Treasury note

91282CDJ7 · 1.375% due November 15, 2031

Original term
10-Year
Maturity
Nov 15, 2031
Coupon
1.375%
Pays
Semi-Annual
Dated
Nov 15, 2021
First coupon
May 15, 2022
Priced through
Sep 9, 2026
Analyzed through
Sep 9, 2026

Statement of August 31, 2026

Amount outstanding
$144.57bn
Held stripped
$80.5m
Share stripped
0.06%

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, September 9, 2026

Yield to maturity
4.646%
Modified duration
4.861 yr
DV01
0.0416
Convexity
26.668
Dirty price
85.535

Where its rate sensitivity sits

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 7 of twelve buckets, summing to 4.975 years against a modified duration of 4.861.

Against the fitted curve

Priced 1.5 bp cheap to the curve on that day, 6.04 cents per 100 of face.

That is 0.39 standard deviations from its own typical residual.

Yield to maturity, 1,206 observations

1%2%3%4%5%Nov 15, 2021Sep 9, 2026Nov 15, 2021Yield to maturity1.627%Nov 23, 2021Yield to maturity1.665%Dec 2, 2021Yield to maturity1.443%Dec 10, 2021Yield to maturity1.484%Dec 20, 2021Yield to maturity1.422%Dec 29, 2021Yield to maturity1.546%Jan 6, 2022Yield to maturity1.728%Jan 14, 2022Yield to maturity1.779%Jan 25, 2022Yield to maturity1.776%Feb 2, 2022Yield to maturity1.780%Feb 10, 2022Yield to maturity2.038%Feb 18, 2022Yield to maturity1.934%Mar 1, 2022Yield to maturity1.719%Mar 9, 2022Yield to maturity1.937%Mar 17, 2022Yield to maturity2.205%Mar 25, 2022Yield to maturity2.486%Apr 4, 2022Yield to maturity2.427%Apr 12, 2022Yield to maturity2.727%Apr 21, 2022Yield to maturity2.912%Apr 29, 2022Yield to maturity2.900%May 9, 2022Yield to maturity3.047%May 17, 2022Yield to maturity2.984%May 25, 2022Yield to maturity2.751%Jun 3, 2022Yield to maturity2.960%Jun 13, 2022Yield to maturity3.445%Jun 22, 2022Yield to maturity3.163%Jun 30, 2022Yield to maturity2.983%Jul 11, 2022Yield to maturity2.992%Jul 19, 2022Yield to maturity3.012%Jul 27, 2022Yield to maturity2.771%Aug 4, 2022Yield to maturity2.664%Aug 12, 2022Yield to maturity2.844%Aug 22, 2022Yield to maturity3.040%Aug 30, 2022Yield to maturity3.125%Sep 8, 2022Yield to maturity3.306%Sep 16, 2022Yield to maturity3.461%Sep 26, 2022Yield to maturity3.910%Oct 4, 2022Yield to maturity3.636%Oct 13, 2022Yield to maturity3.987%Oct 21, 2022Yield to maturity4.212%Oct 31, 2022Yield to maturity4.095%Nov 8, 2022Yield to maturity4.130%Nov 17, 2022Yield to maturity3.775%Nov 28, 2022Yield to maturity3.695%Dec 6, 2022Yield to maturity3.518%Dec 14, 2022Yield to maturity3.486%Dec 22, 2022Yield to maturity3.670%Jan 3, 2023Yield to maturity3.780%Jan 11, 2023Yield to maturity3.517%Jan 20, 2023Yield to