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.

Most recent - Thursday 22 January 2026 18:00

Previous
1.843%
Actual
1.94%

Next event - Thursday 19 March 2026 17:00

Previous
-
Actual
-

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

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
Employment Cost IndexBearish change0.8%0.7%
Retail Sales (MoM)Bearish change0.6%0%
Retail Sales Control GroupBearish change0.2%-0.1%
Retail Sales ex Autos (MoM)Bearish change0.4%0%
ADP Employment Change 4-week averageBullish change5K6.5K
Michigan Consumer Expectations IndexBearish change5756.6
Michigan Consumer Sentiment IndexBullish change56.457.3
UoM 1-year Consumer Inflation ExpectationsBearish change4%3.5%
UoM 5-year Consumer Inflation ExpectationBullish change3.3%3.4%
JOLTS Job OpeningsBearish change6.928M6.542M
Initial Jobless ClaimsBearish change209K231K
Challenger Job CutsBullish change35.553K108.435K
ISM Services Employment IndexBearish change51.750.3
ISM Services New Orders IndexBearish change56.553.1
ISM Services PMI(no change)53.853.8
ISM Services Prices PaidBullish change65.166.6
S&P Global Composite PMIBullish change52.853
ADP Employment ChangeBearish change37K22K
ISM Manufacturing Employment IndexBullish change44.848.1
ISM Manufacturing New Orders IndexBullish change47.457.1
ISM Manufacturing PMIBullish change47.952.6
ISM Manufacturing Prices PaidBullish change58.559
Chicago PMIBullish change43.554
Producer Price Index (MoM)Bullish change0.2%0.5%
Producer Price Index (YoY)(no change)3%3%
Producer Price Index ex Food & Energy (MoM)Bullish change0%0.7%
Producer Price Index ex Food & Energy (YoY)Bullish change3%3.3%
Factory Orders (MoM)Bullish change-1.3%2.7%
Initial Jobless ClaimsBullish change210K209K
Nonfarm Productivity(no change)4.9%4.9%
Unit Labor Costs(no change)-1.9%-1.9%
Fed Interest Rate Decision(no change)3.75%3.75%

About 10-year TIPS Auction

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

Related events

Spain
30-y Bond Auction
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