US Treasury yield curve today
On , Treasury's 10-year par yield was 5.31%, 3 basis points higher than the day before.
3-month par yield
4.22%
+3 bp since 2 Oct
2-year par yield
4.84%
+1 bp since 2 Oct
10-year par yield
5.31%
+3 bp since 2 Oct
30-year par yield
5.66%
+3 bp since 2 Oct
What does the Treasury yield curve look like today?
The 10-year yielded 47 basis points more than the 2-year on 5 October 2026
Par yield by term, %; grey: 3 October 2025
- 5 October 2026
- 3 October 2025
Source: U.S. Treasury, daily par yield curve rates, Daily Treasury Par Yield Curve Rates. Observed .
Every term as a table
| Term | Par yield | Since 2 Oct 2026 | Since 3 Oct 2025 |
|---|---|---|---|
| 1-month | 4.05% | +1 | −19 |
| 1.5-month | 4.10% | +1 | −7 |
| 2-month | 4.13% | +2 | +2 |
| 3-month | 4.22% | +3 | +19 |
| 4-month | 4.27% | +1 | +31 |
| 6-month | 4.30% | +3 | +48 |
| 1-year | 4.47% | +1 | +83 |
| 2-year | 4.84% | +1 | +126 |
| 3-year | 4.97% | +1 | +138 |
| 5-year | 5.06% | 0 | +134 |
| 7-year | 5.19% | +2 | +129 |
| 10-year | 5.31% | +3 | +118 |
| 20-year | 5.70% | +3 | +101 |
| 30-year | 5.66% | +3 | +95 |
Is the yield curve inverted?
| Spread, basis points | 5 October 2026 | 3 October 2025 |
|---|---|---|
| 10-year minus 2-year | +47 | +55 |
| 10-year minus 3-month | +109 | +10 |
The last 20 days
| Date | 3-month | 2-year | 5-year | 10-year | 30-year |
|---|---|---|---|---|---|
| 4.22 | 4.84 | 5.06 | 5.31 | 5.66 | |
| 4.19 | 4.83 | 5.06 | 5.28 | 5.63 | |
| 4.17 | 4.78 | 5.01 | 5.24 | 5.61 | |
| 4.20 | 4.88 | 5.09 | 5.29 | 5.64 | |
| 4.25 | 4.89 | 5.06 | 5.26 | 5.59 |
Show 15 more rows
| Date | 3-month | 2-year | 5-year | 10-year | 30-year |
|---|---|---|---|---|---|
| 4.28 | 4.92 | 5.06 | 5.24 | 5.56 | |
| 4.24 | 4.81 | 4.98 | 5.17 | 5.49 | |
| 4.24 | 4.87 | 5.03 | 5.18 | 5.47 | |
| 4.19 | 4.85 | 4.99 | 5.11 | 5.40 | |
| 4.16 | 4.71 | 4.83 | 4.96 | 5.29 | |
| 4.17 | 4.76 | 4.83 | 4.96 | 5.29 | |
| 4.14 | 4.76 | 4.86 | 5.01 | 5.34 | |
| 4.12 | 4.67 | 4.78 | 4.94 | 5.29 | |
| 4.14 | 4.74 | 4.86 | 5.01 | 5.35 | |
| 4.11 | 4.67 | 4.83 | 5.00 | 5.36 | |
| 4.11 | 4.65 | 4.80 | 4.97 | 5.34 | |
| 4.07 | 4.63 | 4.78 | 4.96 | 5.35 | |
| 4.00 | 4.56 | 4.75 | 4.95 | 5.37 | |
| 3.95 | 4.43 | 4.61 | 4.83 | 5.28 | |
| 3.94 | 4.39 | 4.57 | 4.80 | 5.25 |
The table scrolls sideways; the first column stays in place.
About these figures
Real yields, bill rates, how to read the curve, its limits and the source
Real yields: the par curve of TIPS
| Term | Real par yield | Since the day before | Since a year earlier |
|---|---|---|---|
| 5-year | 2.70% | +1 | +136 |
| 7-year | 2.82% | +2 | +126 |
| 10-year | 2.95% | +3 | +115 |
| 20-year | 3.22% | +3 | +98 |
| 30-year | 3.37% | +3 | +89 |
Source: U.S. Treasury, daily par yield curve rates, Daily Treasury Par Real Yield Curve Rates. Observed .
Treasury bill rates today
| Bill | Bank discount | Coupon equivalent |
|---|---|---|
| 4-week | 3.88% | 3.95% |
| 6-week | 3.91% | 3.98% |
| 8-week | 3.97% | 4.05% |
| 13-week | 4.05% | 4.15% |
| 17-week | 4.09% | 4.20% |
| 26-week | 4.16% | 4.31% |
| 52-week | 4.26% | 4.46% |
The bank-discount rate is quoted on face value over a 360-day year; the coupon equivalent (the investment rate) is the same price as a bond-equivalent yield, the one to set beside a note's yield.
Source: U.S. Treasury, daily par yield curve rates, Daily Treasury Bill Rates. Observed .
How to read the par yield curve
Treasury's par yield curve gives, for each term, the coupon rate at which a new Treasury security would sell at par, fitted each business day from closing bid prices of the most recently auctioned securities. These are Treasury's own published figures, as Treasury publishes them; the changes and spreads in basis points (hundredths of a percentage point) are computed by 500metrics.
What this number cannot tell you
- These are fitted par yields, not market quotes: the yield of any one outstanding note or bond differs.
- Treasury publishes one curve a business day, from about the close of trading; this page shows the curve held since 2 January 1990, by day.
- A gap in a term (the 30-year from 2002 to 2006) means Treasury published no value for it; nothing is filled in.
How to cite this
U.S. Treasury, Daily Treasury Par Yield Curve Rates, 5 October 2026. Compiled by 500metrics, "US Treasury yield curve today", https://500metrics.com/treasury/yield-curve.
Sources and licence
Sources and licence
- U.S. Treasury, daily par yield curve rates (source). Licence: Public domain, a work of the US federal government
Our text and compilation: CC BY 4.0. How to reuse and cite this page.