5-Year Yield Falls 10 bps to 4.17% (Jun 24, 2026)

Measured against 30 days ago, long maturities have moved lower while short-term rates climbed. The 30-year Treasury yield fell from 5.07 percent on May 25 to 4.86 percent, and the 20-year Treasury rate declined from 5.06 percent to 4.87 percent. The 10-year Treasury rate dropped from 4.56 percent to 4.41 percent. At the short end, the 3-month Treasury bill rate rose from 3.68 percent to 3.85 percent, the 6-month rate advanced from 3.79 percent to 3.95 percent, and the 1-year rate climbed from 3.86 percent to 3.99 percent.

Over the past week, declines concentrated in intermediate and long maturities. The 5-year Treasury yield slid from 4.27 percent on June 17 to 4.17 percent, the steepest weekly move on the Treasury yield curve. The 2-year Treasury rate fell from 4.20 percent to 4.11 percent, the 3-year dropped from 4.23 percent to 4.15 percent, the 7-year eased from 4.37 percent to 4.28 percent, and the 20-year slipped from 4.95 percent to 4.87 percent. Short maturities were steadier: the 4-week Treasury bill rate edged from 3.68 percent to 3.66 percent, while the 1-year ticked up from 3.98 percent to 3.99 percent.

Today, the 4-week rate sits at 3.66 percent, the 2-year at 4.11 percent, the 5-year at 4.17 percent, the 10-year at 4.41 percent, and the 30-year at 4.86 percent. A notable shift has the 30-year below the 20-year at 4.87 percent, reversing last week's ordering. The 10-year remains beneath the 30-year, keeping that segment of the curve inverted. Against one year ago, the 10-year Treasury rate at 4.41 percent is higher than the 4.30 percent of June 2025, while the 2-year Treasury rate at 4.11 percent sits above the 3.75 percent recorded then.