Treasury note

91282CKX8 · 4.25% due June 30, 2029

Original term
5-Year
Maturity
Jun 30, 2029
Coupon
4.250%
Pays
Semi-Annual
Dated
Jun 30, 2024
First coupon
Dec 31, 2024
Priced through
Nov 9, 2026
Analyzed through
Nov 9, 2026

Statement of October 31, 2026

Amount outstanding
$72.15bn
Held stripped
$69.6m
Share stripped
0.10%

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
4.591%
Modified duration
2.430 yr
DV01
0.0245
Convexity
0.0734
Dirty price
100.692

Where its rate sensitivity sits

<.01
0.01
0.03
0.92
1.51
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 2.483 years against a modified duration of 2.430.

Against the fitted curve

Priced 2.2 bp rich to the curve on that day, 5.40 cents per 100 of face.

That is -1.30 standard deviations from its own typical residual.

Yield to maturity, 590 observations

3.25%3.50%3.75%4.00%4.25%4.50%4.75%5.00%Jul 1, 2024Nov 9, 2026Jul 1, 2024Yield to maturity4.440%Jul 5, 2024Yield to maturity4.222%Jul 10, 2024Yield to maturity4.243%Jul 15, 2024Yield to maturity4.130%Jul 18, 2024Yield to maturity4.116%Jul 23, 2024Yield to maturity4.150%Jul 26, 2024Yield to maturity4.087%Jul 31, 2024Yield to maturity3.974%Aug 5, 2024Yield to maturity3.632%Aug 8, 2024Yield to maturity3.846%Aug 13, 2024Yield to maturity3.691%Aug 16, 2024Yield to maturity3.774%Aug 21, 2024Yield to maturity3.661%Aug 26, 2024Yield to maturity3.674%Aug 29, 2024Yield to maturity3.701%Sep 4, 2024Yield to maturity3.587%Sep 9, 2024Yield to maturity3.508%Sep 12, 2024Yield to maturity3.486%Sep 17, 2024Yield to maturity3.456%Sep 20, 2024Yield to maturity3.496%Sep 25, 2024Yield to maturity3.537%Sep 30, 2024Yield to maturity3.592%Oct 3, 2024Yield to maturity3.634%Oct 8, 2024Yield to maturity3.876%Oct 11, 2024Yield to maturity3.890%Oct 17, 2024Yield to maturity3.911%Oct 22, 2024Yield to maturity4.013%Oct 25, 2024Yield to maturity4.078%Oct 30, 2024Yield to maturity4.152%Nov 4, 2024Yield to maturity4.174%Nov 7, 2024Yield to maturity4.182%Nov 13, 2024Yield to maturity4.309%Nov 18, 2024Yield to maturity4.294%Nov 21, 2024Yield to maturity4.317%Nov 26, 2024Yield to maturity4.211%Dec 2, 2024Yield to maturity4.106%Dec 5, 2024Yield to maturity4.098%Dec 10, 2024Yield to maturity4.113%Dec 13, 2024Yield to maturity4.273%Dec 18, 2024Yield to maturity4.411%Dec 23, 2024Yield to maturity4.450%Dec 27, 2024Yield to maturity4.459%Jan 2, 2025Yield to maturity4.374%Jan 7, 2025Yield to maturity4.452%Jan 10, 2025Yield to maturity4.586%Jan 15, 2025Yield to maturity4.445%Jan 21, 2025Yield to maturity4.398%Jan 24, 2025Yield to maturity4.422%Jan 29, 2025Yield to maturity4.343%Feb 3, 2025Yield to maturity4.351%Feb 6, 2025Yield to maturity4.281%Feb 11, 2025Yield to maturity4.376%Feb 14, 2025Yield to maturity4.336%Feb 20, 2025Yield to maturity4.336%Feb 25, 2025Yield to maturity4.122%Feb 28, 2025Yield to maturity4.034%Mar 5, 2025Yield to maturity4.074%Mar 10, 2025Yield to maturity3.970%Mar 13, 2025Yield to maturity4.017%Mar 18, 2025Yield to maturity4.072%Mar 21, 2025Yield to maturity3.992%Mar 26, 2025Yield to maturity4.071%Mar 31, 2025Yield to maturity3.942%Apr 3, 2025Yield to maturity3.734%Apr 8, 2025Yield to maturity3.845%Apr 11, 2025Yield to maturity4.126%Apr 16, 2025Yield to maturity3.875%Apr 22, 2025Yield to maturity3.930%Apr 25, 2025Yield to maturity3.848%Apr 30, 2025Yield to maturity3.678%May 5, 2025Yield to maturity3.903%May 8, 2025Yield to maturity3.968%May 13, 2025Yield to maturity4.099%May 16, 2025Yield to maturity4.033%May 21, 2025Yield to maturity4.099%May 27, 2025Yield to maturity3.990%May 30, 2025Yield to maturity3.940%Jun 4, 2025Yield to maturity3.897%Jun 9, 2025Yield to maturity4.064%Jun 12, 2025Yield to maturity3.929%Jun 17, 2025Yield to maturity3.954%Jun 23, 2025Yield to maturity3.860%Jun 26, 2025Yield to maturity3.750%Jul 1, 2025Yield to maturity3.799%Jul 7, 2025Yield to maturity3.916%Jul 10, 2025Yield to maturity3.890%Jul 