Treasury Yields Little Changed, 10-Year Yield at 4.39% (May 1, 2026)

Measuring 3.88 percent, the 2-year Treasury rate held steady from the prior session and sits higher than the 3.78 percent recorded one week earlier. From there the Treasury yield curve steps upward through the maturities: the 3-year stands at 3.91 percent, the 5-year at 4.02 percent, the 7-year at 4.20 percent, and the 10-year Treasury yield at 4.39 percent. The 20-year finished at 4.96 percent, while the 30-year Treasury yield settled at 4.97 percent Friday, lower than the prior day's 4.98 percent but above last week's 4.91 percent.

Front-end bills showed little movement. The 4-week Treasury bill rate came in at 3.71 percent, matching the 6-week rate, and the 3-month rate held at 3.68 percent. The 6-month also stayed at 3.71 percent. Medium-term tenors moved higher over the week, with the 3-year rising from 3.80 percent, the 5-year from 3.92 percent, and the 7-year from 4.10 percent. The 10-year climbed from 4.31 percent a week ago, and the 20-year rose from 4.88 percent.

Over the past month, the 1-year Treasury yield slipped to 3.73 percent from 3.80 percent, and the 3-month rate declined from 3.74 percent. A month ago the 10-year stood at 4.33 percent; it now reads 4.39 percent. A year earlier, the 2-year was at 3.70 percent and the 30-year at 4.74 percent, leaving both maturities higher over twelve months. Front-end bills ranged between 3.68 percent and 3.76 percent on the day.