, 2022Yield to maturity3.628%Dec 23, 2022Yield to maturity3.875%Jan 3, 2023Yield to maturity3.938%Jan 10, 2023Yield to maturity3.726%Jan 18, 2023Yield to maturity3.444%Jan 25, 2023Yield to maturity3.553%Feb 1, 2023Yield to maturity3.473%Feb 8, 2023Yield to maturity3.795%Feb 15, 2023Yield to maturity4.005%Feb 23, 2023Yield to maturity4.096%Mar 2, 2023Yield to maturity4.305%Mar 9, 2023Yield to maturity4.189%Mar 16, 2023Yield to maturity3.739%Mar 23, 2023Yield to maturity3.461%Mar 30, 2023Yield to maturity3.694%Apr 6, 2023Yield to maturity3.396%Apr 13, 2023Yield to maturity3.540%Apr 20, 2023Yield to maturity3.655%Apr 27, 2023Yield to maturity3.635%May 4, 2023Yield to maturity3.354%May 11, 2023Yield to maturity3.410%May 18, 2023Yield to maturity3.731%May 25, 2023Yield to maturity3.948%Jun 2, 2023Yield to maturity3.866%Jun 9, 2023Yield to maturity3.932%Jun 16, 2023Yield to maturity3.988%Jun 26, 2023Yield to maturity3.961%Jul 3, 2023Yield to maturity4.166%Jul 11, 2023Yield to maturity4.229%Jul 18, 2023Yield to maturity3.998%Jul 25, 2023Yield to maturity4.156%Aug 1, 2023Yield to maturity4.241%Aug 8, 2023Yield to maturity4.124%Aug 15, 2023Yield to maturity4.376%Aug 22, 2023Yield to maturity4.505%Aug 29, 2023Yield to maturity4.295%Sep 6, 2023Yield to maturity4.468%Sep 13, 2023Yield to maturity4.420%Sep 20, 2023Yield to maturity4.543%Sep 27, 2023Yield to maturity4.727%Oct 4, 2023Yield to maturity4.766%Oct 12, 2023Yield to maturity4.741%Oct 19, 2023Yield to maturity5.004%Oct 26, 2023Yield to maturity4.873%Nov 2, 2023Yield to maturity4.706%Nov 9, 2023Yield to maturity4.706%Nov 16, 2023Yield to maturity4.483%Nov 24, 2023Yield to maturity4.541%Dec 1, 2023Yield to maturity4.198%Dec 8, 2023Yield to maturity4.287%Dec 15, 2023Yield to maturity3.954%Dec 22, 2023Yield to maturity3.919%Jan 2, 2024Yield to maturity3.965%Jan 9, 2024Yield to maturity4.009%Jan 17, 2024Yield to maturity4.041%Jan 24, 2024Yield to maturity4.108%Jan 31, 2024Yield to maturity3.932%Feb 7, 2024Yield to maturity4.081%Feb 14, 2024Yield to maturity4.270%Feb 22, 2024Yield to maturity4.357%Feb 29, 2024Yield to maturity4.290%Mar 7, 2024Yield to maturity4.110%Mar 14, 2024Yield to maturity4.325%Mar 21, 2024Yield to maturity4.288%Mar 28, 2024Yield to maturity4.244%Apr 5, 2024Yield to maturity4.405%Apr 12, 2024Yield to maturity4.573%Apr 19, 2024Yield to maturity4.695%Apr 26, 2024Yield to maturity4.730%May 3, 2024Yield to maturity4.518%May 10, 2024Yield to maturity4.553%May 17, 2024Yield to maturity4.468%May 24, 2024Yield to maturity4.553%Jun 3, 2024Yield to maturity4.459%Jun 10, 2024Yield to maturity4.510%Jun 17, 2024Yield to maturity4.344%Jun 25, 2024Yield to maturity4.299%Jul 2, 2024Yield to