Treasury Rates
U.S. Treasury yield curve and government bond rates updated daily.
Yield Curve Status
2-Year vs 10-Year Treasury Spread
-30 bps
Inverted
An inverted yield curve (short-term rates higher than long-term) has historically been a recession indicator, though timing varies significantly.
Treasury Yield Curve
1M
5.30%
3M
5.28%
6M
5.15%
1Y
4.88%
2Y
4.42%
5Y
4.18%
10Y
4.12%
30Y
4.38%
Source: U.S. Treasury | As of 2026-02-05
Key Benchmarks
10-Year Treasury
Benchmark for mortgages
4.12%
The 10-year Treasury yield is the benchmark for mortgage rates and a key indicator of market sentiment about economic growth.
2-Year Treasury
Fed policy sensitive
4.42%
The 2-year yield closely tracks Fed policy expectations and is highly sensitive to interest rate decisions.
30-Year Treasury
Long-term outlook
4.38%
The 30-year yield reflects long-term inflation expectations and is used as a benchmark for long-duration assets.