20-Year Yield Rises 7 bps to 4.93% (Jun 30, 2026)

Long-dated maturities sit at the top of Tuesday's Treasury yield curve, with the 20-year Treasury yield at 4.93 percent and the 30-year Treasury rate at 4.91 percent. Both eased lower over the past week, from 4.96 percent and 4.94 percent respectively. A month ago the 20-year stood at 4.98 percent and the 30-year at 4.99 percent, and one year ago the two maturities printed 4.79 percent and 4.78 percent, so both remain above their year-earlier levels.

Intermediate rates also declined on the week. The 10-year Treasury yield dropped to 4.44 percent from 4.50 percent, the 7-year fell to 4.30 percent from 4.38 percent, and the 5-year Treasury rate slid to 4.19 percent from 4.27 percent. The 3-year stands at 4.15 percent and the 2-year Treasury rate at 4.14 percent, versus 4.22 percent and 4.16 percent a week ago. Measured from 4.14 percent to 4.44 percent, the 2-year to 10-year gap has narrowed to 30 from 34 a week ago and 54 a month ago.

At the front of the curve, bills moved higher. The 4-week Treasury bill rate rose to 3.70 percent from 3.65 percent, the 6-month climbed to 4.01 percent from 3.96 percent, and the 3-month rate advanced to 3.87 percent from 3.85 percent. The 1-year slipped to 3.98 percent from 4.01 percent, leaving it below the 3-month after sitting above it last week. Across four weeks the short end has strengthened, with the 3-month up from 3.69 percent and the 6-month up from 3.77 percent, while the 30-year Treasury rate has pulled back from 4.99 percent, flattening the curve from 3.87 percent at the short end to 4.91 percent at the long end.