maturity4.431%Jul 10, 2024Yield to maturity4.273%Jul 17, 2024Yield to maturity4.097%Jul 24, 2024Yield to maturity4.180%Jul 31, 2024Yield to maturity3.994%Aug 7, 2024Yield to maturity3.818%Aug 14, 2024Yield to maturity3.705%Aug 21, 2024Yield to maturity3.689%Aug 28, 2024Yield to maturity3.705%Sep 5, 2024Yield to maturity3.584%Sep 12, 2024Yield to maturity3.503%Sep 19, 2024Yield to maturity3.518%Sep 26, 2024Yield to maturity3.575%Oct 3, 2024Yield to maturity3.648%Oct 10, 2024Yield to maturity3.931%Oct 18, 2024Yield to maturity3.902%Oct 25, 2024Yield to maturity4.099%Nov 1, 2024Yield to maturity4.238%Nov 8, 2024Yield to maturity4.233%Nov 18, 2024Yield to maturity4.296%Nov 25, 2024Yield to maturity4.211%Dec 3, 2024Yield to maturity4.145%Dec 10, 2024Yield to maturity4.129%Dec 17, 2024Yield to maturity4.272%Dec 24, 2024Yield to maturity4.473%Jan 2, 2025Yield to maturity4.361%Jan 9, 2025Yield to maturity4.436%Jan 16, 2025Yield to maturity4.385%Jan 24, 2025Yield to maturity4.412%Jan 31, 2025Yield to maturity4.351%Feb 7, 2025Yield to maturity4.345%Feb 14, 2025Yield to maturity4.322%Feb 24, 2025Yield to maturity4.215%Mar 3, 2025Yield to maturity3.969%Mar 10, 2025Yield to maturity3.962%Mar 17, 2025Yield to maturity4.092%Mar 24, 2025Yield to maturity4.066%Mar 31, 2025Yield to maturity3.929%Apr 7, 2025Yield to maturity3.772%Apr 14, 2025Yield to maturity3.960%Apr 22, 2025Yield to maturity3.897%Apr 29, 2025Yield to maturity3.710%May 6, 2025Yield to maturity3.833%May 13, 2025Yield to maturity4.073%May 20, 2025Yield to maturity4.008%May 28, 2025Yield to maturity4.011%Jun 4, 2025Yield to maturity3.878%Jun 11, 2025Yield to maturity3.957%Jun 18, 2025Yield to maturity3.931%Jun 26, 2025Yield to maturity3.737%Jul 3, 2025Yield to maturity3.890%Jul 11, 2025Yield to maturity3.911%Jul 18, 2025Yield to maturity3.883%Jul 25, 2025Yield to maturity3.884%Aug 1, 2025Yield to maturity3.695%Aug 8, 2025Yield to maturity3.756%Aug 15, 2025Yield to maturity3.756%Aug 22, 2025Yield to maturity3.675%Aug 29, 2025Yield to maturity3.606%Sep 8, 2025Yield to maturity3.493%Sep 15, 2025Yield to maturity3.534%Sep 22, 2025Yield to maturity3.616%Sep 29, 2025Yield to maturity3.668%Oct 6, 2025Yield to maturity3.657%Oct 14, 2025Yield to maturity3.512%Oct 21, 2025Yield to maturity3.480%Oct 28, 2025Yield to maturity3.522%Nov 4, 2025Yield to maturity3.606%Nov 12, 2025Yield to maturity3.586%Nov 19, 2025Yield to maturity3.608%Nov 26, 2025Yield to maturity3.490%Dec 4, 2025Yield to maturity3.566%Dec 11, 2025Yield to maturity3.588%Dec 18, 2025Yield to maturity3.521%Dec 26, 2025Yield to maturity3.559%Jan 5, 2026Yield to maturity3.549%Jan 12, 2026Yield to maturity3.617%Jan 20, 2026Yield to maturity3.687%Jan 27, 