Treasury Yields Little Changed, 2-Year Yield at 4.33% (Jul 24, 2026)

Steadiness on this date sat at the short front of the Treasury yield curve. The 2-month rate held at 3.95 percent and the 4-month rate stayed at 4.04 percent, both unchanged from the prior session. The 3-month rate moved only slightly, ticking up to 3.96 percent from 3.95 percent, while the 4-week Treasury bill rate slipped lower to 3.80 percent from 3.82 percent.

Away from those quiet maturities, longer tenors eased on the day. The 30-year Treasury yield finished at 5.16 percent, lower than the prior session's 5.17 percent, and the 20-year Treasury rate declined to 5.18 percent from 5.20 percent. The 10-year Treasury rate slipped to 4.69 percent from 4.71 percent, the 2-year Treasury rate fell to 4.33 percent from 4.37 percent, and the 1-year rate edged down to 4.14 percent from 4.15 percent. The 6-month rate also dipped to 4.08 percent from 4.09 percent.

Compared with one week earlier, every maturity on the curve stood higher. The 30-year Treasury yield rose from 5.06 percent to 5.16 percent, the 20-year rate climbed from 5.07 percent to 5.18 percent, and the 10-year Treasury rate advanced from 4.55 percent to 4.69 percent. The 2-year Treasury rate moved from 4.18 percent to 4.33 percent, the 5-year rate rose from 4.28 percent to 4.43 percent, and the 6-month rate gained from 3.96 percent to 4.08 percent. Against 30 days ago, the 30-year rate is up from 4.86 percent and the 1-year rate is up from 3.99 percent to 4.14 percent. The curve remains inverted, with the 2-year rate at 4.33 percent sitting below the 10-year rate at 4.69 percent, a spread that narrowed slightly from the prior week.