Treasury note

91282CJX0 · 4% due January 31, 2031

Original term
7-Year
Maturity
Jan 31, 2031
Coupon
4.000%
Pays
Semi-Annual
Dated
Jan 31, 2024
First coupon
Jul 31, 2024
Priced through
Nov 9, 2026
Analyzed through
Nov 9, 2026

Statement of October 31, 2026

Amount outstanding
$39.41bn
Held stripped
$0.9m
Share stripped
<0.01%

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
4.666%
Modified duration
3.791 yr
DV01
0.0374
Convexity
0.171
Dirty price
98.577

Where its rate sensitivity sits

<.01
0.01
0.03
0.07
1.53
2.23
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 6 of twelve buckets, summing to 3.881 years against a modified duration of 3.791.

Against the fitted curve

Priced 0.4 bp rich to the curve on that day, 1.39 cents per 100 of face.

That is -0.57 standard deviations from its own typical residual.

Yield to maturity, 694 observations

3.0%3.5%4.0%4.5%5.0%5.5%Jan 31, 2024Nov 9, 2026Jan 31, 2024Yield to maturity3.948%Feb 5, 2024Yield to maturity4.156%Feb 8, 2024Yield to maturity4.151%Feb 13, 2024Yield to maturity4.325%Feb 16, 2024Yield to maturity4.310%Feb 22, 2024Yield to maturity4.353%Feb 27, 2024Yield to maturity4.337%Mar 1, 2024Yield to maturity4.199%Mar 6, 2024Yield to maturity4.125%Mar 11, 2024Yield to maturity4.099%Mar 14, 2024Yield to maturity4.307%Mar 19, 2024Yield to maturity4.318%Mar 22, 2024Yield to maturity4.222%Mar 27, 2024Yield to maturity4.201%Apr 2, 2024Yield to maturity4.373%Apr 5, 2024Yield to maturity4.396%Apr 10, 2024Yield to maturity4.593%Apr 15, 2024Yield to maturity4.649%Apr 18, 2024Yield to maturity4.672%Apr 23, 2024Yield to maturity4.623%Apr 26, 2024Yield to maturity4.697%May 1, 2024Yield to maturity4.642%May 6, 2024Yield to maturity4.488%May 9, 2024Yield to maturity4.461%May 14, 2024Yield to maturity4.456%May 17, 2024Yield to maturity4.435%May 22, 2024Yield to maturity4.446%May 28, 2024Yield to maturity4.570%May 31, 2024Yield to maturity4.526%Jun 5, 2024Yield to maturity4.299%Jun 10, 2024Yield to maturity4.477%Jun 13, 2024Yield to maturity4.239%Jun 18, 2024Yield to maturity4.229%Jun 24, 2024Yield to maturity4.263%Jun 27, 2024Yield to maturity4.296%Jul 2, 2024Yield to maturity4.408%Jul 8, 2024Yield to maturity4.236%Jul 11, 2024Yield to maturity4.148%Jul 16, 2024Yield to maturity4.110%Jul 19, 2024Yield to maturity4.188%Jul 24, 2024Yield to maturity4.199%Jul 29, 2024Yield to maturity4.094%Aug 1, 2024Yield to maturity3.890%Aug 6, 2024Yield to maturity3.786%Aug 9, 2024Yield to maturity3.851%Aug 14, 2024Yield to maturity3.720%Aug 19, 2024Yield to maturity3.790%Aug 22, 2024Yield to maturity3.774%Aug 27, 2024Yield to maturity3.735%Aug 30, 2024Yield to maturity3.800%Sep 5, 2024Yield to maturity3.619%Sep 10, 2024Yield to maturity3.515%Sep 13, 2024Yield to maturity3.514%Sep 18, 2024Yield to maturity3.562%Sep 23, 2024Yield to maturity3.605%Sep 26, 2024Yield to maturity3.643%Oct 1, 2024Yield to maturity3.599%Oct 4, 2024Yield to maturity3.875%Oct 9, 2024Yield to maturity3.965%Oct 15, 2024Yield to