Treasury note

91282CJG7 · 4.875% due October 31, 2030

Original term
7-Year
Maturity
Oct 31, 2030
Coupon
4.875%
Pays
Semi-Annual
Dated
Oct 31, 2023
First coupon
Apr 30, 2024
Priced through
Sep 9, 2026
Analyzed through
Sep 9, 2026

Statement of August 31, 2026

Amount outstanding
$37.23bn
Held stripped
$10.6m
Share stripped
0.03%

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
4.580%
Modified duration
3.652 yr
DV01
0.0376
Convexity
16.078
Dirty price
102.856

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 6 of twelve buckets, summing to 3.736 years against a modified duration of 3.652.

Against the fitted curve

Priced 0.8 bp rich to the curve on that day, 3.03 cents per 100 of face.

That is -1.40 standard deviations from its own typical residual.

Yield to maturity, 716 observations

3.25%3.50%3.75%4.00%4.25%4.50%4.75%5.00%Oct 31, 2023Sep 9, 2026Oct 31, 2023Yield to maturity4.891%Nov 3, 2023Yield to maturity4.548%Nov 8, 2023Yield to maturity4.537%Nov 13, 2023Yield to maturity4.689%Nov 16, 2023Yield to maturity4.468%Nov 21, 2023Yield to maturity4.441%Nov 27, 2023Yield to maturity4.430%Nov 30, 2023Yield to maturity4.383%Dec 5, 2023Yield to maturity4.201%Dec 8, 2023Yield to maturity4.277%Dec 13, 2023Yield to maturity4.045%Dec 18, 2023Yield to maturity3.972%Dec 21, 2023Yield to maturity3.910%Dec 27, 2023Yield to maturity3.812%Jan 2, 2024Yield to maturity3.962%Jan 5, 2024Yield to maturity4.053%Jan 10, 2024Yield to maturity4.026%Jan 16, 2024Yield to maturity4.025%Jan 19, 2024Yield to maturity4.127%Jan 24, 2024Yield to maturity4.147%Jan 29, 2024Yield to maturity4.036%Feb 1, 2024Yield to maturity3.845%Feb 6, 2024Yield to maturity4.081%Feb 9, 2024Yield to maturity4.190%Feb 14, 2024Yield to maturity4.289%Feb 20, 2024Yield to maturity4.294%Feb 23, 2024Yield to maturity4.303%Feb 28, 2024Yield to maturity4.303%Mar 4, 2024Yield to maturity4.248%Mar 7, 2024Yield to maturity4.110%Mar 12, 2024Yield to maturity4.183%Mar 15, 2024Yield to maturity4.348%Mar 20, 2024Yield to maturity4.283%Mar 25, 2024Yield to maturity4.265%Mar 28, 2024Yield to maturity4.233%Apr 2, 2024Yield to maturity4.383%Apr 5, 2024Yield to maturity4.409%Apr 10, 2024Yield to maturity4.612%Apr 15, 2024Yield to maturity4.656%Apr 18, 2024Yield to maturity4.678%Apr 23, 2024Yield to maturity4.628%Apr 26, 2024Yield to maturity4.700%May 1, 2024Yield to maturity4.650%May 6, 2024Yield to maturity4.493%May 9, 2024Yield to maturity4.471%May 14, 2024Yield to maturity4.464%May 17, 2024Yield to maturity4.441%May 22, 2024Yield to maturity4.457%May 28, 2024Yield to maturity4.579%May 31, 2024Yield to maturity4.534%Jun 5, 2024Yield to maturity4.310%Jun 10, 2024Yield to maturity4.482%Jun 13, 2024Yield to maturity4.242%Jun 18, 2024Yield to maturity4.235%Jun 24, 2024Yield to maturity4.267%Jun 27, 2024Yield to maturity4.305%Jul 2, 2024Yield to maturity4.411%Jul 8, 2024Yield to maturity4.242%Jul 11, 2024Yield to maturity4.152%Jul 16, 2024Yield to maturity4.111%Jul 19, 2024Yield to maturity4.188%Jul 24, 2024Yield to maturity4.193%Jul 29, 2024Yield to maturity4.091%Aug 1, 