10-Year Treasuries suffered their largest delivery fail rate in 8 years

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  • $30.5 billion worth of trades in the most recently issued 10‑year Treasury note failed to settle during the week ending December 10.
  • This is the highest level of delivery fails since December 2017 — an 8‑year high.

https://www.bloomberg.com/news/articles/2025-12-26/fed-data-show-december-surge-in-10-year-treasury-delivery-fails

https://www.msn.com/en-us/money/markets/10-year-treasury-trades-see-30-5-billion-in-delivery-fails-fed-says/ar-AA1T5O6R