2-Month Bill Rate Rises 9 bps to 3.81% (Jul 2, 2026)

At the long end of the Treasury yield curve, the 30-year Treasury yield stood at 4.98 percent on Thursday, higher than last week's 4.86 percent. The 20-year Treasury rate reached 4.99 percent, moving above the 30-year maturity. Compared with 30 days ago, both long rates are lower, with the 30-year at 4.97 percent and the 20-year at 4.97 percent on 2026-06-02. A year earlier, the 30-year Treasury yield stood at 4.82 percent and the 20-year at 4.84 percent.

Intermediate maturities also moved higher over the week. The 10-year Treasury rate climbed to 4.49 percent from 4.40 percent, while the 2-year Treasury yield rose to 4.14 percent from 4.09 percent. The 5-year rate sits at 4.23 percent, up from 4.15 percent a week ago. Over 30 days, the 10-year Treasury rate has slipped from 4.46 percent, and the 2-year Treasury yield has advanced from 4.05 percent. One year ago, the 10-year stood at 4.30 percent and the 2-year at 3.78 percent.

Shorter tenors show a mixed picture. The 3-month Treasury bill rate dipped to 3.82 percent from 3.84 percent a week ago, though it is higher than 3.77 percent 30 days ago. The 6-month rate holds at 3.98 percent, just above the 1-year rate at 3.96 percent, a slight inversion in that segment of the Treasury yield curve. The 4-week Treasury bill rate is at 3.70 percent, unchanged from last week. Bills remain well below year-ago levels, when the 3-month stood at 4.41 percent and the 4-week at 4.33 percent.