{"rows":[{"date":"2026-08-27","tenor":"7-Year","type":"Note","cusip":"91282CRJ2","reopening":false,"high_yield":4.512,"wi_yield":4.512,"tail_bps":0.0,"tail_desc":"on the screws","btc":2.5,"btc_avg":2.49,"indirect_pct":60.8,"direct_pct":27.0,"dealer_pct":12.3,"verdict":"IN LINE","hub_path":"/auctions/7-year-note","recap_path":"/news/auc-91282CRJ2-2026-08-27/7-year-note-auction-in-line","record":"desk","vs_12m":{"btc_avg":2.48,"btc_avg_n":12,"indirect_avg":63.84,"indirect_avg_n":12,"direct_avg":24.59,"direct_avg_n":12,"dealer_avg":11.57,"dealer_avg_n":12,"n":12},"pctile":{"btc":46,"n":50}},{"date":"2026-08-27","tenor":"8-Week","type":"Bill","cusip":"912797VN4","reopening":true,"high_yield":3.67,"wi_yield":null,"tail_bps":null,"tail_desc":null,"btc":2.77,"btc_avg":2.76,"indirect_pct":57.3,"direct_pct":3.4,"dealer_pct":39.3,"verdict":"IN LINE","hub_path":"/auctions/8-week-bill","recap_path":"/news/auc-912797VN4-2026-08-27/8-week-2-month-bill-auction-in-line","record":"desk","vs_12m":{"btc_avg":2.81,"btc_avg_n":12,"indirect_avg":61.65,"indirect_avg_n":12,"direct_avg":3.99,"direct_avg_n":12,"dealer_avg":34.37,"dealer_avg_n":12,"n":12},"pctile":{"btc":46,"n":214}},{"date":"2026-08-27","tenor":"4-Week","type":"Bill","cusip":"912797VE4","reopening":true,"high_yield":3.65,"wi_yield":null,"tail_bps":null,"tail_desc":null,"btc":2.73,"btc_avg":2.74,"indirect_pct":66.0,"direct_pct":2.5,"dealer_pct":31.5,"verdict":"IN LINE","hub_path":"/auctions/4-week-bill","recap_path":"/news/auc-912797VE4-2026-08-27/4-week-1-month-bill-auction-in-line","record":"desk","vs_12m":{"btc_avg":2.81,"btc_avg_n":12,"indirect_avg":62.15,"indirect_avg_n":12,"direct_avg":4.08,"direct_avg_n":12,"dealer_avg":33.76,"dealer_avg_n":12,"n":12},"pctile":{"btc":33,"n":214}},{"date":"2026-08-26","tenor":"5-Year","type":"Note","cusip":"91282CRK9","reopening":false,"high_yield":4.393,"wi_yield":4.391,"tail_bps":0.2,"tail_desc":"tailed 0.2bp","btc":2.37,"btc_avg":2.32,"indirect_pct":61.5,"direct_pct":28.4,"dealer_pct":10.0,"verdict":"IN LINE","hub_path":"/auctions/5-year-note","recap_path":"/news/auc-91282CRK9-2026-08-26/5-year-note-auction-in-line","record":"desk","vs_12m":{"btc_avg":2.37,"btc_avg_n":12,"indirect_avg":63.72,"indirect_avg_n":12,"direct_avg":24.65,"direct_avg_n":12,"dealer_avg":11.62,"dealer_avg_n":12,"n":12},"pctile":{"btc":39,"n":49}},{"date":"2026-08-26","tenor":"2-Year","type":"FRN","cusip":"91282CRD5","reopening":true,"high_yield":null,"wi_yield":null,"tail_bps":null,"tail_desc":null,"btc":3.14,"btc_avg":3.19,"indirect_pct":66.6,"direct_pct":0.4,"dealer_pct":33.1,"verdict":"IN LINE","hub_path":"/auctions/2-year-frn","recap_path":"/news/auc-91282CRD5-2026-08-26/2-year-frn-auction-in-line","record":"desk","vs_12m":{"btc_avg":3.26,"btc_avg_n":12,"indirect_avg":65.74,"indirect_avg_n":12,"direct_avg":0.49,"direct_avg_n":12,"dealer_avg":33.75,"dealer_avg_n":12,"n":12},"pctile":{"btc":61,"n":49}},{"date":"2026-08-26","tenor":"17-Week","type":"Bill","cusip":"912797WH6","reopening":false,"high_yield":3.75,"wi_yield":null,"tail_bps":null,"tail_desc":null,"btc":3.09,"btc_avg":3.14,"indirect_pct":60.3,"direct_pct":7.1,"dealer_pct":32.6,"verdict":"IN