3-Year Yield Rises 6 bps to 3.88% (Apr 3, 2026)

A drop of 9 basis points worth of distance, expressed simply as a move lower, made the 10-year Treasury rate the largest single decliner on the Treasury yield curve, falling to 4.35 percent from 4.44 percent one week earlier. The 30-year Treasury yield finished Friday at 4.91 percent, down from 4.98 percent last Friday, while the 20-year Treasury yield slipped to 4.91 percent from 4.99 percent. Longer maturities led the declines, with the 7-year rate easing to 4.17 percent from 4.25 percent and the 5-year rate settling at 3.99 percent after standing at 4.06 percent a week ago.

Not every maturity moved lower over the week. The 1-year Treasury rate edged higher to 3.72 percent from 3.77 percent, and the 4-week Treasury bill rate slipped to 3.71 percent from 3.74 percent. Elsewhere on the short end, the 3-month rate held steady at 3.71 percent and the 6-month rate moved to 3.73 percent from 3.75 percent. Among intermediate maturities, the 3-year Treasury yield declined to 3.88 percent from 3.94 percent, and the 2-year Treasury rate finished at 3.84 percent after starting the week at 3.88 percent.

Measured against one month ago, rates have climbed across the curve, with the middle of the curve showing the steepest increases. The 2-year rate rose to 3.84 percent from 3.48 percent, and the 5-year rate advanced to 3.99 percent from 3.67 percent. The 7-year rate stands at 4.17 percent versus 3.87 percent a month ago, while the 10-year moved to 4.35 percent from 4.09 percent. At the long end, the 30-year Treasury yield is higher than its 4.72 percent level of a month ago, and the 20-year Treasury yield compares with 4.67 percent over the same span.