Treasury Yields Little Changed, 2-Year Yield at 3.98% (May 13, 2026)

Long-end rates finished Wednesday at the top of the Treasury market, with the 30-year Treasury yield at 5.03 percent and the 20-year Treasury yield matching it at 5.03 percent. The 30-year sits higher than its 4.94 percent level of one week ago and its 4.90 percent reading thirty days ago. The 20-year Treasury rate has climbed from 4.92 percent a week earlier and 4.88 percent a month ago. Both long maturities now stand above every other point on the Treasury yield curve.

Moving inward, the 10-year Treasury rate printed 4.46 percent, compared with 4.36 percent last week and 4.30 percent a month ago. The 7-year climbed to 4.28 percent from 4.17 percent, and the 5-year rose to 4.12 percent from 3.99 percent. Middle maturities moved higher as well: the 3-year sits at 4.00 percent versus 3.89 percent a week ago, while the 2-year Treasury rate advanced to 3.98 percent from 3.87 percent and from 3.78 percent a month ago. The 1-year yield is 3.79 percent, up from 3.73 percent one week ago, and the 6-month holds at 3.77 percent.

Shorter maturities showed smaller changes. The 4-week Treasury bill rate stands at 3.71 percent, and the 6-week also sits at 3.71 percent; the 3-month rate is 3.69 percent and the 2-month is 3.70 percent. The 4-month yield is 3.76 percent, higher than its 3.75 percent level last week. Compared with a month ago, the 4-week is higher than its 3.69 percent April reading, while the 3-month has slipped from 3.71 percent. The curve remains inverted at the very short end, with bills yielding slightly more than the 2-month and 3-month, though that inversion has narrowed. From the 2-year outward, the Treasury yield curve tilts upward, with a 2-year to 30-year gap of about 1.05 percent.