Treasury Yields Little Changed, 20-Year Yield at 4.89% (Apr 6, 2026)

An upward-sloping Treasury yield curve stretched from 3.72 percent at the front end to 4.89 percent at the long end on Monday, with most neighboring gaps narrow. The widest step between adjacent tenors sat between the 1-year rate at 3.72 percent and the 2-year Treasury rate at 3.84 percent. Short maturities clustered tightly: the 4-week, 6-week, 3-month, 4-month, and 1-year all printed 3.72 percent, while the 2-month and 6-month each stood at 3.74 percent. The 20-year Treasury rate matched the 30-year Treasury yield at 4.89 percent, leaving the two longest maturities level.

Individual readings placed the 3-year Treasury yield at 3.88 percent, the 5-year at 3.98 percent, the 7-year at 4.16 percent, and the 10-year Treasury rate at 4.34 percent. Against Friday, the 30-year slipped from 4.91 percent to 4.89 percent, the 20-year fell from 4.91 percent to 4.89 percent, and the 10-year eased from 4.35 percent to 4.34 percent. The 5-year moved lower from 3.99 percent to 3.98 percent, while the 2-year held at 3.84 percent. At the front end, the 4-week Treasury bill rate ticked higher from 3.71 percent to 3.72 percent, versus 3.74 percent one week ago.

Over the past month, shorter tenors rose more than longer ones. The 2-year climbed from 3.56 percent to 3.84 percent, the 3-year from 3.59 percent to 3.88 percent, and the 5-year from 3.72 percent to 3.98 percent. The 1-year rate advanced from 3.55 percent to 3.72 percent, the 10-year from 4.15 percent to 4.34 percent, and the 30-year from 4.77 percent to 4.89 percent. A year earlier, the 30-year stood at 4.41 percent and the 2-year at 3.68 percent.