2024Yield to maturity3.879%Aug 6, 2024Yield to maturity3.779%Aug 9, 2024Yield to maturity3.843%Aug 14, 2024Yield to maturity3.715%Aug 19, 2024Yield to maturity3.784%Aug 22, 2024Yield to maturity3.761%Aug 27, 2024Yield to maturity3.720%Aug 30, 2024Yield to maturity3.790%Sep 5, 2024Yield to maturity3.606%Sep 10, 2024Yield to maturity3.505%Sep 13, 2024Yield to maturity3.503%Sep 18, 2024Yield to maturity3.550%Sep 23, 2024Yield to maturity3.587%Sep 26, 2024Yield to maturity3.624%Oct 1, 2024Yield to maturity3.583%Oct 4, 2024Yield to maturity3.860%Oct 9, 2024Yield to maturity3.950%Oct 15, 2024Yield to maturity3.908%Oct 18, 2024Yield to maturity3.935%Oct 23, 2024Yield to maturity4.106%Oct 28, 2024Yield to maturity4.163%Oct 31, 2024Yield to maturity4.197%Nov 5, 2024Yield to maturity4.207%Nov 8, 2024Yield to maturity4.235%Nov 14, 2024Yield to maturity4.364%Nov 19, 2024Yield to maturity4.297%Nov 22, 2024Yield to maturity4.338%Nov 27, 2024Yield to maturity4.177%Dec 3, 2024Yield to maturity4.158%Dec 6, 2024Yield to maturity4.074%Dec 11, 2024Yield to maturity4.179%Dec 16, 2024Yield to maturity4.290%Dec 19, 2024Yield to maturity4.482%Dec 24, 2024Yield to maturity4.493%Dec 30, 2024Yield to maturity4.420%Jan 3, 2025Yield to maturity4.461%Jan 8, 2025Yield to maturity4.509%Jan 13, 2025Yield to maturity4.662%Jan 16, 2025Yield to maturity4.447%Jan 22, 2025Yield to maturity4.470%Jan 27, 2025Yield to maturity4.384%Jan 30, 2025Yield to maturity4.365%Feb 4, 2025Yield to maturity4.370%Feb 7, 2025Yield to maturity4.381%Feb 12, 2025Yield to maturity4.522%Feb 18, 2025Yield to maturity4.447%Feb 21, 2025Yield to maturity4.304%Feb 26, 2025Yield to maturity4.119%Mar 3, 2025Yield to maturity4.020%Mar 6, 2025Yield to maturity4.129%Mar 11, 2025Yield to maturity4.091%Mar 14, 2025Yield to maturity4.145%Mar 19, 2025Yield to maturity4.082%Mar 24, 2025Yield to maturity4.148%Mar 27, 2025Yield to maturity4.160%Apr 1, 2025Yield to maturity3.961%Apr 4, 2025Yield to maturity3.775%Apr 9, 2025Yield to maturity4.119%Apr 14, 2025Yield to maturity4.092%Apr 17, 2025Yield to maturity4.017%Apr 22, 2025Yield to maturity4.059%Apr 25, 2025Yield to maturity3.957%Apr 30, 2025Yield to maturity3.795%May 5, 2025Yield to maturity4.010%May 8, 2025Yield to maturity4.065%May 13, 2025Yield to maturity4.183%May 16, 2025Yield to maturity4.118%May 21, 2025Yield to maturity4.213%May 27, 2025Yield to maturity4.090%May 30, 2025Yield to maturity4.037%Jun 4, 2025Yield to maturity3.998%Jun 9, 2025Yield to maturity4.149%Jun 12, 2025Yield to maturity4.014%Jun 17, 2025Yield to maturity4.038%Jun 23, 2025Yield to maturity3.952%Jun 26, 2025Yield to maturity3.843%Jul 1, 2025Yield to maturity3.879%Jul 7, 2025Yield to maturity4.004%Jul 10, 2025Yield to maturity3.971%Jul 15, 2025Yield to maturity4.085%Jul 18, 2025Yield to maturity3.999%Jul 23, 2025Yield to maturity3.978%Jul 28, 2025Yield to maturity4.009%Jul 31, 2025Yield to maturity3.988%Aug 5, 2025Yield to maturity3.798%Aug 8, 2025Yield to maturity3.860%Aug 13, 2025Yield to maturity3.801%Aug 18, 2025Yield to maturity3.883%Aug 21, 2025Yield to