3-Year Yield Falls 8 bps to 3.72% (Apr 17, 2026)

Measured against 30 days ago, the Treasury yield curve shows a mixed picture. The 30-year Treasury yield sits at 4.88 percent, matching its level on 2026-03-18, and the 10-year Treasury rate also matches its month-ago mark of 4.26 percent. Intermediate maturities moved lower over the month, with the 5-year Treasury yield at 3.84 percent versus 3.87 percent and the 2-year Treasury rate at 3.71 percent versus 3.76 percent. Shorter maturities eased as well, with the 1-year yield slipping from 3.68 percent to 3.64 percent and the 6-month rate from 3.74 percent to 3.69 percent.

Compared with last Friday, declines were broad. The 30-year fell from 4.91 percent to 4.88 percent, and the 10-year dropped from 4.31 percent to 4.26 percent, with most of that move coming Thursday as the rate fell from 4.32 percent. The 5-year yield came in at 3.84 percent versus 3.94 percent a week ago, while the 7-year declined to 4.04 percent from 4.12 percent. The 2-year rate settled at 3.71 percent, lower than 3.81 percent last Friday, and the 3-year at 3.72 percent versus 3.80 percent. The 3-month rate stood at 3.70 percent and the 4-week Treasury bill rate at 3.69 percent.

On Friday, the 30-year Treasury yield closed at 4.88 percent after reaching 4.93 percent on Thursday. The 10-year Treasury rate finished at 4.26 percent and the 20-year at 4.85 percent, leaving the 30-year slightly above that maturity; the spread was wider a week ago. The gap between the 2-year and 10-year Treasury yields widened to 55 from 50 last Friday. Overall, the Treasury yield curve remains steeper than a month earlier, when the 2-year stood at 3.76 percent and intermediate yields were higher relative to long rates.