15, 2025Yield to maturity4.000%Jul 18, 2025Yield to maturity3.904%Jul 23, 2025Yield to maturity3.886%Jul 28, 2025Yield to maturity3.920%Jul 31, 2025Yield to maturity3.919%Aug 5, 2025Yield to maturity3.719%Aug 8, 2025Yield to maturity3.787%Aug 13, 2025Yield to maturity3.717%Aug 18, 2025Yield to maturity3.793%Aug 21, 2025Yield to maturity3.801%Aug 26, 2025Yield to maturity3.677%Aug 29, 2025Yield to maturity3.631%Sep 4, 2025Yield to maturity3.595%Sep 9, 2025Yield to maturity3.549%Sep 12, 2025Yield to maturity3.582%Sep 17, 2025Yield to maturity3.563%Sep 22, 2025Yield to maturity3.640%Sep 25, 2025Yield to maturity3.710%Sep 30, 2025Yield to maturity3.672%Oct 3, 2025Yield to maturity3.644%Oct 8, 2025Yield to maturity3.660%Oct 14, 2025Yield to maturity3.533%Oct 17, 2025Yield to maturity3.521%Oct 22, 2025Yield to maturity3.493%Oct 27, 2025Yield to maturity3.553%Oct 30, 2025Yield to maturity3.661%Nov 4, 2025Yield to maturity3.631%Nov 7, 2025Yield to maturity3.611%Nov 13, 2025Yield to maturity3.637%Nov 18, 2025Yield to maturity3.626%Nov 21, 2025Yield to maturity3.541%Nov 26, 2025Yield to maturity3.502%Dec 2, 2025Yield to maturity3.573%Dec 5, 2025Yield to maturity3.627%Dec 10, 2025Yield to maturity3.626%Dec 15, 2025Yield to maturity3.614%Dec 18, 2025Yield to maturity3.547%Dec 23, 2025Yield to maturity3.630%Dec 29, 2025Yield to maturity3.561%Jan 2, 2026Yield to maturity3.605%Jan 7, 2026Yield to maturity3.566%Jan 12, 2026Yield to maturity3.640%Jan 15, 2026Yield to maturity3.657%Jan 21, 2026Yield to maturity3.703%Jan 26, 2026Yield to maturity3.701%Jan 29, 2026Yield to maturity3.670%Feb 3, 2026Yield to maturity3.687%Feb 6, 2026Yield to maturity3.617%Feb 11, 2026Yield to maturity3.605%Feb 17, 2026Yield to maturity3.504%Feb 20, 2026Yield to maturity3.531%Feb 25, 2026Yield to maturity3.509%Mar 2, 2026Yield to maturity3.516%Mar 5, 2026Yield to maturity3.624%Mar 10, 2026Yield to maturity3.622%Mar 13, 2026Yield to maturity3.780%Mar 18, 2026Yield to maturity3.789%Mar 23, 2026Yield to maturity3.879%Mar 26, 2026Yield to maturity4.021%Mar 31, 2026Yield to maturity3.825%Apr 3, 2026Yield to maturity3.896%Apr 8, 2026Yield to maturity3.822%Apr 13, 2026Yield to maturity3.810%Apr 16, 2026Yield to maturity3.809%Apr 21, 2026Yield to maturity3.808%Apr 24, 2026Yield to maturity3.816%Apr 29, 2026Yield to maturity3.962%May 4, 2026Yield to maturity3.993%May 7, 2026Yield to maturity3.961%May 12, 2026Yield to maturity4.034%May 15, 2026Yield to maturity4.162%May 20, 2026Yield to maturity4.130%May 26, 2026Yield to maturity4.119%May 29, 2026Yield to maturity4.075%Jun 3, 2026Yield to maturity4.151%Jun 8, 2026Yield to maturity4.227%Jun 11, 2026Yield to maturity4.117%Jun 16, 2026Yield to maturity4.095%Jun 22, 2026Yield to maturity4.272%Jun 25, 2026Yield to maturity4.138%Jun 30, 2026Yield to maturity4.160%Jul 6, 2026Yield to maturity4.160%Jul 9, 2026Yield to maturity4.204%Jul 14, 2026Yield to maturity4.238%Jul 17, 2026Yield to maturity4.215%Jul 22, 2026Yield to maturity4.352%Jul 27, 2026Yield to maturity4.364%Jul 30, 2026Yield to maturity4.306%Aug 4, 2026Yield to maturity4.260%Aug 7, 2026Yield to maturity4.260%Aug 12, 2026Yield to maturity4.272%Aug 17, 2026Yield to maturity4.260%Aug 20, 2026Yield to maturity4.260%Aug 25, 2026Yield to maturity4.260%Aug 28, 2026Yield to maturity4.414%Sep 2, 2026Yield to maturity4.450%Sep 8, 2026Yield to maturity4.463%Sep 11, 2026Yield to maturity4.706%Sep 16, 2026Yield to maturity4.805%Sep 21, 2026Yield to maturity4.808%Sep 24, 2026Yield to maturity4.982%Sep 29, 2026Yield to maturity4.986%Oct 2, 2026Yield to maturity4.951%Oct 7, 2026Yield to maturity4.891%Oct 13, 2026Yield to maturity4.895%Oct 16, 2026Yield to maturity4.810%Oct 21, 2026Yield to maturity4.874%Oct 26, 2026Yield to maturity4.776%Oct 29, 2026Yield to maturity4.714%Nov 3, 2026Yield to maturity4.665%Nov 6, 2026Yield to maturity4.565%Nov 9, 2026Yield to maturity4.591%