maturity3.926%Oct 18, 2024Yield to maturity3.954%Oct 23, 2024Yield to maturity4.125%Oct 28, 2024Yield to maturity4.177%Oct 31, 2024Yield to maturity4.206%Nov 5, 2024Yield to maturity4.218%Nov 8, 2024Yield to maturity4.247%Nov 14, 2024Yield to maturity4.376%Nov 19, 2024Yield to maturity4.306%Nov 22, 2024Yield to maturity4.342%Nov 27, 2024Yield to maturity4.179%Dec 3, 2024Yield to maturity4.168%Dec 6, 2024Yield to maturity4.086%Dec 11, 2024Yield to maturity4.186%Dec 16, 2024Yield to maturity4.304%Dec 19, 2024Yield to maturity4.489%Dec 24, 2024Yield to maturity4.508%Dec 30, 2024Yield to maturity4.431%Jan 3, 2025Yield to maturity4.481%Jan 8, 2025Yield to maturity4.530%Jan 13, 2025Yield to maturity4.677%Jan 16, 2025Yield to maturity4.465%Jan 22, 2025Yield to maturity4.490%Jan 27, 2025Yield to maturity4.394%Jan 30, 2025Yield to maturity4.377%Feb 4, 2025Yield to maturity4.383%Feb 7, 2025Yield to maturity4.390%Feb 12, 2025Yield to maturity4.531%Feb 18, 2025Yield to maturity4.452%Feb 21, 2025Yield to maturity4.313%Feb 26, 2025Yield to maturity4.131%Mar 3, 2025Yield to maturity4.029%Mar 6, 2025Yield to maturity4.138%Mar 11, 2025Yield to maturity4.108%Mar 14, 2025Yield to maturity4.163%Mar 19, 2025Yield to maturity4.102%Mar 24, 2025Yield to maturity4.163%Mar 27, 2025Yield to maturity4.175%Apr 1, 2025Yield to maturity3.981%Apr 4, 2025Yield to maturity3.794%Apr 9, 2025Yield to maturity4.146%Apr 14, 2025Yield to maturity4.121%Apr 17, 2025Yield to maturity4.042%Apr 23, 2025Yield to maturity4.109%Apr 28, 2025Yield to maturity3.913%May 1, 2025Yield to maturity3.913%May 6, 2025Yield to maturity3.987%May 9, 2025Yield to maturity4.073%May 14, 2025Yield to maturity4.248%May 19, 2025Yield to maturity4.148%May 22, 2025Yield to maturity4.198%May 28, 2025Yield to maturity4.149%Jun 2, 2025Yield to maturity4.105%Jun 5, 2025Yield to maturity4.074%Jun 10, 2025Yield to maturity4.156%Jun 13, 2025Yield to maturity4.087%Jun 18, 2025Yield to maturity4.050%Jun 24, 2025Yield to maturity3.930%Jun 27, 2025Yield to maturity3.905%Jul 2, 2025Yield to maturity3.937%Jul 8, 2025Yield to maturity4.050%Jul 11, 2025Yield to maturity4.057%Jul 16, 2025Yield to maturity4.057%Jul 21, 2025Yield to maturity3.981%Jul 24, 2025Yield to maturity4.038%Jul 29, 2025Yield to maturity3.962%Aug 1, 2025Yield to maturity3.828%Aug 6, 2025Yield to maturity3.821%Aug 11, 2025Yield to maturity3.885%Aug 14, 2025Yield to maturity3.878%Aug 19, 2025Yield to maturity3.884%Aug 22, 2025Yield to maturity3.820%Aug 27, 2025Yield to maturity3.768%Sep 2, 2025Yield to maturity3.806%Sep 5, 2025Yield to maturity3.639%Sep 10, 2025Yield to maturity3.639%Sep 15, 2025Yield to maturity3.651%Sep 18, 2025Yield to maturity3.714%Sep 23, 2025Yield to maturity3.720%Sep 26, 2025Yield to maturity3.816%Oct 1, 2025Yield to maturity3.725%Oct 6, 2025Yield to maturity3.790%Oct 9, 2025Yield to maturity3.776%Oct 15, 2025Yield to maturity3.665%Oct 20, 2025Yield to maturity3.612%Oct 23, 2025Yield to maturity3.638%Oct 28, 2025Yield to maturity3.643%Oct 