5-Year Yield Rises 5 bps to 3.72% (Mar 5, 2026)

Short-term Treasury rates finished Thursday mostly higher, with the 4-week Treasury bill rate at 3.75 percent and the 6-week bill at 3.74 percent, down a hundredth from Wednesday. The 3-month Treasury bill rate stood at 3.70 percent, up from 3.68 percent a week ago, while the 4-month bill held at 3.68 percent. The 6-month rate rose to 3.68 percent from 3.61 percent last Thursday. The 1-year Treasury rate climbed to 3.59 percent from 3.52 percent a week earlier, and the 2-year Treasury rate advanced to 3.57 percent, fifteen hundredths above its prior-week level of 3.42 percent.

Longer maturities also gained ground. The 5-year Treasury yield reached 3.72 percent, up from 3.57 percent seven days ago, and the 7-year rate moved to 3.92 percent from 3.78 percent. The 10-year Treasury rate came in at 4.13 percent, up from 4.02 percent last week, while the 20-year Treasury yield rose to 4.71 percent from 4.60 percent. The 30-year Treasury rate finished at 4.74 percent, up from 4.67 percent a week ago, having added three hundredths Wednesday and four hundredths Thursday.

Over thirty days the pattern reverses. The 30-year Treasury rate has dropped from 4.90 percent to 4.74 percent, and the 10-year Treasury rate fell from 4.28 percent to 4.13 percent. The 7-year declined from 4.04 percent to 3.92 percent, and the 5-year slipped from 3.83 percent to 3.72 percent. At the short end, the 3-month rate sits at 3.70 percent versus 3.69 percent a month ago, and the 6-month rate at 3.68 percent versus 3.62 percent. The Treasury yield curve remains inverted between the 1-year and 2-year maturities, with the 2-year two hundredths below the 1-year rate, a gap narrower than Wednesday's three hundredths.