10-year TIPS Auction

The US Department of Treasury issues Treasury Inflation-Protected Securities (TIPS) since 1997. TIPS offer investors a hedge against inflation, as the principal of this security increases with rising inflation and decreases with deflation. The US Department of Treasury auctions these securities on regularly scheduled events. Competitive bids at single-price auctions determine the interest rate paid on each issue, which is fixed. Rising interest rates on TIPS usually provide bullish signs on the US Dollar and vice-versa, lowering rates paid for these securities usually hint at a USD bearish trend.

Next event - Thursday 19 March 2026 17:00

Previous
1.94%
Actual
-

The typical/expected market impact of this event is low.

Most recent - Thursday 22 January 2026 18:00

Previous
1.843%
Actual
1.94%

Trading range

Announcement history

The most recent announced value for 10-year TIPS Auction was 1.94%.

Past events

Date
Actual
Thursday 22 January 2026 18:00
1.94%
Thursday 20 November 2025 18:00
1.843%
Thursday 23 October 2025 17:00
-
Thursday 18 September 2025 17:00
1.734%
Thursday 24 July 2025 17:00
1.985%
Thursday 22 May 2025 17:00
2.22%
Thursday 20 March 2025 17:00
1.935%
Thursday 23 January 2025 18:00
2.243%
Thursday 21 November 2024 18:00
2.071%
Thursday 19 September 2024 17:00
1.592%
Thursday 18 July 2024 17:00
1.883%
Thursday 23 May 2024 17:00
2.184%
Thursday 21 March 2024 17:00
1.932%
Thursday 18 January 2024 18:00
1.81%
Tuesday 21 November 2023 18:00
2.18%
Thursday 21 September 2023 17:00
2.09%
Thursday 20 July 2023 17:00
1.49%
Thursday 18 May 2023 17:00
1.39%
Thursday 23 March 2023 17:00
1.18%

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next 10-year TIPS Auction result:

PreviousLatest
Fed Interest Rate Decision(no change)3.75%3.75%
Interest Rate Projections - 2nd year(no change)3.1%3.1%
Interest Rate Projections - CurrentBearish change3.6%3.4%
Interest Rate Projections - LongerBullish change3%3.1%
Interest Rate Projections - 1st yearBearish change3.4%3.1%
Factory Orders (MoM)Bullish change-0.4%0.1%
Producer Price Index (MoM)Bullish change0.5%0.7%
Producer Price Index (YoY)Bullish change2.9%3.4%
Producer Price Index ex Food & Energy (MoM)Bearish change0.8%0.5%
Producer Price Index ex Food & Energy (YoY)Bullish change3.5%3.9%
Monthly Budget StatementBearish change$-95B$-308B
Pending Home Sales (MoM)Bullish change-1%1.8%
ADP Employment Change 4-week averageBearish change14.75K9K
Industrial Production (MoM)Bearish change0.7%0.2%
NY Empire State Manufacturing IndexBearish change7.1-0.2
JOLTS Job OpeningsBullish change6.55M6.946M
Michigan Consumer Expectations IndexBearish change56.654.1
Michigan Consumer Sentiment IndexBearish change56.655.5
UoM 1-year Consumer Inflation Expectations(no change)3.4%3.4%
UoM 5-year Consumer Inflation ExpectationBearish change3.3%3.2%
Core Personal Consumption Expenditures (QoQ)(no change)2.7%2.7%
Gross Domestic Product AnnualizedBearish change1.4%0.7%
Gross Domestic Product Price IndexBullish change3.7%3.8%
Personal Consumption Expenditures Prices (QoQ)(no change)2.9%2.9%
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.4%0.4%
Core Personal Consumption Expenditures - Price Index (YoY)Bullish change3%3.1%
Personal Consumption Expenditures - Price Index (MoM)Bearish change0.4%0.3%
Personal Consumption Expenditures - Price Index (YoY)Bearish change2.9%2.8%
Personal Income (MoM)Bullish change0.3%0.4%
Personal Spending(no change)0.4%0.4%
Durable Goods OrdersBullish change-0.9%0%
Durable Goods Orders ex DefenseBullish change-1.9%0.5%
Durable Goods Orders ex TransportationBearish change1.3%0.4%
Nondefense Capital Goods Orders ex AircraftBearish change0.8%0%
Initial Jobless ClaimsBullish change214K213K
Building Permits (MoM)Bearish change1.455M1.376M
Housing Starts (MoM)Bullish change1.387M1.487M
Consumer Price Index (MoM)Bullish change0.2%0.3%
Consumer Price Index (YoY)(no change)2.4%2.4%
Consumer Price Index ex Food & Energy (MoM)Bearish change0.3%0.2%
Consumer Price Index ex Food & Energy (YoY)(no change)2.5%2.5%
Existing Home Sales Change (MoM)Bullish change-5.9%1.7%
ADP Employment Change 4-week averageBullish change12.8K15.5K
Average Hourly Earnings (MoM)(no change)0.4%0.4%
Average Hourly Earnings (YoY)Bullish change3.7%3.8%
Labor Force Participation RateBearish change62.1%62%
Nonfarm PayrollsBearish change126K-92K
U6 Underemployment RateBullish change8.1%7.9%
Unemployment RateBearish change4.3%4.4%
Retail Sales (MoM)Bearish change0%-0.2%
Retail Sales Control GroupBullish change0%0.3%
Retail Sales ex Autos (MoM)(no change)0%0%
Nonfarm ProductivityBearish change5.2%2.8%
Unit Labor CostsBullish change-1.8%2.8%
Initial Jobless Claims(no change)213K213K
Challenger Job CutsBearish change108.435K48.307K

About 10-year TIPS Auction

Country:United States
Currency:USD
Source:US Department of Treasury
Category:Bond Auctions
Frequency:Irregular

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