5-Year Yield Rises 7 bps to 4.45% (Jul 31, 2026)

Rates on long-term Treasury securities moved higher over the past week while short-term rates declined. The 30-year Treasury yield rose to 5.27 percent from 5.16 percent, and the 20-year Treasury rate climbed to 5.28 percent from 5.18 percent. A week earlier, the 10-year Treasury yield stood at 4.69 percent; it now sits at 4.75 percent. The 7-year rate advanced to 4.59 percent from 4.55 percent, and the 5-year reached 4.45 percent from 4.43 percent.

Shorter maturities went the other direction. The 3-month Treasury bill rate fell to 3.83 percent from 3.96 percent, and the 6-month rate dropped to 3.98 percent from 4.08 percent. The 4-week Treasury bill rate eased to 3.78 percent from 3.80 percent. Meanwhile, the 2-year Treasury rate slipped to 4.28 percent from 4.33 percent, and the 1-year rate declined to 4.08 percent from 4.14 percent.

Compared with one year ago, rates are higher across most of the Treasury yield curve. The 10-year stood at 4.37 percent in July 2025 versus 4.75 percent now, the 30-year at 4.89 percent versus 5.27 percent, and the 2-year at 3.94 percent versus 4.28 percent. A year ago the 3-month rate was 4.41 percent, above its current 3.83 percent, while the 6-month rate was 4.31 percent versus 3.98 percent today. Over that span, the 20-year Treasury yield has risen from 4.89 percent to 5.28 percent, and the 4-week rate has declined from 4.49 percent to 3.78 percent.