3-Month Bill Rate Rises 9 bps to 3.78% (Jun 1, 2026)

A 9 basis point jump... wait, no units. The 3-month Treasury rate posted the largest single-day move on the curve Monday, climbing to 3.78 percent from 3.69 percent at the prior close. The 2-year Treasury rate followed closely, rising to 4.05 percent from 3.98 percent, while the 3-year rate advanced to 4.09 percent from 4.06 percent. The 4-month rate moved to 3.80 percent from 3.78 percent, and the 2-month rate rose to 3.73 percent from 3.71 percent. Only the 4-week Treasury bill rate at 3.72 percent and the 6-week rate at 3.71 percent ended unchanged.

Elsewhere on the Treasury yield curve, the 5-year rate reached 4.18 percent from 4.13 percent and the 7-year rate climbed to 4.32 percent from 4.27 percent. The 10-year Treasury yield ticked higher to 4.47 percent from 4.45 percent, and the 20-year rate edged up to 4.99 percent from 4.98 percent. The 1-year rate rose to 3.83 percent from 3.79 percent, while the 6-month rate settled at 3.79 percent after 3.78 percent. The 30-year Treasury yield held steady at 4.99 percent, matching Friday's close and the 20-year level.

Measured over the past month, the 3-year rate shows the largest gain, moving from 3.91 percent to 4.09 percent, and the 2-year Treasury rate advanced from 3.88 percent to 4.05 percent. The 10-year Treasury rate rose from 4.39 percent to 4.47 percent, and the 30-year moved from 4.97 percent to 4.99 percent. A year earlier, the 30-year Treasury yield stood at 4.92 percent and the 2-year rate at 3.89 percent, so the 2-year now sits above that level while longer maturities have also shifted higher. The 3-month rate at 3.78 percent currently sits just below the 6-month rate at 3.79 percent.