scheduled events in this month

  • April 7, 20263-YearOriginal issue

    3-year Treasury note auction

    Announcement date: April 2, 2026.

    Auction date: April 7, 2026.

    Settlement date: April 15, 2026.

    Treasury's official tentative auction calendar lists the April 2026 3-year note announcement on April 2, auction on April 7, and settlement on April 15.

  • April 8, 202610-YearReopening

    10-year Treasury note reopening auction

    Announcement date: April 2, 2026.

    Auction date: April 8, 2026.

    Settlement date: April 15, 2026.

    Treasury's official tentative auction calendar lists a 10-year note reopening announced April 2, auctioned April 8, and settled April 15.

  • April 9, 202630-YearReopening

    30-year Treasury bond reopening auction

    Announcement date: April 2, 2026.

    Auction date: April 9, 2026.

    Settlement date: April 15, 2026.

    Treasury's official tentative auction calendar lists a 30-year bond reopening announced April 2, auctioned April 9, and settled April 15.

  • April 22, 202620-YearReopening

    20-year Treasury bond reopening auction

    Announcement date: April 16, 2026.

    Auction date: April 22, 2026.

    Settlement date: April 30, 2026.

    Treasury's official tentative auction calendar lists a 20-year bond reopening announced April 16, auctioned April 22, and settled April 30.

Why April matters

April is a reopening-heavy Treasury month, which matters because the supply itself is familiar but the market backdrop is not. Traders are watching whether duration demand stays clean into repeated coupon supply or whether auctions start exposing a weaker bid for longer paper.

For cross-asset traders, the read-through is straightforward: if the belly and long end struggle, TLT, USDJPY and growth-heavy equity leadership usually feel it quickly.

What to watch around the auctions

The useful question is not only whether an auction tail or stop-through prints. It is whether the post-auction reaction confirms a market that still wants duration or one that is becoming more price-sensitive to supply.

That distinction matters more than the headline result because Treasury auctions often change the path of rates after the auction, not only in the seconds around the release.