5-Year Yield Falls 7 bps to 3.80% (Mar 16, 2026)

An upward slope shapes the Treasury yield curve as of Monday, and the gaps between neighboring maturities are narrow at the short end. The 6-week, 2-month, 3-month, and 6-month rates cluster at 3.72 percent or 3.73 percent, with the 4-week Treasury bill rate at 3.75 percent. The 1-year Treasury rate at 3.64 percent sits below the 2-year Treasury rate at 3.68 percent, and the 3-year at 3.69 percent matches the 4-month. From the 5-year at 3.80 percent, the schedule steps to the 7-year at 4.00 percent, the 10-year at 4.23 percent, the 20-year at 4.83 percent, and the 30-year Treasury yield at 4.86 percent.

Week-over-week, most maturities are higher. The 2-year Treasury rate moved from 3.56 percent to 3.68 percent, the 10-year Treasury yield climbed from 4.12 percent to 4.23 percent, the 20-year rate rose from 4.70 percent to 4.83 percent, and the 7-year advanced from 3.90 percent to 4.00 percent. Monday's 30-year Treasury yield of 4.86 percent is higher than last Monday's 4.72 percent. Shorter maturities of 6 months and under changed little, with the 4-week Treasury bill rate unchanged at 3.75 percent.

Over the past month the pattern differs. The 1-year Treasury rate rose from 3.42 percent to 3.64 percent, while the 10-year Treasury yield fell from 4.29 percent to 4.23 percent and the 30-year declined from 4.90 percent to 4.86 percent. Compared with one year ago, when the 10-year stood at 4.31 percent and the 30-year at 4.62 percent, the long end now sits higher while the 2-year Treasury rate at 3.68 percent is lower than its 4.02 percent level then.