maturity3.451%Jan 30, 2023Yield to maturity3.515%Feb 7, 2023Yield to maturity3.659%Feb 15, 2023Yield to maturity3.811%Feb 24, 2023Yield to maturity3.967%Mar 6, 2023Yield to maturity3.997%Mar 14, 2023Yield to maturity3.637%Mar 22, 2023Yield to maturity3.488%Mar 30, 2023Yield to maturity3.549%Apr 7, 2023Yield to maturity3.393%Apr 17, 2023Yield to maturity3.584%Apr 25, 2023Yield to maturity3.375%May 3, 2023Yield to maturity3.343%May 11, 2023Yield to maturity3.357%May 19, 2023Yield to maturity3.689%May 30, 2023Yield to maturity3.709%Jun 7, 2023Yield to maturity3.812%Jun 15, 2023Yield to maturity3.740%Jun 26, 2023Yield to maturity3.743%Jul 5, 2023Yield to maturity3.981%Jul 13, 2023Yield to maturity3.770%Jul 21, 2023Yield to maturity3.866%Jul 31, 2023Yield to maturity3.987%Aug 8, 2023Yield to maturity4.003%Aug 16, 2023Yield to maturity4.295%Aug 24, 2023Yield to maturity4.256%Sep 1, 2023Yield to maturity4.199%Sep 12, 2023Yield to maturity4.288%Sep 20, 2023Yield to maturity4.379%Sep 28, 2023Yield to maturity4.609%Oct 6, 2023Yield to maturity4.782%Oct 17, 2023Yield to maturity4.845%Oct 25, 2023Yield to maturity4.959%Nov 2, 2023Yield to maturity4.672%Nov 10, 2023Yield to maturity4.651%Nov 20, 2023Yield to maturity4.444%Nov 29, 2023Yield to maturity4.278%Dec 7, 2023Yield to maturity4.143%Dec 15, 2023Yield to maturity3.929%Dec 26, 2023Yield to maturity3.911%Jan 4, 2024Yield to maturity4.001%Jan 12, 2024Yield to maturity3.933%Jan 23, 2024Yield to maturity4.123%Jan 31, 2024Yield to maturity3.957%Feb 8, 2024Yield to maturity4.170%Feb 16, 2024Yield to maturity4.314%Feb 27, 2024Yield to maturity4.333%Mar 6, 2024Yield to maturity4.120%Mar 14, 2024Yield to maturity4.300%Mar 22, 2024Yield to maturity4.213%Apr 1, 2024Yield to maturity4.329%Apr 9, 2024Yield to maturity4.376%Apr 17, 2024Yield to maturity4.607%Apr 25, 2024Yield to maturity4.723%May 3, 2024Yield to maturity4.492%May 13, 2024Yield to maturity4.490%May 21, 2024Yield to maturity4.415%May 30, 2024Yield to maturity4.570%Jun 7, 2024Yield to maturity4.446%Jun 17, 2024Yield to maturity4.281%Jun 26, 2024Yield to maturity4.329%Jul 5, 2024Yield to maturity4.245%Jul 15, 2024Yield to maturity4.192%Jul 23, 2024Yield to maturity4.206%Jul 31, 2024Yield to maturity4.024%Aug 8, 2024Yield to maturity3.938%Aug 16, 2024Yield to maturity3.843%Aug 26, 2024Yield to maturity3.746%Sep 4, 2024Yield to maturity3.677%Sep 12, 2024Yield to maturity3.586%Sep 20, 2024Yield to maturity3.616%Sep 30, 2024Yield to maturity3.699%Oct 8, 2024Yield to maturity3.956%Oct 17, 2024Yield to maturity4.010%Oct 25, 2024Yield to maturity4.173%Nov 4, 2024Yield to maturity4.262%Nov 13, 2024Yield to maturity4.394%Nov 