Treasury yield curve today
Yields for every Treasury maturity from the latest trading day, with the recent history of the 10-year minus 2-year spread.
3-month
4.28%
Data for: October 14, 2026
Previous: 4.26% (October 13, 2026)
2-year
4.82%
Data for: October 14, 2026
Previous: 4.79% (October 13, 2026)
10-year
5.19%
Data for: October 14, 2026
Previous: 5.21% (October 13, 2026)
10-year minus 2-year (points)
0.37%
Data for: October 14, 2026
Previous: 0.42% (October 13, 2026)
Latest full table
| 1 Mo | 4.11% |
| 1.5 Month | 4.15% |
| 2 Mo | 4.15% |
| 3 Mo | 4.28% |
| 4 Mo | 4.36% |
| 6 Mo | 4.37% |
| 1 Yr | 4.53% |
| 2 Yr | 4.82% |
| 3 Yr | 4.92% |
| 5 Yr | 5.00% |
| 7 Yr | 5.09% |
| 10 Yr | 5.19% |
| 20 Yr | 5.57% |
| 30 Yr | 5.52% |
What it is
The yield curve plots the yield of Treasury securities against their maturity. Normally longer loans pay more, so the curve slopes upward. When short-term yields rise above long-term yields, the curve is said to be inverted.
Why it matters
An inverted curve (a negative 10-year minus 2-year spread) has preceded most US recessions since the 1970s, although the lag varies and it is not a guarantee. The shape of the curve also tells you whether savers earn more in short-term bills or in longer bonds.
Recent history
| Date | 3-month | 2-year | 10-year | 30-year | 10-year minus 2-year (points) |
|---|---|---|---|---|---|
| October 14, 2026 | 4.28% | 4.82% | 5.19% | 5.52% | 0.37% |
| October 13, 2026 | 4.26% | 4.79% | 5.21% | 5.56% | 0.42% |
| October 9, 2026 | 4.25% | 4.80% | 5.24% | 5.60% | 0.44% |
| October 8, 2026 | 4.23% | 4.75% | 5.22% | 5.60% | 0.47% |
| October 7, 2026 | 4.22% | 4.77% | 5.28% | 5.67% | 0.51% |
| October 6, 2026 | 4.21% | 4.79% | 5.27% | 5.64% | 0.48% |
| October 5, 2026 | 4.22% | 4.84% | 5.31% | 5.66% | 0.47% |
| October 2, 2026 | 4.19% | 4.83% | 5.28% | 5.63% | 0.45% |
| October 1, 2026 | 4.17% | 4.78% | 5.24% | 5.61% | 0.46% |
| September 30, 2026 | 4.20% | 4.88% | 5.29% | 5.64% | 0.41% |
| September 29, 2026 | 4.25% | 4.89% | 5.26% | 5.59% | 0.37% |
| September 28, 2026 | 4.28% | 4.92% | 5.24% | 5.56% | 0.32% |
| September 25, 2026 | 4.24% | 4.81% | 5.17% | 5.49% | 0.36% |
| September 24, 2026 | 4.24% | 4.87% | 5.18% | 5.47% | 0.31% |
| September 23, 2026 | 4.19% | 4.85% | 5.11% | 5.40% | 0.26% |
| September 22, 2026 | 4.16% | 4.71% | 4.96% | 5.29% | 0.25% |
| September 21, 2026 | 4.17% | 4.76% | 4.96% | 5.29% | 0.20% |
| September 18, 2026 | 4.14% | 4.76% | 5.01% | 5.34% | 0.25% |
| September 17, 2026 | 4.12% | 4.67% | 4.94% | 5.29% | 0.27% |
| September 16, 2026 | 4.14% | 4.74% | 5.01% | 5.35% | 0.27% |
| September 15, 2026 | 4.11% | 4.67% | 5.00% | 5.36% | 0.33% |
| September 14, 2026 | 4.11% | 4.65% | 4.97% | 5.34% | 0.32% |
| September 11, 2026 | 4.07% | 4.63% | 4.96% | 5.35% | 0.33% |
| September 10, 2026 | 4.00% | 4.56% | 4.95% | 5.37% | 0.39% |
| September 9, 2026 | 3.95% | 4.43% | 4.83% | 5.28% | 0.40% |
| September 8, 2026 | 3.94% | 4.39% | 4.80% | 5.25% | 0.41% |
| September 4, 2026 | 3.91% | 4.37% | 4.78% | 5.24% | 0.41% |
| September 3, 2026 | 3.89% | 4.34% | 4.77% | 5.25% | 0.43% |
| September 2, 2026 | 3.92% | 4.39% | 4.79% | 5.27% | 0.40% |
| September 1, 2026 | 3.92% | 4.39% | 4.79% | 5.27% | 0.40% |
The spread column is the 10-year yield minus the 2-year yield, in percentage points, calculated by us from the Treasury figures.
