5-Year Yield Rises 5 bps to 4.07% (May 11, 2026)

The 2-year Treasury rate posted the largest single move, rising to 3.95 percent from 3.90 percent at the prior business day. Against one week ago, however, the 2-year Treasury yield sits unchanged at 3.95 percent. Elsewhere versus Friday, the 30-year Treasury yield moved higher to 4.98 percent from 4.95 percent, the 20-year rate climbed to 4.97 percent from 4.93 percent, and the 10-year Treasury yield advanced to 4.42 percent from 4.38 percent.

Measured week over week, the long end moved lower. The 30-year Treasury rate stands at 4.98 percent, down from 5.02 percent last Monday, while the 20-year rate slipped from 5.01 percent to 4.97 percent. The 10-year Treasury rate fell to 4.42 percent from 4.45 percent, the 7-year rate declined to 4.24 percent from 4.26 percent, and the 5-year Treasury yield eased to 4.07 percent from 4.08 percent. The 3-year rate sits at 3.96 percent versus 3.98 percent. Short maturities held steady, with the 4-week Treasury bill rate unchanged at 3.71 percent and the 3-month rate at 3.70 percent.

Over the past month, the 30-year Treasury yield has risen from 4.91 percent to 4.98 percent, and the 10-year Treasury rate climbed from 4.31 percent to 4.42 percent. The 2-year Treasury rate moved from 3.81 percent to 3.95 percent, the 3-year rate from 3.80 percent to 3.96 percent, and the 5-year Treasury yield from 3.94 percent to 4.07 percent. The 1-year rate advanced from 3.70 percent to 3.79 percent, and the 4-month rate from 3.69 percent to 3.77 percent. The Treasury yield curve slopes upward from 3.69 percent at two months to 4.98 percent at 30 years, with no inversions, and has steepened as intermediate maturities rose more sharply than the long end over the month.