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Treasury Yields Little Changed, 2-Month Bill Rate at 3.75% (Jan 29, 2026)

Over the past 30 days, Treasury rates have moved higher across much of the curve. The 10-year Treasury yield rose to 4.24 percent from 4.12 percent, the 5-year climbed to 3.80 percent from 3.66 percent, and the 3-year advanced to 3.63 percent from 3.50 percent. The 30-year Treasury yield edged up to 4.85 percent from 4.81 percent, while shorter tenors also firmed, with the 3-month Treasury bill rate at 3.67 percent versus 3.65 percent and the 2-year Treasury rate at 3.53 percent from 3.46 percent.

Compared with one week ago, most maturities declined. The 2-year Treasury rate fell to 3.53 percent from 3.61 percent, and the 10-year Treasury yield slipped to 4.24 percent from 4.26 percent. The 3-month rate dipped to 3.67 percent from 3.71 percent, the 1-year slid to 3.50 percent from 3.53 percent, and the 5-year and 7-year decreased to 3.80 percent and 4.01 percent from 3.85 percent and 4.05 percent. The 30-year Treasury yield ticked higher, moving from 4.84 percent to 4.85 percent.

On Thursday, the 30-year Treasury yield held at 4.85 percent, unchanged from the prior session. The 10-year Treasury rate stood at 4.24 percent and the 2-year Treasury rate at 3.53 percent, both lower than Wednesday. The 4-week Treasury bill rate finished at 3.72 percent, down from 3.76 percent. Across the Treasury yield curve, the typical upward slope runs from the 2-year through the 30-year, though the short end shows an inversion, with the 3-month at 3.67 percent above the 1-year at 3.50 percent and the 6-month at 3.62 percent.

Yield Curve

4WK
3.72%
6WK
3.73%
2MO
3.75%
3MO
3.67%
4MO
3.69%
6MO
3.62%
1YR
3.50%
2YR
3.53%
3YR
3.63%
5YR
3.80%
7YR
4.01%
10YR
4.24%
20YR
4.80%
30YR
4.85%