Treasury Yields Little Changed, 7-Year Yield at 4.03% (Jan 23, 2026)

A 2-year Treasury rate of 3.60 percent anchors the front of the Treasury yield curve on 2026-01-23, with rates rising steadily across maturities from there. The 3-year Treasury yield reads 3.67 percent, the 5-year Treasury rate 3.84 percent, the 7-year 4.03 percent, and the 10-year Treasury yield 4.24 percent. Farther out, the 20-year stands at 4.78 percent and the 30-year Treasury yield at 4.82 percent. Among bills, the 4-week Treasury bill rate sits at 3.78 percent, the 6-week at 3.71 percent, the 2-month at 3.72 percent, and the 3-month at 3.70 percent, while the 1-year rate of 3.53 percent sits below all of them.

Front-end maturities moved higher over the past week. The 4-week Treasury bill rate advanced from 3.75 percent, the 2-month rate climbed from 3.68 percent to 3.72 percent, and the 3-month rate rose from 3.67 percent to 3.70 percent. Middle maturities showed little movement: the 10-year Treasury yield held at 4.24 percent and the 20-year at 4.79 percent. The 30-year Treasury yield slipped from 4.83 percent to 4.82 percent, remaining near its level from seven days earlier.

Over 30 days, the middle of the curve moved up while the long end eased. The 2-year Treasury rate rose from 3.47 percent to 3.60 percent, the 5-year from 3.70 percent to 3.84 percent, and the 7-year from 3.91 percent to 4.03 percent, while the 10-year Treasury rate climbed from 4.15 percent to 4.24 percent. The 20-year fell from 4.75 percent to 4.78 percent on a net basis, and the 30-year Treasury yield declined from 4.79 percent to 4.82 percent despite ending Friday at 4.82 percent versus 4.84 percent the prior day. A year earlier, the 2-year stood at 4.29 percent and the 30-year at 4.87 percent.