maturity3.894%Aug 26, 2025Yield to maturity3.775%Aug 29, 2025Yield to maturity3.726%Sep 4, 2025Yield to maturity3.679%Sep 9, 2025Yield to maturity3.631%Sep 12, 2025Yield to maturity3.654%Sep 17, 2025Yield to maturity3.646%Sep 22, 2025Yield to maturity3.728%Sep 25, 2025Yield to maturity3.786%Sep 30, 2025Yield to maturity3.757%Oct 3, 2025Yield to maturity3.735%Oct 8, 2025Yield to maturity3.740%Oct 14, 2025Yield to maturity3.617%Oct 17, 2025Yield to maturity3.608%Oct 22, 2025Yield to maturity3.573%Oct 27, 2025Yield to maturity3.630%Oct 30, 2025Yield to maturity3.735%Nov 4, 2025Yield to maturity3.705%Nov 7, 2025Yield to maturity3.682%Nov 13, 2025Yield to maturity3.713%Nov 18, 2025Yield to maturity3.703%Nov 21, 2025Yield to maturity3.626%Nov 26, 2025Yield to maturity3.576%Dec 2, 2025Yield to maturity3.661%Dec 5, 2025Yield to maturity3.719%Dec 10, 2025Yield to maturity3.724%Dec 15, 2025Yield to maturity3.728%Dec 18, 2025Yield to maturity3.665%Dec 23, 2025Yield to maturity3.737%Dec 29, 2025Yield to maturity3.665%Jan 2, 2026Yield to maturity3.730%Jan 7, 2026Yield to maturity3.687%Jan 12, 2026Yield to maturity3.753%Jan 15, 2026Yield to maturity3.759%Jan 21, 2026Yield to maturity3.818%Jan 26, 2026Yield to maturity3.809%Jan 29, 2026Yield to maturity3.786%Feb 3, 2026Yield to maturity3.811%Feb 6, 2026Yield to maturity3.738%Feb 11, 2026Yield to maturity3.729%Feb 17, 2026Yield to maturity3.612%Feb 20, 2026Yield to maturity3.637%Feb 25, 2026Yield to maturity3.607%Mar 2, 2026Yield to maturity3.610%Mar 5, 2026Yield to maturity3.709%Mar 10, 2026Yield to maturity3.720%Mar 13, 2026Yield to maturity3.862%Mar 18, 2026Yield to maturity3.860%Mar 23, 2026Yield to maturity3.960%Mar 26, 2026Yield to maturity4.098%Mar 31, 2026Yield to maturity3.919%Apr 3, 2026Yield to maturity3.983%Apr 8, 2026Yield to maturity3.915%Apr 13, 2026Yield to maturity3.905%Apr 16, 2026Yield to maturity3.904%Apr 21, 2026Yield to maturity3.901%Apr 24, 2026Yield to maturity3.906%Apr 29, 2026Yield to maturity4.040%May 4, 2026Yield to maturity4.075%May 7, 2026Yield to maturity4.036%May 12, 2026Yield to maturity4.117%May 15, 2026Yield to maturity4.252%May 20, 2026Yield to maturity4.213%May 26, 2026Yield to maturity4.179%May 29, 2026Yield to maturity4.131%Jun 3, 2026Yield to maturity4.207%Jun 8, 2026Yield to maturity4.275%Jun 11, 2026Yield to maturity4.165%Jun 16, 2026Yield to maturity4.148%Jun 22, 2026Yield to maturity4.294%Jun 25, 2026Yield to maturity4.159%Jun 30, 2026Yield to maturity4.197%Jul 6, 2026Yield to maturity4.202%Jul 9, 2026Yield to maturity4.256%Jul 14, 2026Yield to maturity4.302%Jul 17, 2026Yield to maturity4.268%Jul 22, 2026Yield to maturity4.403%Jul 27, 2026Yield to maturity4.394%Jul 30, 2026Yield to maturity4.361%Aug 4, 2026Yield to maturity4.311%Aug 7, 2026Yield to maturity4.326%Aug 12, 2026Yield to maturity4.349%Aug 17, 2026Yield to maturity4.339%Aug 20, 2026Yield to maturity4.346%Aug 25, 2026Yield to maturity4.320%Aug 28, 2026Yield to maturity4.466%Sep 2, 2026Yield to maturity4.524%Sep 8, 2026Yield to maturity4.539%Sep 9, 2026Yield to maturity4.580%