21, 2024Yield to maturity4.380%Dec 2, 2024Yield to maturity4.148%Dec 10, 2024Yield to maturity4.168%Dec 18, 2024Yield to maturity4.464%Dec 27, 2024Yield to maturity4.549%Jan 7, 2025Yield to maturity4.584%Jan 15, 2025Yield to maturity4.570%Jan 24, 2025Yield to maturity4.541%Feb 3, 2025Yield to maturity4.460%Feb 11, 2025Yield to maturity4.464%Feb 20, 2025Yield to maturity4.433%Feb 28, 2025Yield to maturity4.144%Mar 10, 2025Yield to maturity4.111%Mar 18, 2025Yield to maturity4.186%Mar 26, 2025Yield to maturity4.219%Apr 3, 2025Yield to maturity3.888%Apr 11, 2025Yield to maturity4.331%Apr 21, 2025Yield to maturity4.182%Apr 29, 2025Yield to maturity3.956%May 7, 2025Yield to maturity4.049%May 15, 2025Yield to maturity4.240%May 23, 2025Yield to maturity4.272%Jun 3, 2025Yield to maturity4.219%Jun 11, 2025Yield to maturity4.185%Jun 20, 2025Yield to maturity4.130%Jun 30, 2025Yield to maturity3.961%Jul 9, 2025Yield to maturity4.081%Jul 17, 2025Yield to maturity4.177%Jul 25, 2025Yield to maturity4.107%Aug 4, 2025Yield to maturity3.899%Aug 12, 2025Yield to maturity3.982%Aug 20, 2025Yield to maturity3.966%Aug 28, 2025Yield to maturity3.863%Sep 8, 2025Yield to maturity3.713%Sep 16, 2025Yield to maturity3.721%Sep 24, 2025Yield to maturity3.848%Oct 2, 2025Yield to maturity3.793%Oct 10, 2025Yield to maturity3.767%Oct 21, 2025Yield to maturity3.675%Oct 29, 2025Yield to maturity3.809%Nov 6, 2025Yield to maturity3.799%Nov 17, 2025Yield to maturity3.830%Nov 25, 2025Yield to maturity3.686%Dec 4, 2025Yield to maturity3.797%Dec 12, 2025Yield to maturity3.872%Dec 22, 2025Yield to maturity3.842%Dec 31, 2025Yield to maturity3.847%Jan 9, 2026Yield to maturity3.865%Jan 20, 2026Yield to maturity3.980%Jan 28, 2026Yield to maturity3.957%Feb 5, 2026Yield to maturity3.861%Feb 13, 2026Yield to maturity3.715%Feb 24, 2026Yield to maturity3.704%Mar 4, 2026Yield to maturity3.772%Mar 12, 2026Yield to maturity3.975%Mar 20, 2026Yield to maturity4.109%Mar 30, 2026Yield to maturity4.072%Apr 7, 2026Yield to maturity4.041%Apr 15, 2026Yield to maturity3.983%Apr 23, 2026Yield to maturity4.041%May 1, 2026Yield to maturity4.096%May 11, 2026Yield to maturity4.141%May 19, 2026Yield to maturity4.398%May 28, 2026Yield to maturity4.213%Jun 5, 2026Yield to maturity4.333%Jun 15, 2026Yield to maturity4.230%Jun 24, 2026Yield to maturity4.222%Jul 2, 2026Yield to maturity4.266%Jul 13, 2026Yield to maturity4.407%Jul 21, 2026Yield to maturity4.404%Jul 29, 2026Yield to maturity4.416%Aug 6, 2026Yield to maturity4.436%Aug 14, 2026Yield to maturity4.407%Aug 24, 2026Yield to maturity4.456%Sep 1, 2026Yield to maturity4.588%Sep 9, 2026Yield to maturity4.646%