31, 2025Yield to maturity3.741%Nov 5, 2025Yield to maturity3.793%Nov 10, 2025Yield to maturity3.740%Nov 14, 2025Yield to maturity3.766%Nov 19, 2025Yield to maturity3.732%Nov 24, 2025Yield to maturity3.639%Nov 28, 2025Yield to maturity3.631%Dec 3, 2025Yield to maturity3.651%Dec 8, 2025Yield to maturity3.777%Dec 11, 2025Yield to maturity3.736%Dec 16, 2025Yield to maturity3.716%Dec 19, 2025Yield to maturity3.715%Dec 24, 2025Yield to maturity3.748%Dec 30, 2025Yield to maturity3.694%Jan 5, 2026Yield to maturity3.720%Jan 8, 2026Yield to maturity3.753%Jan 13, 2026Yield to maturity3.760%Jan 16, 2026Yield to maturity3.841%Jan 22, 2026Yield to maturity3.862%Jan 27, 2026Yield to maturity3.834%Jan 30, 2026Yield to maturity3.806%Feb 4, 2026Yield to maturity3.847%Feb 9, 2026Yield to maturity3.757%Feb 12, 2026Yield to maturity3.673%Feb 18, 2026Yield to maturity3.658%Feb 23, 2026Yield to maturity3.588%Feb 26, 2026Yield to maturity3.588%Mar 3, 2026Yield to maturity3.642%Mar 6, 2026Yield to maturity3.739%Mar 11, 2026Yield to maturity3.794%Mar 16, 2026Yield to maturity3.815%Mar 19, 2026Yield to maturity3.900%Mar 24, 2026Yield to maturity4.049%Mar 27, 2026Yield to maturity4.078%Apr 1, 2026Yield to maturity3.970%Apr 6, 2026Yield to maturity3.992%Apr 9, 2026Yield to maturity3.920%Apr 14, 2026Yield to maturity3.876%Apr 17, 2026Yield to maturity3.847%Apr 22, 2026Yield to maturity3.919%Apr 27, 2026Yield to maturity3.955%Apr 30, 2026Yield to maturity4.021%May 5, 2026Yield to maturity4.079%May 8, 2026Yield to maturity4.021%May 13, 2026Yield to maturity4.117%May 18, 2026Yield to maturity4.265%May 21, 2026Yield to maturity4.243%May 27, 2026Yield to maturity4.177%Jun 1, 2026Yield to maturity4.185%Jun 4, 2026Yield to maturity4.185%Jun 9, 2026Yield to maturity4.261%Jun 12, 2026Yield to maturity4.217%Jun 17, 2026Yield to maturity4.278%Jun 23, 2026Yield to maturity4.271%Jun 26, 2026Yield to maturity4.135%Jul 1, 2026Yield to maturity4.242%Jul 7, 2026Yield to maturity4.273%Jul 10, 2026Yield to maturity4.305%Jul 15, 2026Yield to maturity4.252%Jul 20, 2026Yield to maturity4.322%Jul 23, 2026Yield to maturity4.455%Jul 28, 2026Yield to maturity4.363%Jul 31, 2026Yield to maturity4.442%Aug 5, 2026Yield to maturity4.325%Aug 10, 2026Yield to maturity4.404%Aug 13, 2026Yield to maturity4.303%Aug 18, 2026Yield to maturity4.358%Aug 21, 2026Yield to maturity4.415%Aug 26, 2026Yield to maturity4.368%Aug 31, 2026Yield to maturity4.488%Sep 3, 2026Yield to maturity4.505%Sep 9, 2026Yield to maturity4.595%Sep 14, 2026Yield to maturity4.799%Sep 17, 2026Yield to maturity4.792%Sep 22, 2026Yield to maturity4.844%Sep 25, 2026Yield to maturity4.986%Sep 30, 2026Yield to maturity5.080%Oct 5, 2026Yield to maturity5.058%Oct 8, 2026Yield to maturity4.976%Oct 14, 2026Yield to maturity4.996%Oct 19, 2026Yield to maturity4.940%Oct 22, 2026Yield to maturity4.783%Oct 27, 2026Yield to maturity4.844%Oct 30, 2026Yield to maturity4.721%Nov 4, 2026Yield to maturity4.681%Nov 9, 2026Yield to maturity4.666%

