News and Advice | PrimeRates

Budget, Personal Loans

Federal Debt Crosses $40.5 Trillion After a $65 Billion One Day Jump

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Treasury's Debt to the Penny series recorded $40,528,358,939,415.85 on October 26, 2026, the first reading above $40.5 trillion, after a $65.21 billion one day rise.

Shelly Warding
October 28, 2026

Budget, Personal Loans

Direct Bidders Take a Record 41% of Treasury’s $69 Billion 2-Year Note

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Direct bidders took 41.32% of Treasury's $69 billion 2-year note auction on October 26, a four-year record for the maturity, as indirect bidders fell to 45.68%.

Mitch Strohm
October 27, 2026

Budget, Personal Loans

94 of 100 Economists Expect Prime Rate to Hold at 7.00% on October 28

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The Fed opens a two-day meeting Tuesday. 94 of 100 economists surveyed by Reuters expect a hold at 3.75% to 4.00%, keeping the prime rate at 7.00% into December.

Laura Adams
October 26, 2026

Budget, Personal Loans

Treasury Sells $213 Billion in Notes as the Fed Decides on Oct. 28

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Treasury will auction $213 billion of 2-year, 5-year, 7-year and floating rate notes across the four days surrounding the Fed's October 28 decision, all settling November 2.

Shelly Warding
October 25, 2026

Budget, Personal Loans

Treasury Sells $26 Billion in 5-Year TIPS at 2.367%, a Three-Year High

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Treasury sold $26 billion of five-year TIPS on October 22 at a 2.367% high real yield, the highest for the maturity since October 2023, on a 2.41 bid-to-cover.

Mitch Strohm
October 24, 2026

Budget, Personal Loans

10-Year Treasury Yield Drops 17 Basis Points to 4.96%, Most Since August 2024

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The 10-year Treasury yield fell 17 basis points to 4.96% on October 22, its largest one-day drop since August 2024 and its first close below 5% in a month.

Laura Adams
October 23, 2026

Budget, Personal Loans

One-Year Treasury Yield Runs 50 Basis Points Above the Fed’s 4% Ceiling

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The one-year Treasury yield reached 4.50% on October 19, a full 50 basis points above the Fed's 4.00% ceiling, pricing two more hikes before the October 28 FOMC vote.

Mitch Strohm
October 21, 2026

Budget, Personal Loans

Treasury Reopens $13 Billion 20-Year Bond as Its Yield Tops the 30-Year

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Treasury auctions $13 billion of the 5-1/8% bond due August 2046 on October 21, with the 20-year yielding 5.53% against 5.48% at 30 years.

Laura Adams
October 20, 2026

Budget, Personal Loans

China Cuts Treasury Holdings to $590.7 Billion, Lowest Since August 2008

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China's U.S. Treasury holdings fell to $590.7 billion in August, the lowest since August 2008, while Britain topped $1 trillion and official accounts kept selling.

Shelly Warding
October 19, 2026

Budget, Personal Loans

Debt Held by the Public Tops $32.5 Trillion, Nearly Matching Annual GDP

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Federal debt held by the public reached $32.538 trillion on October 15, the first reading above $32.5 trillion on record, after $391 billion of Treasury auctions settled that day.

Mitch Strohm
October 18, 2026