1-Year Yield Rises 7 bps to 3.47% (Feb 11, 2026)

Mid-range maturities led Wednesday's Treasury market lower. The 2-year Treasury rate fell to 3.52 percent from 3.57 percent one week earlier, while the 3-year yield declined to 3.55 percent from 3.64 percent. The 5-year Treasury yield dropped to 3.75 percent from 3.83 percent, and the 7-year rate settled at 3.96 percent, down from 4.05 percent. Each of these tenors also moved lower from the prior business day, when the 2-year stood at 3.45 percent, the 3-year at 3.50 percent, the 5-year at 3.70 percent, and the 7-year at 3.92 percent.

The wings of the Treasury yield curve followed a similar downward path at the long end. The 10-year Treasury yield came in at 4.18 percent, below last week's 4.29 percent, and the 20-year Treasury rate reached 4.76 percent after standing at 4.86 percent. The 30-year Treasury yield finished at 4.82 percent, lower than the 4.91 percent recorded one week ago and the 4.78 percent posted the previous day. At the short end, the 4-week Treasury bill rate eased to 3.71 percent from 3.72 percent, the 3-month rate ticked up to 3.70 percent from 3.69 percent, and the 6-month rate slipped to 3.60 percent from 3.62 percent a week ago.

Over the past month, shorter maturities have risen while the longest tenors have declined. The 2-month rate climbed to 3.73 percent from 3.64 percent on January 12, and the 4-month yield advanced to 3.70 percent from 3.63 percent. The 2-year Treasury rate moved to 3.52 percent from 3.54 percent, while the 1-year rate fell to 3.47 percent from 3.53 percent. The 30-year Treasury yield sits below its 4.83 percent level from 30 days earlier, and the 10-year Treasury rate of 4.18 percent compares with 4.19 percent then. One year ago, the 2-year stood at 4.29 percent, the 10-year at 4.54 percent, and the 30-year at 4.75 percent.