LINE","hub_path":"/auctions/17-week-bill","recap_path":"/news/auc-912797WH6-2026-08-26/17-week-4-month-bill-auction-in-line","record":"desk","vs_12m":{"btc_avg":3.03,"btc_avg_n":12,"indirect_avg":59.17,"indirect_avg_n":12,"direct_avg":5.67,"direct_avg_n":12,"dealer_avg":35.15,"dealer_avg_n":12,"n":12},"pctile":{"btc":60,"n":201}},{"date":"2026-08-25","tenor":"2-Year","type":"Note","cusip":"91282CRH6","reopening":false,"high_yield":4.204,"wi_yield":4.208,"tail_bps":-0.4,"tail_desc":"stopped through 0.4bp","btc":2.6,"btc_avg":2.61,"indirect_pct":66.0,"direct_pct":23.1,"dealer_pct":10.9,"verdict":"IN LINE","hub_path":"/auctions/2-year-note","recap_path":"/news/auc-91282CRH6-2026-08-25/2-year-note-auction-in-line","record":"desk","vs_12m":{"btc_avg":2.61,"btc_avg_n":12,"indirect_avg":56.38,"indirect_avg_n":12,"direct_avg":31.57,"direct_avg_n":12,"dealer_avg":12.06,"dealer_avg_n":12,"n":12},"pctile":{"btc":40,"n":48}},{"date":"2026-08-25","tenor":"6-Week","type":"Bill","cusip":"912797UJ4","reopening":true,"high_yield":3.65,"wi_yield":null,"tail_bps":null,"tail_desc":null,"btc":2.71,"btc_avg":2.9,"indirect_pct":65.2,"direct_pct":1.7,"dealer_pct":33.1,"verdict":"IN LINE","hub_path":"/auctions/6-week-bill","recap_path":"/news/auc-912797UJ4-2026-08-25/6-week-bill-auction-in-line","record":"desk","vs_12m":{"btc_avg":2.95,"btc_avg_n":12,"indirect_avg":66.99,"indirect_avg_n":12,"direct_avg":3.48,"direct_avg_n":12,"dealer_avg":29.53,"dealer_avg_n":12,"n":12},"pctile":{"btc":22,"n":79}},{"date":"2026-08-24","tenor":"26-Week","type":"Bill","cusip":"912797WC7","reopening":false,"high_yield":3.79,"wi_yield":null,"tail_bps":null,"tail_desc":null,"btc":3.05,"btc_avg":2.99,"indirect_pct":60.2,"direct_pct":11.2,"dealer_pct":28.6,"verdict":"IN LINE","hub_path":"/auctions/26-week-bill","recap_path":"/news/auc-912797WC7-2026-08-24/26-week-6-month-bill-auction-in-line","record":"desk","vs_12m":{"btc_avg":2.87,"btc_avg_n":12,"indirect_avg":59.22,"indirect_avg_n":12,"direct_avg":8.49,"direct_avg_n":12,"dealer_avg":32.28,"dealer_avg_n":12,"n":12},"pctile":{"btc":77,"n":213}},{"date":"2026-08-24","tenor":"13-Week","type":"Bill","cusip":"912797SU2","reopening":true,"high_yield":3.715,"wi_yield":null,"tail_bps":null,"tail_desc":null,"btc":3.08,"btc_avg":2.88,"indirect_pct":59.2,"direct_pct":8.0,"dealer_pct":32.9,"verdict":"IN LINE","hub_path":"/auctions/13-week-bill","recap_path":"/news/auc-912797SU2-2026-08-24/13-week-3-month-bill-auction-in-line","record":"desk","vs_12m":{"btc_avg":2.73,"btc_avg_n":12,"indirect_avg":54.24,"indirect_avg_n":12,"direct_avg":6.52,"direct_avg_n":12,"dealer_avg":39.24,"dealer_avg_n":12,"n":12},"pctile":{"btc":90,"n":213}},{"date":"2026-08-20","tenor":"30-Year","type":"TIPS","cusip":"912810US5","reopening":true,"high_yield":2.973,"wi_yield":null,"tail_bps":-1.8,"tail_desc":"stopped through 