2026Yield to maturity3.653%Feb 3, 2026Yield to maturity3.653%Feb 10, 2026Yield to maturity3.527%Feb 18, 2026Yield to maturity3.505%Feb 25, 2026Yield to maturity3.493%Mar 4, 2026Yield to maturity3.563%Mar 11, 2026Yield to maturity3.658%Mar 18, 2026Yield to maturity3.778%Mar 25, 2026Yield to maturity3.888%Apr 1, 2026Yield to maturity3.854%Apr 8, 2026Yield to maturity3.819%Apr 15, 2026Yield to maturity3.784%Apr 22, 2026Yield to maturity3.810%Apr 29, 2026Yield to maturity3.961%May 6, 2026Yield to maturity3.901%May 13, 2026Yield to maturity4.018%May 20, 2026Yield to maturity4.111%May 28, 2026Yield to maturity4.078%Jun 4, 2026Yield to maturity4.108%Jun 11, 2026Yield to maturity4.112%Jun 18, 2026Yield to maturity4.203%Jun 26, 2026Yield to maturity4.114%Jul 6, 2026Yield to maturity4.161%Jul 13, 2026Yield to maturity4.315%Jul 20, 2026Yield to maturity4.252%Jul 27, 2026Yield to maturity4.368%Aug 3, 2026Yield to maturity4.304%Aug 10, 2026Yield to maturity4.296%Aug 17, 2026Yield to maturity4.244%Aug 24, 2026Yield to maturity4.292%Aug 31, 2026Yield to maturity4.383%Sep 8, 2026Yield to maturity4.450%Sep 15, 2026Yield to maturity4.720%Sep 22, 2026Yield to maturity4.803%Sep 29, 2026Yield to maturity4.947%Oct 6, 2026Yield to maturity4.852%Oct 14, 2026Yield to maturity4.866%Oct 21, 2026Yield to maturity4.861%Oct 28, 2026Yield to maturity4.779%Nov 4, 2026Yield to maturity4.618%Nov 9, 2026Yield to maturity4.589%

Price history

1,194 trading days to Nov 9, 2026

85.087.590.092.595.097.5100.0102.5Jan 31, 2022Nov 9, 2026Jan 31, 2022Close99.969Feb 7, 2022Close99.125Feb 14, 2022Close98.500Feb 22, 2022Close98.844Mar 1, 2022Close100.500Mar 8, 2022Close99.313Mar 15, 2022Close97.375Mar 22, 2022Close95.719Mar 29, 2022Close95.344Apr 5, 2022Close94.375Apr 12, 2022Close93.906Apr 20, 2022Close93.000Apr 27, 2022Close93.281May 4, 2022Close92.531May 11, 2022Close92.719May 18, 2022Close92.875May 25, 2022Close93.813Jun 2, 2022Close92.719Jun 9, 2022Close92.031Jun 16, 2022Close90.469Jun 24, 2022Close91.469Jul 1, 2022Close93.063Jul 11, 2022Close92.219Jul 18, 2022Close92.313Jul 25, 2022Close93.250Aug 1, 2022Close94.625Aug 8, 2022Close93.406Aug 15, 2022Close93.313Aug 22, 2022Close91.844Aug 29, 2022Close91.281Sep 6, 2022Close90.250Sep 13, 2022Close89.625Sep 20, 2022Close88.781Sep 27, 2022Close86.469Oct 4, 2022Close88.469Oct 12, 2022Close86.938Oct 19, 2022Close85.844Oct 26, 2022Close86.594Nov 2, 2022Close86.156Nov 9, 2022Close86.250Nov 17, 2022Close88.125Nov 25, 2022Close88.531Dec 2, 2022Close89.469Dec 9, 2022Close89.125Dec 16, 2022Close89.781Dec 23, 2022Close88.563Jan 3, 2023Close88.281Jan 10, 2023Close89.375Jan 18, 2023Close90.844Jan 25, 2023Close90.313Feb 1, 2023Close90.750Feb 8, 