Price history

1,206 trading days to Sep 9, 2026

7580859095100105Nov 15, 2021Sep 9, 2026Nov 15, 2021Close97.688Nov 23, 2021Close97.344Dec 2, 2021Close99.375Dec 10, 2021Close99.000Dec 20, 2021Close99.563Dec 29, 2021Close98.438Jan 6, 2022Close96.813Jan 14, 2022Close96.375Jan 25, 2022Close96.406Feb 2, 2022Close96.375Feb 10, 2022Close94.156Feb 18, 2022Close95.063Mar 1, 2022Close96.938Mar 9, 2022Close95.063Mar 17, 2022Close92.813Mar 25, 2022Close90.531Apr 4, 2022Close91.031Apr 12, 2022Close88.656Apr 21, 2022Close87.250Apr 29, 2022Close87.375May 9, 2022Close86.281May 17, 2022Close86.781May 25, 2022Close88.594Jun 3, 2022Close87.031Jun 13, 2022Close83.469Jun 22, 2022Close85.563Jun 30, 2022Close86.938Jul 11, 2022Close86.906Jul 19, 2022Close86.781Jul 27, 2022Close88.625Aug 4, 2022Close89.469Aug 12, 2022Close88.125Aug 22, 2022Close86.688Aug 30, 2022Close86.094Sep 8, 2022Close84.813Sep 16, 2022Close83.750Sep 26, 2022Close80.688Oct 4, 2022Close82.594Oct 13, 2022Close80.250Oct 21, 2022Close78.813Oct 31, 2022Close79.625Nov 8, 2022Close79.438Nov 17, 2022Close81.844Nov 28, 2022Close82.438Dec 6, 2022Close83.688Dec 14, 2022Close83.938Dec 22, 2022Close82.719Jan 3, 2023Close82.031Jan 11, 2023Close83.844Jan 20, 2023Close84.344Jan 30, 2023Close83.938Feb 7, 2023Close83.000Feb 15, 2023Close82.031Feb 24, 2023Close81.063Mar 6, 2023Close80.906Mar 14, 2023Close83.313Mar 22, 2023Close84.344Mar 30, 2023Close83.969Apr 7, 2023Close85.063Apr 17, 2023Close83.813Apr 25, 2023Close85.250May 3, 2023Close85.500May 11, 2023Close85.438May 19, 2023Close83.281May 30, 2023Close83.188Jun 7, 2023Close82.563Jun 15, 2023Close83.063Jun 26, 2023Close83.094Jul 5, 2023Close81.625Jul 13, 2023Close83.000Jul 21, 2023Close82.438Jul 31, 2023Close81.719Aug 8, 2023Close81.656Aug 16, 2023Close79.906Aug 24, 2023Close80.188Sep 1, 2023Close80.594Sep 12, 2023Close80.094Sep 20, 2023Close79.594Sep 28, 2023Close78.281Oct 6, 2023Close77.344Oct 17, 2023Close77.031Oct 25, 2023Close76.438Nov 2, 2023Close78.125Nov 10, 2023Close78.313Nov 20, 2023Close79.563Nov 29, 2023Close80.594Dec 7, 2023Close81.438Dec 15, 2023Close82.781Dec 26, 2023Close82.938Jan 4, 2024Close82.438Jan 12, 2024Close82.906Jan 23, 2024Close81.813Jan 31, 2024Close82.844Feb 8, 2024Close81.625Feb 16, 2024Close80.844Feb 27, 2024Close80.781Mar 6, 2024Close82.063Mar 14, 2024Close81.063Mar 22, 2024Close81.625Apr 1, 2024Close81.000Apr 9, 2024Close80.781Apr 17, 2024Close79.531Apr 25, 2024Close78.938May 3, 2024Close80.281May 13, 2024Close80.344May 21, 2024Close80.813May 30, 2024Close80.000Jun 7, 2024Close80.750Jun 17, 2024Close81.719Jun 26, 2024Close81.500Jul 5, 2024Close82.031Jul 15, 2024Close82.375Jul 23, 2024Close82.344Jul 31, 2024Close83.406Aug 8, 2024Close83.938Aug 16, 2024Close84.531Aug 26, 2024Close85.125Sep 4, 2024Close85.563Sep 12, 2024Close86.125Sep 20, 2024Close86.000Sep 30, 2024Close85.563Oct 8, 2024Close84.156Oct 17, 2024Close83.906Oct 25, 2024Close83.063Nov 4, 2024Close82.625Nov 