Price history

716 trading days to Sep 9, 2026

98100102104106108Oct 31, 2023Sep 9, 2026Oct 31, 2023Close99.906Nov 3, 2023Close101.938Nov 8, 2023Close102.000Nov 13, 2023Close101.094Nov 16, 2023Close102.406Nov 21, 2023Close102.563Nov 27, 2023Close102.625Nov 30, 2023Close102.906Dec 5, 2023Close104.000Dec 8, 2023Close103.531Dec 13, 2023Close104.938Dec 18, 2023Close105.375Dec 21, 2023Close105.750Dec 27, 2023Close106.344Jan 2, 2024Close105.406Jan 5, 2024Close104.844Jan 10, 2024Close105.000Jan 16, 2024Close105.000Jan 19, 2024Close104.375Jan 24, 2024Close104.250Jan 29, 2024Close104.906Feb 1, 2024Close106.063Feb 6, 2024Close104.625Feb 9, 2024Close103.969Feb 14, 2024Close103.375Feb 20, 2024Close103.344Feb 23, 2024Close103.281Feb 28, 2024Close103.281Mar 4, 2024Close103.594Mar 7, 2024Close104.406Mar 12, 2024Close103.969Mar 15, 2024Close103.000Mar 20, 2024Close103.375Mar 25, 2024Close103.469Mar 28, 2024Close103.656Apr 2, 2024Close102.781Apr 5, 2024Close102.625Apr 10, 2024Close101.469Apr 15, 2024Close101.219Apr 18, 2024Close101.094Apr 23, 2024Close101.375Apr 26, 2024Close100.969May 1, 2024Close101.250May 6, 2024Close102.125May 9, 2024Close102.250May 14, 2024Close102.281May 17, 2024Close102.406May 22, 2024Close102.313May 28, 2024Close101.625May 31, 2024Close101.875Jun 5, 2024Close103.125Jun 10, 2024Close102.156Jun 13, 2024Close103.500Jun 18, 2024Close103.531Jun 24, 2024Close103.344Jun 27, 2024Close103.125Jul 2, 2024Close102.531Jul 8, 2024Close103.469Jul 11, 2024Close103.969Jul 16, 2024Close104.188Jul 19, 2024Close103.750Jul 24, 2024Close103.719Jul 29, 2024Close104.281Aug 1, 2024Close105.469Aug 6, 2024Close106.031Aug 9, 2024Close105.656Aug 14, 2024Close106.375Aug 19, 2024Close105.969Aug 22, 2024Close106.094Aug 27, 2024Close106.313Aug 30, 2024Close105.906Sep 5, 2024Close106.938Sep 10, 2024Close107.500Sep 13, 2024Close107.500Sep 18, 2024Close107.219Sep 23, 2024Close107.000Sep 26, 2024Close106.781Oct 1, 2024Close107.000Oct 4, 2024Close105.438Oct 9, 2024Close104.938Oct 15, 2024Close105.156Oct 18, 2024Close105.000Oct 23, 2024Close104.063Oct 28, 2024Close103.750Oct 31, 2024Close103.563Nov 5, 2024Close103.500Nov 8, 2024Close103.344Nov 14, 2024Close102.656Nov 19, 2024Close103.000Nov 22, 2024Close102.781Nov 27, 2024Close103.625Dec 3, 2024Close103.719Dec 6, 2024Close104.156Dec 11, 2024Close103.594Dec 16, 2024Close103.000Dec 19, 2024Close102.000Dec 24, 2024Close101.938Dec 30, 2024Close102.313Jan 3, 2025Close102.094Jan 8, 2025Close101.844Jan 13, 2025Close101.063Jan 16, 2025Close102.156Jan 22, 2025Close102.031Jan 27, 2025Close102.469Jan 30, 2025Close102.563Feb 4, 2025Close102.531Feb 7, 2025Close102.469Feb 12, 2025Close101.750Feb 18, 2025Close102.125Feb 21, 2025Close102.844Feb 26, 2025Close103.781Mar 3, 2025Close104.281Mar 6, 2025Close103.719Mar 11, 2025Close103.906Mar 14, 2025Close103.625Mar 19, 2025Close103.938Mar 24, 2025Close103.594Mar 27, 2025Close103.531Apr 1, 2025Close104.531Apr 4, 2025Close105.469Apr 9, 2025Close103.719Apr 14, 2025Close103.844Apr 17, 2025Close104.219Apr 22, 2025Close104.000Apr 25, 2025Close104.500Apr 30, 2025Close105.313May 5, 2025Close104.219May 8, 2025Close103.938May 13, 2025Close103.344May 16, 2025Close103.656May 21, 2025Close103.188May 27, 2025Close103.781May 30, 2025Close104.031Jun 4, 2025Close104.219Jun 9, 2025Close103.469Jun 12, 2025Close104.125Jun 17, 2025Close104.000Jun 23, 2025Close104.406Jun 26, 2025Close104.938Jul 1, 2025Close104.750Jul 