Price history

590 trading days to Nov 9, 2026

9899100101102103104Jul 1, 2024Nov 9, 2026Jul 1, 2024Close99.156Jul 5, 2024Close100.125Jul 10, 2024Close100.031Jul 15, 2024Close100.531Jul 18, 2024Close100.594Jul 23, 2024Close100.438Jul 26, 2024Close100.719Jul 31, 2024Close101.219Aug 5, 2024Close102.750Aug 8, 2024Close101.781Aug 13, 2024Close102.469Aug 16, 2024Close102.094Aug 21, 2024Close102.594Aug 26, 2024Close102.531Aug 29, 2024Close102.406Sep 4, 2024Close102.906Sep 9, 2024Close103.250Sep 12, 2024Close103.344Sep 17, 2024Close103.469Sep 20, 2024Close103.281Sep 25, 2024Close103.094Sep 30, 2024Close102.844Oct 3, 2024Close102.656Oct 8, 2024Close101.594Oct 11, 2024Close101.531Oct 17, 2024Close101.438Oct 22, 2024Close101.000Oct 25, 2024Close100.719Oct 30, 2024Close100.406Nov 4, 2024Close100.313Nov 7, 2024Close100.281Nov 13, 2024Close99.750Nov 18, 2024Close99.813Nov 21, 2024Close99.719Nov 26, 2024Close100.156Dec 2, 2024Close100.594Dec 5, 2024Close100.625Dec 10, 2024Close100.563Dec 13, 2024Close99.906Dec 18, 2024Close99.344Dec 23, 2024Close99.188Dec 27, 2024Close99.156Jan 2, 2025Close99.500Jan 7, 2025Close99.188Jan 10, 2025Close98.656Jan 15, 2025Close99.219Jan 21, 2025Close99.406Jan 24, 2025Close99.313Jan 29, 2025Close99.625Feb 3, 2025Close99.594Feb 6, 2025Close99.875Feb 11, 2025Close99.500Feb 14, 2025Close99.656Feb 20, 2025Close99.656Feb 25, 2025Close100.500Feb 28, 2025Close100.844Mar 5, 2025Close100.688Mar 10, 2025Close101.094Mar 13, 2025Close100.906Mar 18, 2025Close100.688Mar 21, 2025Close101.000Mar 26, 2025Close100.688Mar 31, 2025Close101.188Apr 3, 2025Close102.000Apr 8, 2025Close101.563Apr 11, 2025Close100.469Apr 16, 2025Close101.438Apr 22, 2025Close101.219Apr 25, 2025Close101.531Apr 30, 2025Close102.188May 5, 2025Close101.313May 8, 2025Close101.063May 13, 2025Close100.563May 16, 2025Close100.813May 21, 2025Close100.563May 27, 2025Close100.969May 30, 2025Close101.156Jun 4, 2025Close101.313Jun 9, 2025Close100.688Jun 12, 2025Close101.188Jun 17, 2025Close101.094Jun 23, 2025Close101.438Jun 26, 2025Close101.844Jul 1, 2025Close101.656Jul 7, 2025Close101.219Jul 10, 2025Close101.313Jul 15, 2025Close100.906Jul 18, 2025Close101.250Jul 23, 2025Close101.313Jul 28, 2025Close101.188Jul 31, 2025Close101.188Aug 5, 2025Close101.906Aug 8, 2025Close101.656Aug 13, 2025Close101.906Aug 18, 2025Close101.625Aug 21, 2025Close101.594Aug 26, 2025Close102.031Aug 29, 2025Close102.188Sep 4, 2025Close102.313Sep 9, 2025Close102.469Sep 12, 2025Close102.344Sep 17, 2025Close102.406Sep 22, 2025Close102.125Sep 25, 2025Close101.875Sep 30, 2025Close102.000Oct 3, 2025Close102.094Oct 8, 2025Close102.031Oct 14, 2025Close102.469Oct 17, 2025Close102.500Oct 22, 2025Close102.594Oct 27, 2025Close102.375Oct 30, 2025Close102.000Nov 4, 2025Close102.094Nov 7, 2025Close102.156Nov 13, 2025Close102.063Nov 18, 2025Close102.094Nov 21, 