How to read
Latest: 4.28%
Where it comes from
U.S. Department of the Treasury, Daily Treasury Par Yield Curve Rates
Careful
Information, not advice
What to do
Compare with the related indicators
Reading the treasury yield curve today figure
What the latest treasury yield curve today reading says
The most recent value on this page is 4.28%, for October 14, 2026. Against the previous reading of 4.26%, that is +0.02% — a move up. Every business day is how often U.S. Department of the Treasury, Daily Treasury Par Yield Curve Rates publishes it, so a single reading is a snapshot and not a trend. The 30 observations in the table above, from September 1, 2026 onwards, are what gives the figure context.
Where the treasury yield curve today figure sits in its own history
Across the 30 readings loaded here, the series moved between 3.89% and 4.28%. The latest value is the highest of that window, which is the kind of reading worth checking against a longer history before calling it a record. A window this short cannot show a cycle. It shows the direction of travel and the size of the usual swing, which is enough to tell a normal move from an unusual one, and no more than that.
Who sets the treasury yield curve today and who it affects in United States
U.S. Department of the Treasury, Daily Treasury Par Yield Curve Rates publishes the treasury yield curve today series, and the page links the exact dataset and its licence below. Nothing here is a second-hand copy: the figure above is read from that source and shown with the date the source gave it. People reach this page searching for "treasury yield curve today", and the honest answer is the published figure plus its date. A national figure is an average: your own rate, bill or salary in United States will sit above or below it.
Glossary
Yield
The annual return an investor earns by lending money through a bond, expressed as a percentage of its price. Price and yield move in opposite directions: when a bond gets cheaper, its yield rises.
Yield curve
The set of yields on government debt across maturities, from a few weeks to thirty years. When short maturities pay more than long ones the curve is inverted, a pattern markets read as a slowdown signal.
Basis point
One hundredth of a percentage point. Central banks and markets talk in basis points because "a 0.25 point cut" and "a 25 basis point cut" are the same thing, and the second wording leaves no room for doubt.
Real rate
An interest rate after inflation is taken out, roughly the quoted rate minus the inflation rate. A savings account paying less than inflation has a negative real rate, which means the money loses purchasing power.
Revision
A later correction of a published figure, as the statistics office receives more complete data. Values marked provisional or estimated are the ones most likely to change, which is why the page keeps the source flag.
National average
A figure averaged over a whole country, and therefore not a quote for you. Your own mortgage rate, salary or grocery bill depends on your region, your lender or your shop and will sit above or below the average.
Year-on-year inflation
The change in a price index against the same month a year earlier. It can fall while prices are still rising, because it measures the speed of the increase, not the level of prices.
Source: U.S. Department of the Treasury, Daily Treasury Par Yield Curve Rates
Licence: U.S. government work, public domain (17 U.S.C. § 105)
Update frequency: Every business day
Information only, not financial advice. Figures come from the official source shown and may be revised.