Price history

694 trading days to Nov 9, 2026

949698100102104Jan 31, 2024Nov 9, 2026Jan 31, 2024Close100.313Feb 5, 2024Close99.063Feb 8, 2024Close99.094Feb 13, 2024Close98.063Feb 16, 2024Close98.156Feb 22, 2024Close97.906Feb 27, 2024Close98.000Mar 1, 2024Close98.813Mar 6, 2024Close99.250Mar 11, 2024Close99.406Mar 14, 2024Close98.188Mar 19, 2024Close98.125Mar 22, 2024Close98.688Mar 27, 2024Close98.813Apr 2, 2024Close97.813Apr 5, 2024Close97.688Apr 10, 2024Close96.563Apr 15, 2024Close96.250Apr 18, 2024Close96.125Apr 23, 2024Close96.406Apr 26, 2024Close96.000May 1, 2024Close96.313May 6, 2024Close97.188May 9, 2024Close97.344May 14, 2024Close97.375May 17, 2024Close97.500May 22, 2024Close97.438May 28, 2024Close96.750May 31, 2024Close97.000Jun 5, 2024Close98.281Jun 10, 2024Close97.281Jun 13, 2024Close98.625Jun 18, 2024Close98.688Jun 24, 2024Close98.500Jun 27, 2024Close98.313Jul 2, 2024Close97.688Jul 8, 2024Close98.656Jul 11, 2024Close99.156Jul 16, 2024Close99.375Jul 19, 2024Close98.938Jul 24, 2024Close98.875Jul 29, 2024Close99.469Aug 1, 2024Close100.625Aug 6, 2024Close101.219Aug 9, 2024Close100.844Aug 14, 2024Close101.594Aug 19, 2024Close101.188Aug 22, 2024Close101.281Aug 27, 2024Close101.500Aug 30, 2024Close101.125Sep 5, 2024Close102.156Sep 10, 2024Close102.750Sep 13, 2024Close102.750Sep 18, 2024Close102.469Sep 23, 2024Close102.219Sep 26, 2024Close102.000Oct 1, 2024Close102.250Oct 4, 2024Close100.688Oct 9, 2024Close100.188Oct 15, 2024Close100.406Oct 18, 2024Close100.250Oct 23, 2024Close99.313Oct 28, 2024Close99.031Oct 31, 2024Close98.875Nov 5, 2024Close98.813Nov 8, 2024Close98.656Nov 14, 2024Close97.969Nov 19, 2024Close98.344Nov 22, 2024Close98.156Nov 27, 2024Close99.031Dec 3, 2024Close99.094Dec 6, 2024Close99.531Dec 11, 2024Close99.000Dec 16, 2024Close98.375Dec 19, 2024Close97.406Dec 24, 2024Close97.313Dec 30, 2024Close97.719Jan 3, 2025Close97.469Jan 8, 2025Close97.219Jan 13, 2025Close96.469Jan 16, 2025Close97.563Jan 22, 2025Close97.438Jan 27, 2025Close97.938Jan 30, 2025Close98.031Feb 4, 2025Close98.000Feb 7, 2025Close97.969Feb 12, 2025Close97.250Feb 18, 2025Close97.656Feb 21, 2025Close98.375Feb 26, 2025Close99.313Mar 3, 2025Close99.844Mar 6, 2025Close99.281Mar 11, 2025Close99.438Mar 14, 2025Close99.156Mar 19, 2025Close99.469Mar 24, 2025Close99.156Mar 27, 2025Close99.094Apr 1, 2025Close100.094Apr 4, 2025Close101.063Apr 9, 2025Close99.250Apr 14, 2025Close99.375Apr 17, 2025Close99.781Apr 23, 2025Close99.438Apr 28, 2025Close100.438May 1, 2025Close100.438May 6, 2025Close100.063May 9, 2025Close99.625May 14, 2025Close98.750May 19, 2025Close99.250May 22, 2025Close99.000May 28, 2025Close99.250Jun 2, 2025Close99.469Jun 5, 2025Close99.625Jun 10, 2025Close99.219Jun 13, 2025Close99.563Jun 18, 2025Close99.750Jun 24, 2025Close100.344Jun 27, 2025Close100.469Jul 2, 2025Close100.313Jul 8, 2025Close99.750Jul 11, 2025Close99.719Jul 16, 2025Close99.719Jul 21, 2025Close100.094Jul 24, 2025Close99.813Jul 29, 2025Close100.188Aug 1, 2025Close100.844Aug 6, 2025Close100.875Aug 11, 2025Close100.563Aug 14, 2025Close100.594Aug 19, 2025Close100.563Aug 22, 2025Close100.875Aug 27, 2025Close101.125Sep 2, 2025Close100.938Sep 5, 2025Close101.750Sep 10, 