1.8bp","btc":2.82,"btc_avg":2.58,"indirect_pct":84.4,"direct_pct":13.4,"dealer_pct":2.1,"verdict":"STRONG","hub_path":"/auctions/30-year-tips","recap_path":"/news/auc-912810US5-2026-08-20/30-year-tips-auction-strong","record":"desk","vs_12m":{"btc_avg":2.57,"btc_avg_n":8,"indirect_avg":75.79,"indirect_avg_n":8,"direct_avg":17.31,"direct_avg_n":8,"dealer_avg":6.92,"dealer_avg_n":8,"n":8}},{"date":"2026-08-20","tenor":"8-Week","type":"Bill","cusip":"912797VM6","reopening":true,"high_yield":3.655,"wi_yield":null,"tail_bps":null,"tail_desc":null,"btc":3.06,"btc_avg":2.74,"indirect_pct":66.7,"direct_pct":2.7,"dealer_pct":30.7,"verdict":"STRONG","hub_path":"/auctions/8-week-bill","recap_path":"/news/auc-912797VM6-2026-08-20/8-week-2-month-bill-auction-strong","record":"desk","vs_12m":{"btc_avg":2.81,"btc_avg_n":12,"indirect_avg":61.48,"indirect_avg_n":12,"direct_avg":4.02,"direct_avg_n":12,"dealer_avg":34.49,"dealer_avg_n":12,"n":12},"pctile":{"btc":92,"n":213}},{"date":"2026-08-20","tenor":"4-Week","type":"Bill","cusip":"912797VD6","reopening":true,"high_yield":3.64,"wi_yield":null,"tail_bps":null,"tail_desc":null,"btc":2.84,"btc_avg":2.71,"indirect_pct":65.5,"direct_pct":3.3,"dealer_pct":31.3,"verdict":"IN LINE","hub_path":"/auctions/4-week-bill","recap_path":"/news/auc-912797VD6-2026-08-20/4-week-1-month-bill-auction-in-line","record":"desk","vs_12m":{"btc_avg":2.8,"btc_avg_n":12,"indirect_avg":61.2,"indirect_avg_n":12,"direct_avg":4.3,"direct_avg_n":12,"dealer_avg":34.48,"dealer_avg_n":12,"n":12},"pctile":{"btc":58,"n":213}},{"date":"2026-08-19","tenor":"20-Year","type":"Bond","cusip":"912810UX4","reopening":false,"high_yield":5.204,"wi_yield":5.199,"tail_bps":0.5,"tail_desc":"tailed 0.5bp","btc":2.53,"btc_avg":2.62,"indirect_pct":62.9,"direct_pct":24.6,"dealer_pct":12.5,"verdict":"IN LINE","hub_path":"/auctions/20-year-bond","recap_path":"/news/auc-912810UX4-2026-08-19/20-year-bond-auction-in-line","record":"desk","vs_12m":{"btc_avg":2.64,"btc_avg_n":12,"indirect_avg":64.87,"indirect_avg_n":12,"direct_avg":24.32,"direct_avg_n":12,"dealer_avg":10.82,"dealer_avg_n":12,"n":12},"pctile":{"btc":27,"n":48}},{"date":"2026-08-19","tenor":"17-Week","type":"Bill","cusip":"912797WG8","reopening":false,"high_yield":3.75,"wi_yield":null,"tail_bps":null,"tail_desc":null,"btc":3.35,"btc_avg":3.15,"indirect_pct":60.8,"direct_pct":6.3,"dealer_pct":32.9,"verdict":"IN LINE","hub_path":"/auctions/17-week-bill","recap_path":"/news/auc-912797WG8-2026-08-19/17-week-4-month-bill-auction-in-line","record":"desk","vs_12m":{"btc_avg":3.0,"btc_avg_n":12,"indirect_avg":58.79,"indirect_avg_n":12,"direct_avg":5.53,"direct_avg_n":12,"dealer_avg":35.67,"dealer_avg_n":12,"n":12},"pctile":{"btc":94,"n":200}},{"date":"2026-08-18","tenor":"6-Week","type":"Bill","cusip":"912797SA6","reopening":true,"high_yield":3.645,"wi_yield":null,"tail_bps":null,"tail_desc":null,"btc":2.97,"btc_avg":2.86,"indirect_pct":65.5,"direct_pct":4.7,"dealer_pct":29.7,"verdict":"IN