2023Close89.156Feb 15, 2023Close88.156Feb 23, 2023Close87.750Mar 2, 2023Close86.781Mar 9, 2023Close87.375Mar 16, 2023Close89.594Mar 23, 2023Close91.000Mar 30, 2023Close89.875Apr 6, 2023Close91.375Apr 13, 2023Close90.688Apr 20, 2023Close90.156Apr 27, 2023Close90.281May 4, 2023Close91.688May 11, 2023Close91.438May 18, 2023Close89.906May 25, 2023Close88.906Jun 2, 2023Close89.344Jun 9, 2023Close89.063Jun 16, 2023Close88.844Jun 26, 2023Close89.000Jul 3, 2023Close88.094Jul 11, 2023Close87.844Jul 18, 2023Close88.938Jul 25, 2023Close88.250Aug 1, 2023Close87.906Aug 8, 2023Close88.469Aug 15, 2023Close87.375Aug 22, 2023Close86.844Aug 29, 2023Close87.813Sep 6, 2023Close87.094Sep 13, 2023Close87.344Sep 20, 2023Close86.844Sep 27, 2023Close86.094Oct 4, 2023Close85.969Oct 12, 2023Close86.125Oct 19, 2023Close85.063Oct 26, 2023Close85.656Nov 2, 2023Close86.406Nov 9, 2023Close86.469Nov 16, 2023Close87.438Nov 24, 2023Close87.250Dec 1, 2023Close88.750Dec 8, 2023Close88.406Dec 15, 2023Close89.875Dec 22, 2023Close90.063Jan 2, 2024Close89.906Jan 9, 2024Close89.750Jan 17, 2024Close89.656Jan 24, 2024Close89.406Jan 31, 2024Close90.188Feb 7, 2024Close89.594Feb 14, 2024Close88.844Feb 22, 2024Close88.531Feb 29, 2024Close88.844Mar 7, 2024Close89.625Mar 14, 2024Close88.781Mar 21, 2024Close88.969Mar 28, 2024Close89.188Apr 5, 2024Close88.594Apr 12, 2024Close87.969Apr 19, 2024Close87.531Apr 26, 2024Close87.438May 3, 2024Close88.313May 10, 2024Close88.219May 17, 2024Close88.594May 24, 2024Close88.313Jun 3, 2024Close88.719Jun 10, 2024Close88.563Jun 17, 2024Close89.250Jun 25, 2024Close89.469Jul 2, 2024Close89.000Jul 10, 2024Close89.656Jul 17, 2024Close90.375Jul 24, 2024Close90.094Jul 31, 2024Close90.844Aug 7, 2024Close91.563Aug 14, 2024Close92.031Aug 21, 2024Close92.125Aug 28, 2024Close92.094Sep 5, 2024Close92.594Sep 12, 2024Close92.938Sep 19, 2024Close92.906Sep 26, 2024Close92.719Oct 3, 2024Close92.469Oct 10, 2024Close91.438Oct 18, 2024Close91.594Oct 25, 2024Close90.906Nov 1, 2024Close90.438Nov 8, 2024Close90.500Nov 18, 2024Close90.313Nov 25, 2024Close90.656Dec 3, 2024Close90.938Dec 10, 2024Close91.031Dec 17, 2024Close90.563Dec 24, 2024Close89.906Jan 2, 2025Close90.344Jan 9, 2025Close90.125Jan 16, 2025Close90.344Jan 24, 2025Close90.313Jan 31, 2025Close90.563Feb 7, 2025Close90.625Feb 14, 2025Close90.750Feb 24, 2025Close91.156Mar 3, 2025Close92.031Mar 10, 2025Close92.094Mar 17, 2025Close91.688Mar 24, 2025Close91.813Mar 31, 2025Close92.313Apr 7, 2025Close92.875Apr 14, 2025Close92.281Apr 22, 2025Close92.531Apr 29, 2025Close93.188May 6, 2025Close92.813May 13, 2025Close92.063May 20, 2025Close92.313May 28, 2025Close92.344Jun 4, 2025Close92.813Jun 11, 2025Close92.594Jun 18, 2025Close92.719Jun 