13, 2024Close81.969Nov 21, 2024Close82.094Dec 2, 2024Close83.406Dec 10, 2024Close83.344Dec 18, 2024Close81.813Dec 27, 2024Close81.438Jan 7, 2025Close81.313Jan 15, 2025Close81.438Jan 24, 2025Close81.656Feb 3, 2025Close82.125Feb 11, 2025Close82.156Feb 20, 2025Close82.375Feb 28, 2025Close83.938Mar 10, 2025Close84.156Mar 18, 2025Close83.813Mar 26, 2025Close83.688Apr 3, 2025Close85.469Apr 11, 2025Close83.219Apr 21, 2025Close84.031Apr 29, 2025Close85.250May 7, 2025Close84.813May 15, 2025Close83.875May 23, 2025Close83.781Jun 3, 2025Close84.094Jun 11, 2025Close84.313Jun 20, 2025Close84.656Jun 30, 2025Close85.563Jul 9, 2025Close85.000Jul 17, 2025Close84.563Jul 25, 2025Close84.969Aug 4, 2025Close86.063Aug 12, 2025Close85.688Aug 20, 2025Close85.813Aug 28, 2025Close86.375Sep 8, 2025Close87.188Sep 16, 2025Close87.188Sep 24, 2025Close86.594Oct 2, 2025Close86.906Oct 10, 2025Close87.094Oct 21, 2025Close87.594Oct 29, 2025Close86.969Nov 6, 2025Close87.063Nov 17, 2025Close86.969Nov 25, 2025Close87.719Dec 4, 2025Close87.219Dec 12, 2025Close86.906Dec 22, 2025Close87.094Dec 31, 2025Close87.125Jan 9, 2026Close87.094Jan 20, 2026Close86.594Jan 28, 2026Close86.750Feb 5, 2026Close87.250Feb 13, 2026Close88.000Feb 24, 2026Close88.094Mar 4, 2026Close87.813Mar 12, 2026Close86.906Mar 20, 2026Close86.344Mar 30, 2026Close86.563Apr 7, 2026Close86.750Apr 15, 2026Close87.063Apr 23, 2026Close86.844May 1, 2026Close86.656May 11, 2026Close86.500May 19, 2026Close85.406May 28, 2026Close86.281Jun 5, 2026Close85.813Jun 15, 2026Close86.313Jun 24, 2026Close86.406Jul 2, 2026Close86.281Jul 13, 2026Close85.719Jul 21, 2026Close85.781Jul 29, 2026Close85.781Aug 6, 2026Close85.750Aug 14, 2026Close85.938Aug 24, 2026Close85.781Sep 1, 2026Close85.281Sep 9, 2026Close85.094
The most recent 20 trading days of prices for 91282CDJ7.
DateBidOfferClose
Sep 9, 202685.09485.06385.094
Sep 8, 202685.31385.28185.250
Sep 4, 202685.40685.37585.344
Sep 3, 202685.54785.53185.438
Sep 2, 202685.29785.28185.313
Sep 1, 202685.40685.37585.281
Aug 31, 202685.50085.46985.500
Aug 28, 202685.67285.65685.531
Aug 27, 202686.00085.96985.875
Aug 26, 202685.98485.96985.938
Aug 25, 202686.06386.03186.063
Aug 24, 202685.89185.87585.781
Aug 21, 202685.71985.68885.719
Aug 20, 202685.87585.84485.875
Aug 19, 202686.00085.96986.031
Aug 18, 202685.90685.87585.906
Aug 17, 202685.95385.93885.875
Aug 14, 202686.03186.00085.938
Aug 13, 202686.12586.09486.125
Aug 12, 202685.95385.93885.875

Prices are per 100 of face, from Treasury's own end-of-day file. A dash in the bid or offer column means none was posted that day.

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 91282CDJ7.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Nov 9, 2021Nov 15, 2021New issue$39.0bn$61.6bn2.35x1.444%
Dec 8, 2021Dec 15, 2021Reopening$36.0bn$41.3bn2.43x1.518%
Jan 12, 2022Jan 18, 2022Reopening$36.0bn$41.8bn2.51x1.723%

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.