Back to summaries

Treasury Yields Little Changed, 6-Week Bill Rate at 3.71% (Jan 2, 2026)

Front-end maturities saw the steadiest trading on the Treasury yield curve at the start of 2026. The 2-year Treasury rate held at 3.47 percent, unchanged from the prior session, while the 3-year Treasury rate also stayed put at 3.55 percent. The 6-month rate sat at 3.58 percent, matching its level from both the previous day and one week ago. The 4-week Treasury bill rate slipped to 3.72 percent from 3.74 percent a day earlier, and the 6-week rate eased to 3.71 percent from 3.75 percent.

Away from those quiet corners, longer maturities moved higher. The 30-year Treasury yield rose to 4.86 percent from 4.84 percent on the prior day and stood above its 4.81 percent level one week ago. The 20-year Treasury rate climbed to 4.81 percent, up from 4.79 percent a day earlier and 4.76 percent a week ago. The 10-year Treasury yield reached 4.19 percent, higher than both the prior session's 4.18 percent and last week's 4.14 percent. The 5-year rate advanced to 3.74 percent from 3.73 percent, and the 7-year rate moved to 3.95 percent from 3.94 percent. The 2-month bill fell to 3.66 percent, the 3-month rate to 3.65 percent, and the 4-month bill to 3.62 percent, while the 1-year rate slipped to 3.47 percent from 3.48 percent.

Measured against 30 days ago, short-term rates sit lower: the 4-week bill was at 3.83 percent, the 3-month rate at 3.72 percent, and the 1-year at 3.57 percent on 2025-12-03. Longer tenors have moved in the opposite direction over the same span, with the 30-year Treasury yield up from 4.73 percent and the 10-year Treasury rate up from 4.06 percent. A year earlier, on 2025-01-02, the 2-year Treasury rate stood at 4.25 percent and the 30-year at 4.79 percent, leaving the long end above its year-ago level while the front end sits well below.

Yield Curve

4WK
3.72%
6WK
3.71%
2MO
3.66%
3MO
3.65%
4MO
3.62%
6MO
3.58%
1YR
3.47%
2YR
3.47%
3YR
3.55%
5YR
3.74%
7YR
3.95%
10YR
4.19%
20YR
4.81%
30YR
4.86%