26, 2025Close93.375Jul 3, 2025Close92.938Jul 11, 2025Close92.906Jul 18, 2025Close93.031Jul 25, 2025Close93.063Aug 1, 2025Close93.688Aug 8, 2025Close93.531Aug 15, 2025Close93.563Aug 22, 2025Close93.844Aug 29, 2025Close94.094Sep 8, 2025Close94.469Sep 15, 2025Close94.375Sep 22, 2025Close94.156Sep 29, 2025Close94.031Oct 6, 2025Close94.094Oct 14, 2025Close94.563Oct 21, 2025Close94.688Oct 28, 2025Close94.594Nov 4, 2025Close94.375Nov 12, 2025Close94.469Nov 19, 2025Close94.438Nov 26, 2025Close94.813Dec 4, 2025Close94.625Dec 11, 2025Close94.594Dec 18, 2025Close94.813Dec 26, 2025Close94.750Jan 5, 2026Close94.813Jan 12, 2026Close94.656Jan 20, 2026Close94.500Jan 27, 2026Close94.625Feb 3, 2026Close94.656Feb 10, 2026Close95.031Feb 18, 2026Close95.125Feb 25, 2026Close95.188Mar 4, 2026Close95.031Mar 11, 2026Close94.813Mar 18, 2026Close94.531Mar 25, 2026Close94.281Apr 1, 2026Close94.406Apr 8, 2026Close94.531Apr 15, 2026Close94.656Apr 22, 2026Close94.625Apr 29, 2026Close94.281May 6, 2026Close94.469May 13, 2026Close94.219May 20, 2026Close94.031May 28, 2026Close94.156Jun 4, 2026Close94.125Jun 11, 2026Close94.156Jun 18, 2026Close94.000Jun 26, 2026Close94.250Jul 6, 2026Close94.188Jul 13, 2026Close93.875Jul 20, 2026Close94.063Jul 27, 2026Close93.844Aug 3, 2026Close94.031Aug 10, 2026Close94.094Aug 17, 2026Close94.250Aug 24, 2026Close94.188Aug 31, 2026Close94.031Sep 8, 2026Close93.938Sep 15, 2026Close93.406Sep 22, 2026Close93.281Sep 29, 2026Close93.031Oct 6, 2026Close93.281Oct 14, 2026Close93.313Oct 21, 2026Close93.375Oct 28, 2026Close93.594Nov 4, 2026Close93.969Nov 9, 2026Close94.063
The most recent 20 trading days of prices for 91282CDW8.
DateBidOfferClose
Nov 9, 202694.03194.06394.063
Nov 6, 202694.09494.12594.125
Nov 5, 202694.09494.10994.188
Nov 4, 202693.93893.95393.969
Nov 3, 202693.90693.92293.906
Nov 2, 202693.93893.96993.938
Oct 30, 202693.84493.87593.938
Oct 29, 202693.75093.78193.750
Oct 28, 202693.50093.51693.594
Oct 27, 202693.59493.60993.563
Oct 26, 202693.62593.64193.594
Oct 23, 202693.65693.67293.656
Oct 22, 202693.59493.62593.719
Oct 21, 202693.40693.42293.375
Oct 20, 202693.43893.45393.406
Oct 19, 202693.43893.45393.438
Oct 16, 202693.50093.53193.500
Oct 15, 202693.40693.42293.406
Oct 14, 202693.18893.21993.313
Oct 13, 202693.28193.31393.344

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.

Auction

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 91282CDW8.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Jan 27, 2022Jan 31, 2022New issue$53.0bn$60.9bn2.36x1.769%

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.

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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.