Treasury sold $44 billion of seven-year notes June 25 at a 4.260% high yield and 2.50 bid-to-cover, with indirect demand cooling to 57.6% as domestic direct bidders stepped in.

The U.S. yield curve turned positive again in June 2026 after the long 2022 to 2024 inversion. Here is what an inversion signals and where the curve stands now.

The U.S. Treasury sold $69 billion of two-year notes on June 23 at a 4.189% high yield, the highest stop since January 2025, with a 2.64 bid-to-cover and strong demand.

The two-year Treasury yield rose to its highest since February 2025 on June 22 as markets repriced toward a 2026 Fed rate hike ahead of Thursday's May PCE report.

Who holds the $39 trillion U.S. national debt in 2026? Foreign investors own $9.35T led by Japan, the Fed holds about $4.4T, and federal trust funds hold $7.64T.

The Fed held rates at 3.50 to 3.75 percent on June 17, 2026, but its new dot plot flipped toward a 2026 hike at Kevin Warsh's first meeting. Prime stays 6.75 percent.

Treasury sold $13 billion of 20-year bonds at a 4.927% high yield on June 16, drawing a 2.75 bid-to-cover and 71.2% indirect demand, the strongest 20-year sale since January.

The U.S. debt ceiling caps how much the Treasury can borrow to pay bills Congress already approved. Here is how the $41.1 trillion limit works and when it binds next.

The FOMC is expected to hold rates at 3.50% to 3.75% and the prime rate at 6.75% on June 17, with the new dot plot and a hot May inflation print the real story.

Treasury's $22 billion 30-year auction stopped at 5.02% on June 11, the first back-to-back 5% sales since 2007, days before the June 16-17 Fed meeting.