7, 2025Close104.125Jul 10, 2025Close104.281Jul 15, 2025Close103.719Jul 18, 2025Close104.125Jul 23, 2025Close104.219Jul 28, 2025Close104.063Jul 31, 2025Close104.156Aug 5, 2025Close105.063Aug 8, 2025Close104.750Aug 13, 2025Close105.031Aug 18, 2025Close104.625Aug 21, 2025Close104.563Aug 26, 2025Close105.125Aug 29, 2025Close105.344Sep 4, 2025Close105.563Sep 9, 2025Close105.781Sep 12, 2025Close105.656Sep 17, 2025Close105.688Sep 22, 2025Close105.281Sep 25, 2025Close105.000Sep 30, 2025Close105.125Oct 3, 2025Close105.219Oct 8, 2025Close105.188Oct 14, 2025Close105.750Oct 17, 2025Close105.781Oct 22, 2025Close105.938Oct 27, 2025Close105.656Oct 30, 2025Close105.156Nov 4, 2025Close105.281Nov 7, 2025Close105.375Nov 13, 2025Close105.219Nov 18, 2025Close105.250Nov 21, 2025Close105.594Nov 26, 2025Close105.813Dec 2, 2025Close105.406Dec 5, 2025Close105.125Dec 10, 2025Close105.094Dec 15, 2025Close105.063Dec 18, 2025Close105.344Dec 23, 2025Close105.000Dec 29, 2025Close105.313Jan 2, 2026Close105.000Jan 7, 2026Close105.188Jan 12, 2026Close104.875Jan 15, 2026Close104.844Jan 21, 2026Close104.563Jan 26, 2026Close104.594Jan 29, 2026Close104.688Feb 3, 2026Close104.563Feb 6, 2026Close104.875Feb 11, 2026Close104.906Feb 17, 2026Close105.406Feb 20, 2026Close105.281Feb 25, 2026Close105.406Mar 2, 2026Close105.375Mar 5, 2026Close104.938Mar 10, 2026Close104.875Mar 13, 2026Close104.250Mar 18, 2026Close104.250Mar 23, 2026Close103.813Mar 26, 2026Close103.219Mar 31, 2026Close103.969Apr 3, 2026Close103.688Apr 8, 2026Close103.969Apr 13, 2026Close104.000Apr 16, 2026Close104.000Apr 21, 2026Close104.000Apr 24, 2026Close103.969Apr 29, 2026Close103.406May 4, 2026Close103.250May 7, 2026Close103.406May 12, 2026Close103.063May 15, 2026Close102.500May 20, 2026Close102.656May 26, 2026Close102.781May 29, 2026Close102.969Jun 3, 2026Close102.656Jun 8, 2026Close102.375Jun 11, 2026Close102.813Jun 16, 2026Close102.875Jun 22, 2026Close102.281Jun 25, 2026Close102.813Jun 30, 2026Close102.656Jul 6, 2026Close102.625Jul 9, 2026Close102.406Jul 14, 2026Close102.219Jul 17, 2026Close102.344Jul 22, 2026Close101.813Jul 27, 2026Close101.844Jul 30, 2026Close101.969Aug 4, 2026Close102.156Aug 7, 2026Close102.094Aug 12, 2026Close102.000Aug 17, 2026Close102.031Aug 20, 2026Close102.000Aug 25, 2026Close102.094Aug 28, 2026Close101.531Sep 2, 2026Close101.313Sep 8, 2026Close101.250Sep 9, 2026Close101.094
The most recent 20 trading days of prices for 91282CJG7.
DateBidOfferClose
Sep 9, 2026101.109101.094101.094
Sep 8, 2026101.297101.281101.250
Sep 4, 2026101.375101.344101.313
Sep 3, 2026101.547101.531101.438
Sep 2, 2026101.328101.313101.313
Sep 1, 2026101.422101.406101.313
Aug 31, 2026101.516101.500101.500
Aug 28, 2026101.656101.625101.531
Aug 27, 2026102.016102.000101.906
Aug 26, 2026102.016102.000101.969
Aug 25, 2026102.078102.063102.094
Aug 24, 2026101.953101.938101.875
Aug 21, 2026101.828101.813101.813
Aug 20, 2026101.984101.969102.000
Aug 19, 2026102.078102.063102.094
Aug 18, 2026102.047102.031102.031
Aug 17, 2026102.078102.063102.031
Aug 14, 2026102.141102.125102.063
Aug 13, 2026102.234102.219102.219
Aug 12, 2026102.078102.063102.000

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.

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 91282CJG7.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Oct 26, 2023Oct 31, 2023New issue$38.0bn$38.0bn2.70x4.908%

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.