3-Year Yield Falls 5 bps to 4.18% (Jul 15, 2026)

Quiet trading marked the shortest and longest maturities of the Treasury yield curve on Wednesday. The 2-month Treasury bill rate held at 3.82 percent, unchanged from the prior session, while the 4-week Treasury bill rate also stayed put at 3.73 percent. At the long end, the 20-year Treasury yield stood at 5.07 percent and the 30-year Treasury yield at 5.08 percent, both steady day over day.

Exceptions appeared elsewhere on the curve. The 6-week rate ticked up to 3.76 percent from 3.75 percent, and the 4-month rate eased to 3.89 percent from 3.91 percent. Middle maturities moved more decisively lower: the 1-year Treasury rate fell to 3.97 percent from 4.02 percent, the 2-year Treasury yield declined to 4.13 percent from 4.18 percent, the 3-year slipped to 4.18 percent from 4.23 percent, and the 5-year dropped to 4.26 percent from 4.31 percent. The 7-year rate came down to 4.39 percent from 4.44 percent, and the 10-year Treasury yield finished at 4.55 percent after sitting at 4.58 percent a day earlier.

Compared with one week ago, the 30-year Treasury yield is higher at 5.08 percent versus 5.06 percent, while the 10-year Treasury rate is lower at 4.55 percent versus 4.56 percent. Against levels from 30 days prior, every maturity quoted above is higher: the 3-month rate went from 3.79 percent to 3.83 percent, the 6-month from 3.81 percent to 3.93 percent, the 2-year from 4.07 percent to 4.13 percent, the 20-year from 4.97 percent to 5.07 percent, and the 30-year from 4.97 percent to 5.08 percent. The curve remains inverted through the 7-year point, with the 2-year below the 10-year, and rises from there to the 20-year at 5.07 percent before edging to the 30-year at 5.08 percent.