Treasury Yields Little Changed, 30-Year Yield at 4.90% (Apr 22, 2026)

Short-term Treasury rates were mixed on Wednesday. The 4-week Treasury bill rate slipped to 3.68 percent from 3.72 percent a week ago, and the 2-month rate moved lower to 3.7 percent from 3.74 percent. The 6-week bill stood at 3.71 percent, while the 3-month and 4-month bills each sat at 3.69 percent. The 6-month rate was 3.72 percent, unchanged from a week ago but higher than the 3.68 percent level of 30 days ago. The 1-year Treasury rate held at 3.69 percent, down from 3.7 percent last week.

Longer maturities moved higher. The 2-year Treasury rate climbed to 3.79 percent from 3.76 percent, and the 3-year rose to 3.81 percent from 3.79 percent. The 5-year reached 3.91 percent versus 3.9 percent, and the 7-year advanced to 4.1 percent from 4.08 percent. The 10-year Treasury yield held steady at 4.3 percent, up only modestly from 4.29 percent a week ago. The 20-year Treasury yield stayed at 4.87 percent, while the 30-year Treasury yield rose to 4.9 percent from 4.89 percent, its highest level in recent weeks.

Compared with 30 days ago, the 2-year Treasury rate is lower at 3.79 percent versus 3.83 percent, and the 10-year Treasury yield is lower at 4.3 percent versus 4.34 percent. The Treasury yield curve remains inverted at the short end, with the 2-year yield above the 10-year yield. A year ago, the 30-year Treasury yield stood at 4.88 percent and the 4-week bill rate at 4.33 percent, leaving most maturities below their year-earlier levels.