2025Close102.375Nov 26, 2025Close102.500Dec 2, 2025Close102.250Dec 5, 2025Close102.063Dec 10, 2025Close102.063Dec 15, 2025Close102.094Dec 18, 2025Close102.313Dec 23, 2025Close102.031Dec 29, 2025Close102.250Jan 2, 2026Close102.094Jan 7, 2026Close102.219Jan 12, 2026Close101.969Jan 15, 2026Close101.906Jan 21, 2026Close101.750Jan 26, 2026Close101.750Jan 29, 2026Close101.844Feb 3, 2026Close101.781Feb 6, 2026Close102.000Feb 11, 2026Close102.031Feb 17, 2026Close102.344Feb 20, 2026Close102.250Feb 25, 2026Close102.313Mar 2, 2026Close102.281Mar 5, 2026Close101.938Mar 10, 2026Close101.938Mar 13, 2026Close101.438Mar 18, 2026Close101.406Mar 23, 2026Close101.125Mar 26, 2026Close100.688Mar 31, 2026Close101.281Apr 3, 2026Close101.063Apr 8, 2026Close101.281Apr 13, 2026Close101.313Apr 16, 2026Close101.313Apr 21, 2026Close101.313Apr 24, 2026Close101.281Apr 29, 2026Close100.844May 4, 2026Close100.750May 7, 2026Close100.844May 12, 2026Close100.625May 15, 2026Close100.250May 20, 2026Close100.344May 26, 2026Close100.375May 29, 2026Close100.500Jun 3, 2026Close100.281Jun 8, 2026Close100.063Jun 11, 2026Close100.375Jun 16, 2026Close100.438Jun 22, 2026Close99.938Jun 25, 2026Close100.313Jun 30, 2026Close100.250Jul 6, 2026Close100.250Jul 9, 2026Close100.125Jul 14, 2026Close100.031Jul 17, 2026Close100.094Jul 22, 2026Close99.719Jul 27, 2026Close99.688Jul 30, 2026Close99.844Aug 4, 2026Close99.969Aug 7, 2026Close99.969Aug 12, 2026Close99.938Aug 17, 2026Close99.969Aug 20, 2026Close99.969Aug 25, 2026Close99.969Aug 28, 2026Close99.563Sep 2, 2026Close99.469Sep 8, 2026Close99.438Sep 11, 2026Close98.813Sep 16, 2026Close98.563Sep 21, 2026Close98.563Sep 24, 2026Close98.125Sep 29, 2026Close98.125Oct 2, 2026Close98.219Oct 7, 2026Close98.375Oct 13, 2026Close98.375Oct 16, 2026Close98.594Oct 21, 2026Close98.438Oct 26, 2026Close98.688Oct 29, 2026Close98.844Nov 3, 2026Close98.969Nov 6, 2026Close99.219Nov 9, 2026Close99.156
The most recent 20 trading days of prices for 91282CKX8.
DateBidOfferClose
Nov 9, 202699.12599.14199.156
Nov 6, 202699.21999.23499.219
Nov 5, 202699.21999.23499.344
Nov 4, 202699.03199.04799.063
Nov 3, 202699.00099.01698.969
Nov 2, 202699.06399.07899.031
Oct 30, 202698.93898.95399.031
Oct 29, 202698.87598.89198.844
Oct 28, 202698.56398.57898.656
Oct 27, 202698.68898.70398.656
Oct 26, 202698.71998.73498.688
Oct 23, 202698.75098.76698.781
Oct 22, 202698.71998.73498.844
Oct 21, 202698.50098.51698.438
Oct 20, 202698.53198.54798.469
Oct 19, 202698.50098.53198.500
Oct 16, 202698.62598.64198.594
Oct 15, 202698.50098.51698.531
Oct 14, 202698.21998.23498.344
Oct 13, 202698.34498.35998.375

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 91282CKX8.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Jun 26, 2024Jul 1, 2024New issue$70.0bn$72.4bn2.35x4.331%

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.