LINE","hub_path":"/auctions/6-week-bill","recap_path":"/news/auc-912797SA6-2026-08-18/6-week-bill-auction-in-line","record":"desk","vs_12m":{"btc_avg":2.93,"btc_avg_n":12,"indirect_avg":65.64,"indirect_avg_n":12,"direct_avg":3.57,"direct_avg_n":12,"dealer_avg":30.82,"dealer_avg_n":12,"n":12},"pctile":{"btc":76,"n":78}},{"date":"2026-08-17","tenor":"26-Week","type":"Bill","cusip":"912797TV9","reopening":true,"high_yield":3.78,"wi_yield":null,"tail_bps":null,"tail_desc":null,"btc":2.97,"btc_avg":3.01,"indirect_pct":64.9,"direct_pct":10.5,"dealer_pct":24.6,"verdict":"IN LINE","hub_path":"/auctions/26-week-bill","recap_path":"/news/auc-912797TV9-2026-08-17/26-week-6-month-bill-auction-in-line","record":"desk","vs_12m":{"btc_avg":2.85,"btc_avg_n":12,"indirect_avg":58.59,"indirect_avg_n":12,"direct_avg":8.32,"direct_avg_n":12,"dealer_avg":33.08,"dealer_avg_n":12,"n":12},"pctile":{"btc":59,"n":212}},{"date":"2026-08-17","tenor":"13-Week","type":"Bill","cusip":"912797UZ8","reopening":true,"high_yield":3.715,"wi_yield":null,"tail_bps":null,"tail_desc":null,"btc":2.86,"btc_avg":2.83,"indirect_pct":53.8,"direct_pct":6.8,"dealer_pct":39.4,"verdict":"IN LINE","hub_path":"/auctions/13-week-bill","recap_path":"/news/auc-912797UZ8-2026-08-17/13-week-3-month-bill-auction-in-line","record":"desk","vs_12m":{"btc_avg":2.75,"btc_avg_n":12,"indirect_avg":54.78,"indirect_avg_n":12,"direct_avg":6.53,"direct_avg_n":12,"dealer_avg":38.69,"dealer_avg_n":12,"n":12},"pctile":{"btc":59,"n":212}},{"date":"2026-08-13","tenor":"30-Year","type":"Bond","cusip":"912810UW6","reopening":false,"high_yield":5.216,"wi_yield":5.212,"tail_bps":0.4,"tail_desc":"tailed 0.4bp (avg -0.2bp)","btc":2.39,"btc_avg":2.43,"indirect_pct":66.8,"direct_pct":21.6,"dealer_pct":11.5,"verdict":"WEAK","hub_path":"/auctions/30-year-bond","recap_path":"/news/auc-912810UW6-2026-08-13/30-year-bond-auction-weak","record":"desk","vs_12m":{"btc_avg":2.39,"btc_avg_n":12,"indirect_avg":65.91,"indirect_avg_n":12,"direct_avg":22.67,"direct_avg_n":12,"dealer_avg":11.44,"dealer_avg_n":12,"n":12},"pctile":{"btc":54,"n":48}},{"date":"2026-08-13","tenor":"8-Week","type":"Bill","cusip":"912797VL8","reopening":true,"high_yield":3.665,"wi_yield":null,"tail_bps":null,"tail_desc":null,"btc":2.85,"btc_avg":2.71,"indirect_pct":56.5,"direct_pct":6.1,"dealer_pct":37.4,"verdict":"IN LINE","hub_path":"/auctions/8-week-bill","recap_path":"/news/auc-912797VL8-2026-08-13/8-week-2-month-bill-auction-in-line","record":"desk","vs_12m":{"btc_avg":2.8,"btc_avg_n":12,"indirect_avg":62.48,"indirect_avg_n":12,"direct_avg":3.83,"direct_avg_n":12,"dealer_avg":33.69,"dealer_avg_n":12,"n":12},"pctile":{"btc":62,"n":212}},{"date":"2026-08-13","tenor":"4-Week","type":"Bill","cusip":"912797VC8","reopening":true,"high_yield":3.625,"wi_yield":null,"tail_bps":null,"tail_desc":null,"btc":2.77,"btc_avg":2.7,"indirect_pct":57.1,"direct_pct":7.9,"dealer_pct":35.0,"verdict":"IN LINE","hub_path":"/auctions/4-week-bill","recap_path":"/news/auc-912797VC8-2026-08-13/4-week-1-month-bill-auction-in-line","record":"desk","vs_12m":{"btc_avg":2.79,"btc_avg_n":12,"indirect_avg":61.53,"indirect_avg_n":12,"direct_avg":3.95,"direct_avg_n":12,"dealer_avg":34.5,"dealer_avg_n":12,"n":12},"pctile":{"btc":43,"n":212}},{"date":"2026-08-12","tenor":"10-Year","type":"Note","cusip":"91282CRF0","reopening":false,"high_yield":4.683,"wi_yield":4.682,"tail_bps":0.1,"tail_desc":"on