10-year
5.00%
0 bp vs prior day
Rates Hub / Treasury yields
Treasury Yield Curve
Par yields for every maturity as of October 26, 2026, from the U.S. Treasury's daily curve. Updated each business day.
The 10-year Treasury yield is 5.00% and the 2-year is 4.68% as of October 26, 2026, per the U.S. Treasury's daily par yield curve. The 10-year minus 2-year spread is +32 bp and the 10-year minus 3-month spread is +78 bp.
2-year
4.68%
-1 bp vs prior day
10Y − 2Y spread
+32 bp
normal slope
10Y − 3M spread
+78 bp
normal slope
The curve today
Maturity is on a log scale so short and long tenors both read clearly. Hover or tap a maturity for exact values.
Every maturity
| Maturity | Yield | 1 day | 1 month | Year to date |
|---|---|---|---|---|
| 1 month | 4.11% | 0 bp | +7 bp | +39 bp |
| 1.5 months | 4.13% | +2 bp | -1 bp | +42 bp |
| 2 months | 4.18% | +2 bp | -2 bp | +52 bp |
| 3 months | 4.22% | 0 bp | -2 bp | +57 bp |
| 4 months | 4.32% | +2 bp | 0 bp | +70 bp |
| 6 months | 4.35% | +5 bp | +2 bp | +77 bp |
| 1 year | 4.47% | +3 bp | -3 bp | +100 bp |
| 2 years | 4.68% | -1 bp | -13 bp | +121 bp |
| 3 years | 4.79% | +4 bp | -15 bp | +124 bp |
| 5 years | 4.84% | +2 bp | -14 bp | +110 bp |
| 7 years | 4.91% | +2 bp | -15 bp | +96 bp |
| 10 years | 5.00% | 0 bp | -17 bp | +81 bp |
| 20 years | 5.35% | -2 bp | -19 bp | +54 bp |
| 30 years | 5.31% | -2 bp | -18 bp | +45 bp |
Changes in basis points (1 bp = 0.01%). "1 month" compares with September 25, 2026; "year to date" with January 2, 2026.
10-year yield, year to date
Yield curve playback
How has the shape of the curve changed over the last year? Drag the slider or press play.
Selected monthJan 2026 (start)
Oct 2026
Month-end Treasury par yields from Jan 2026 to Oct 2026, 1M to 30Y. Without scripting the chart shows the latest month against the first.
How to read the yield curve
The yield curve plots what the U.S. government pays to borrow for different lengths of time, from one month to thirty years. Normally it slopes upward — lenders want more to lock money up longer. When short-term yields rise above long-term ones the curve inverts, which has preceded most U.S. recessions, though with long and variable lags. The 10Y − 2Y and10Y − 3M spreads above are the two most-watched summaries of that shape.
Figures are the Treasury's par yield curve rates, published each business day after market close and derived from secondary-market bid prices. They are indicative, not tradeable quotes. Source: U.S. Department of the Treasury, Daily Treasury Par Yield Curve Rates.