3-Month Bill Rate Rises 8 bps to 3.91% (Aug 3, 2026)

Long maturities moved higher versus one week ago, with the 30-year Treasury yield rising from 5.12 percent to 5.23 percent as of Monday, August 3, 2026, and the 20-year rate easing from 5.28 percent on Friday to 5.23 percent. Short-term rates went the other way: the 4-week Treasury bill rate slipped from 3.80 percent to 3.79 percent, and the 6-week rate fell from 3.89 percent to 3.82 percent. Against Friday's close, the 30-year Treasury yield sits below its 5.27 percent level.

Elsewhere on the curve, the 10-year Treasury rate climbed to 4.70 percent from 4.65 percent a week ago, while the 2-year Treasury rate declined from 4.31 percent to 4.25 percent. The 3-year rate fell from 4.35 percent to 4.32 percent, the 1-year rate dropped from 4.14 percent to 4.07 percent, and the 5-year rate held at 4.40 percent; the 7-year rate ticked up from 4.52 percent to 4.54 percent. Measured over 30 days, the 30-year yield is up from 4.95 percent, the 10-year rate is up from 4.49 percent, and the 4-week rate moved from 3.70 percent to 3.79 percent. Compared with one year ago, the 10-year rate of 4.70 percent stands above the 4.23 percent recorded on August 1, 2025, and the 30-year yield of 5.23 percent exceeds the 4.81 percent from that date.

The Treasury yield curve is upward sloping today, running from 3.79 percent at the 4-week maturity to 4.70 percent at 10 years, with the 20-year and 30-year rates both at 5.23 percent. No inversions appear anywhere on the curve, since each maturity's rate sits at or above the rate of the maturity before it. A week ago the 20-year rate of 5.15 percent stood above the 30-year rate of 5.12 percent, and 30 days ago the 20-year rate of 4.99 percent was above the 30-year rate of 4.98 percent. Today the two long maturities are equal, leaving the long end flat at 5.23 percent.