2-Year Yield Rises 5 bps to 4.21% (Jul 10, 2026)

Short-end Treasury rates finished mostly higher on 2026-07-10. The 4-week Treasury bill rate slipped to 3.71 percent from 3.72 percent, while the 6-week rate rose to 3.74 percent and the 2-month rate climbed to 3.81 percent from 3.79 percent. The 3-month Treasury bill rate moved to 3.85 percent from 3.83 percent, the 4-month rate advanced to 3.94 percent from 3.91 percent, and the 6-month rate reached 3.99 percent from 3.96 percent. At 4.06 percent, the 1-year Treasury rate sits higher than Thursday's 4.02 percent.

Longer maturities also moved up. The 2-year Treasury rate rose to 4.21 percent from 4.16 percent, the 3-year climbed to 4.22 percent from 4.18 percent, and the 5-year reached 4.30 percent versus 4.27 percent. Standing at 4.42 percent, the 7-year is higher than its prior 4.40 percent. The 10-year Treasury yield came in at 4.56 percent, above Thursday's 4.54 percent. At the long end, the 20-year rate sits at 5.08 percent and the 30-year Treasury yield finished at 5.06 percent, up from 5.05 percent. Because the July 4th holiday left no trading data for last Friday, Thursday of this week served as the most recent comparable.

Over the past month, rates have shifted higher across all maturities. The 30-year is at 5.06 percent compared with 4.99 percent thirty days ago, and the 10-year has climbed from 4.45 percent to 4.56 percent. The 2-year moved from 3.98 percent to 4.21 percent, while the 1-year rose from 3.79 percent to 4.06 percent. The 3-month went from 3.69 percent to 3.85 percent and the 6-month from 3.78 percent to 3.99 percent. The 5-year showed one of the larger moves, at 4.30 percent versus 4.13 percent previously. The Treasury yield curve remains inverted in segments, with the 2-year at 4.21 percent sitting above the 3-year at 4.22 percent and the 10-year at 4.56 percent, though the gap between the 2-year and 10-year has narrowed over the month. The short end has risen more sharply than the long end, and the 30-year now sits closer to the 10-year than it did a month ago.