Treasury Yields Little Changed, 4-Week Bill Rate at 3.72% (Apr 30, 2026)

The 20-year Treasury yield posted the largest move on the curve, rising to 4.97 percent from 4.90 percent one week earlier, a gain of seven hundredths of a percent. Thursday's close left the long bond just one hundredth below the 30-year Treasury yield, which ended at 4.98 percent, up from 4.92 percent a week ago. The 7-year rate matched the 20-year's weekly gain, climbing to 4.20 percent from 4.13 percent.

Elsewhere on the curve, the 10-year Treasury rate advanced to 4.40 percent from 4.34 percent, and the 5-year reached 4.02 percent from 3.96 percent. The 2-year Treasury rate ticked up to 3.88 percent from 3.83 percent. Compared with the prior session, most maturities eased: the 2-year fell from 3.92 percent, the 10-year from 4.42 percent, and the 5-year from 4.05 percent, while the 30-year and 20-year held steady. Short-term rates were mixed, with the 3-month holding at 3.68 percent and the 6-month at 3.71 percent.

Over the past month, longer maturities have gained while the front end slipped. The 30-year has risen from 4.88 percent on March 31, and the 10-year from 4.30 percent, while the 3-month fell from 3.70 percent and the 6-month from 3.72 percent. The Treasury yield curve shows an inversion at the short end, where the 4-week Treasury bill rate at 3.72 percent sits above the 3-month at 3.68 percent, and the 2-year at 3.88 percent stands above the 1-year at 3.72 percent. A year earlier, the 30-year Treasury yield stood at 4.66 percent and the 2-year at 3.60 percent.