Treasury Yields Little Changed, 10-Year Yield at 4.65% (Jul 27, 2026)

At the front of the Treasury yield curve, the 2-year Treasury rate stands at 4.31 percent on Monday, higher than the 4.21 percent recorded one week earlier and the 4.07 percent from a month ago. From there the curve extends upward through the intermediate range: the 4-week Treasury bill rate sits at 3.80 percent, the 1-year rate is 4.14 percent, the 5-year rate is 4.40 percent, and the 10-year Treasury rate is 4.65 percent.

Weekly comparisons show increases across nearly every maturity. The 4-week Treasury bill rate climbed from 3.72 percent to 3.80 percent, the 6-week rate rose from 3.76 percent to 3.89 percent, and the 4-month rate advanced from 3.93 percent to 4.05 percent. The 1-year rate moved from 4.03 percent to 4.14 percent, while the 10-year Treasury rate climbed from 4.60 percent to 4.65 percent and the 20-year rate edged up from 5.12 percent to 5.15 percent. The 30-year Treasury yield stands at 5.12 percent, slightly above last Monday's 5.11 percent.

Over the past month, the 1-year rate jumped from 3.84 percent to 4.14 percent, the 6-month rate rose from 3.81 percent to 4.10 percent, and the 2-year Treasury rate advanced from 4.07 percent to 4.31 percent. The 10-year Treasury rate climbed from 4.47 percent to 4.65 percent, and the 20-year rate increased from 4.97 percent to 5.15 percent. The 20-year rate at 5.15 percent sits above the 30-year Treasury yield at 5.12 percent, a small inversion at the long end, while rates rise steadily from the 3-month level of 3.96 percent through the intermediate maturities.