2025Close101.750Sep 15, 2025Close101.688Sep 18, 2025Close101.375Sep 23, 2025Close101.344Sep 26, 2025Close100.875Oct 1, 2025Close101.313Oct 6, 2025Close101.000Oct 9, 2025Close101.063Oct 15, 2025Close101.594Oct 20, 2025Close101.844Oct 23, 2025Close101.719Oct 28, 2025Close101.688Oct 31, 2025Close101.219Nov 5, 2025Close100.969Nov 10, 2025Close101.219Nov 14, 2025Close101.094Nov 19, 2025Close101.250Nov 24, 2025Close101.688Nov 28, 2025Close101.719Dec 3, 2025Close101.625Dec 8, 2025Close101.031Dec 11, 2025Close101.219Dec 16, 2025Close101.313Dec 19, 2025Close101.313Dec 24, 2025Close101.156Dec 30, 2025Close101.406Jan 5, 2026Close101.281Jan 8, 2026Close101.125Jan 13, 2026Close101.094Jan 16, 2026Close100.719Jan 22, 2026Close100.625Jan 27, 2026Close100.750Jan 30, 2026Close100.875Feb 4, 2026Close100.688Feb 9, 2026Close101.094Feb 12, 2026Close101.469Feb 18, 2026Close101.531Feb 23, 2026Close101.844Feb 26, 2026Close101.844Mar 3, 2026Close101.594Mar 6, 2026Close101.156Mar 11, 2026Close100.906Mar 16, 2026Close100.813Mar 19, 2026Close100.438Mar 24, 2026Close99.781Mar 27, 2026Close99.656Apr 1, 2026Close100.125Apr 6, 2026Close100.031Apr 9, 2026Close100.344Apr 14, 2026Close100.531Apr 17, 2026Close100.656Apr 22, 2026Close100.344Apr 27, 2026Close100.188Apr 30, 2026Close99.906May 5, 2026Close99.656May 8, 2026Close99.906May 13, 2026Close99.500May 18, 2026Close98.875May 21, 2026Close98.969May 27, 2026Close99.250Jun 1, 2026Close99.219Jun 4, 2026Close99.219Jun 9, 2026Close98.906Jun 12, 2026Close99.094Jun 17, 2026Close98.844Jun 23, 2026Close98.875Jun 26, 2026Close99.438Jul 1, 2026Close99.000Jul 7, 2026Close98.875Jul 10, 2026Close98.750Jul 15, 2026Close98.969Jul 20, 2026Close98.688Jul 23, 2026Close98.156Jul 28, 2026Close98.531Jul 31, 2026Close98.219Aug 5, 2026Close98.688Aug 10, 2026Close98.375Aug 13, 2026Close98.781Aug 18, 2026Close98.563Aug 21, 2026Close98.344Aug 26, 2026Close98.531Aug 31, 2026Close98.063Sep 3, 2026Close98.000Sep 9, 2026Close97.656Sep 14, 2026Close96.875Sep 17, 2026Close96.906Sep 22, 2026Close96.719Sep 25, 2026Close96.188Sep 30, 2026Close95.844Oct 5, 2026Close95.938Oct 8, 2026Close96.250Oct 14, 2026Close96.188Oct 19, 2026Close96.406Oct 22, 2026Close97.000Oct 27, 2026Close96.781Oct 30, 2026Close97.250Nov 4, 2026Close97.406Nov 9, 2026Close97.469
The most recent 20 trading days of prices for 91282CJX0.
DateBidOfferClose
Nov 9, 202697.46997.48497.469
Nov 6, 202697.53197.54797.563
Nov 5, 202697.59497.60997.750
Nov 4, 202697.31397.32897.406
Nov 3, 202697.21997.23497.188
Nov 2, 202697.34497.37597.313
Oct 30, 202697.15697.17297.250
Oct 29, 202697.00097.01697.000
Oct 28, 202696.62596.65696.719
Oct 27, 202696.81396.82896.781
Oct 26, 202696.84496.85996.813
Oct 23, 202696.87596.89196.875
Oct 22, 202696.81396.82897.000
Oct 21, 202696.43896.46996.375
Oct 20, 202696.50096.51696.406
Oct 19, 202696.43896.46996.406
Oct 16, 202696.59496.62596.594
Oct 15, 202696.46996.50096.500
Oct 14, 202695.93895.96996.188
Oct 13, 202696.12596.15696.156

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 91282CJX0.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Jan 25, 2024Jan 31, 2024New issue$41.0bn$41.0bn2.57x4.109%

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.