2-Year Yield Rises 5 bps to 3.57% (Feb 2, 2026)

Monday trading left the middle of the Treasury yield curve higher across the board. The 2-year Treasury rate finished at 3.57 percent, above both 3.52 percent on the prior business day and 3.56 percent one week earlier. The 3-year Treasury yield moved to 3.64 percent from 3.60 percent on Friday, having stood at 3.66 percent a week ago. A 3.83 percent reading on the 5-year Treasury yield compares with 3.79 percent previously and 3.82 percent seven days ago, while the 7-year Treasury rate climbed to 4.05 percent from 4.01 percent. One month ago these maturities sat at 3.47 percent, 3.55 percent, 3.74 percent, and 3.95 percent respectively.

On the wings, the 10-year Treasury yield advanced to 4.29 percent from 4.26 percent on Friday and 4.22 percent a week ago. The 30-year Treasury rate reached 4.9 percent versus 4.87 percent on the previous business day and 4.8 percent last Monday. The 20-year Treasury yield rose to 4.85 percent from 4.82 percent and 4.75 percent over the same spans. Shorter tenors diverged: the 1-year Treasury rate slipped to 3.49 percent from 3.48 percent, and the 4-week Treasury bill rate held at 3.72 percent, unchanged. The 3-month Treasury bill rate edged up to 3.69 percent from 3.67 percent. A month ago the 10-year stood at 4.19 percent, the 30-year at 4.86 percent, and the 20-year at 4.81 percent.

Elsewhere on the bill shelf, the 6-week rate was 3.72 percent, the 2-month rate 3.74 percent, the 4-month rate 3.70 percent, and the 6-month rate 3.62 percent. One year ago the 2-year Treasury yield stood at 4.22 percent, the 10-year Treasury rate at 4.58 percent, and the 30-year Treasury yield at 4.83 percent. The Treasury yield curve remains upward-sloping across all maturity pairings, with the 10-year at 4.29 percent above the 2-year at 3.57 percent.