the screws (avg +0.3bp)","btc":2.53,"btc_avg":2.47,"indirect_pct":76.7,"direct_pct":14.7,"dealer_pct":8.6,"verdict":"IN LINE","hub_path":"/auctions/10-year-note","recap_path":"/news/auc-91282CRF0-2026-08-12/10-year-note-auction-in-line","record":"desk","vs_12m":{"btc_avg":2.48,"btc_avg_n":12,"indirect_avg":70.83,"indirect_avg_n":12,"direct_avg":19.65,"direct_avg_n":12,"dealer_avg":9.54,"dealer_avg_n":12,"n":12},"pctile":{"btc":63,"n":49}},{"date":"2026-08-12","tenor":"17-Week","type":"Bill","cusip":"912797WF0","reopening":false,"high_yield":3.755,"wi_yield":null,"tail_bps":null,"tail_desc":null,"btc":3.16,"btc_avg":3.07,"indirect_pct":62.3,"direct_pct":6.6,"dealer_pct":31.1,"verdict":"IN LINE","hub_path":"/auctions/17-week-bill","recap_path":"/news/auc-912797WF0-2026-08-12/17-week-4-month-bill-auction-in-line","record":"desk","vs_12m":{"btc_avg":3.02,"btc_avg_n":12,"indirect_avg":58.52,"indirect_avg_n":12,"direct_avg":5.58,"direct_avg_n":12,"dealer_avg":35.89,"dealer_avg_n":12,"n":12},"pctile":{"btc":72,"n":199}},{"date":"2026-08-11","tenor":"3-Year","type":"Note","cusip":"91282CRG8","reopening":false,"high_yield":4.291,"wi_yield":4.296,"tail_bps":-0.5,"tail_desc":"stopped through 0.5bp (avg +0.0bp)","btc":2.71,"btc_avg":2.6,"indirect_pct":64.2,"direct_pct":24.0,"dealer_pct":11.7,"verdict":"STRONG","hub_path":"/auctions/3-year-note","recap_path":"/news/auc-91282CRG8-2026-08-11/3-year-note-auction-strong","record":"desk","vs_12m":{"btc_avg":2.64,"btc_avg_n":12,"indirect_avg":64.02,"indirect_avg_n":12,"direct_avg":23.19,"direct_avg_n":12,"dealer_avg":12.78,"dealer_avg_n":12,"n":12},"pctile":{"btc":81,"n":48}},{"date":"2026-08-11","tenor":"6-Week","type":"Bill","cusip":"912797UH8","reopening":true,"high_yield":3.67,"wi_yield":null,"tail_bps":null,"tail_desc":null,"btc":2.93,"btc_avg":2.82,"indirect_pct":71.3,"direct_pct":3.2,"dealer_pct":25.6,"verdict":"IN LINE","hub_path":"/auctions/6-week-bill","recap_path":"/news/auc-912797UH8-2026-08-11/6-week-bill-auction-in-line","record":"desk","vs_12m":{"btc_avg":2.94,"btc_avg_n":12,"indirect_avg":64.42,"indirect_avg_n":12,"direct_avg":3.93,"direct_avg_n":12,"dealer_avg":31.66,"dealer_avg_n":12,"n":12},"pctile":{"btc":68,"n":77}}],"n":1772,"tenors":["1-Day","10-Year","119-Day","12-Day","13-Week","14-Day","149-Day","154-Day","156-Day","16-Day","161-Day","17-Day","17-Week","2-Day","2-Year","20-Year","21-Day","26-Week","27-Day","3-Day","3-Year","30-Day","30-Year","33-Day","35-Day","38-Day","4-Day","4-Week","40-Day","41-Day","42-Day","43-Day","44-Day","5-Year","52-Week","6-Week","7-Day","7-Year","77-Day","8-Week"],"with_tail":15,"coupons":347,"coverage_start":"2022-07-21","updated":"2026-08-27","rows_returned":25,"note":"Recent rows only - the free sample. Full history and live data come through the Helious API: https://helious.io/developers (REST, free key) or MCP at https://api.helious.io/mcp"}