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2-Year Yield Rises 7 bps to 4.25% (Aug 6, 2026)

Middle maturities moved higher across the board on Thursday, August 6, 2026. The 2-year Treasury rate sits at 4.25 percent, up from 4.23 percent one week ago and 4.18 percent yesterday. The 3-year rate stands at 4.31 percent versus 4.30 percent a week ago, while the 5-year rate climbed to 4.40 percent from 4.38 percent. The 7-year rate edged up to 4.53 percent from 4.52 percent last week and 4.47 percent the prior session.

At the wings, the 10-year Treasury rate is at 4.69 percent, higher than 4.68 percent seven days ago and 4.63 percent yesterday. The 30-year Treasury yield holds at 5.22 percent, up from 5.21 percent a week ago and 5.17 percent yesterday, matching the 20-year rate at 5.22 percent. Shorter maturities were little changed: the 3-month rate is 3.90 percent versus 3.82 percent last week, the 6-month rate 3.99 percent versus 3.98 percent, and the 4-week Treasury bill rate 3.80 percent.

Over 30 days, gains were broad. The 10-year Treasury rate rose from 4.55 percent, the 30-year Treasury yield from 5.05 percent, the 2-year rate from 4.19 percent, and the 20-year rate from 5.05 percent. Against one year ago, the 10-year rate is higher at 4.69 percent versus 4.22 percent, and the 30-year yield at 5.22 percent versus 4.81 percent. The Treasury yield curve slopes upward today with no inversions; last week the 30-year rate sat below the 20-year at 5.21 percent versus 5.22 percent, a pattern that has since disappeared.

Yield Curve

4WK
3.80%
6WK
3.80%
2MO
3.84%
3MO
3.90%
4MO
3.92%
6MO
3.99%
1YR
4.06%
2YR
4.25%
3YR
4.31%
5YR
4.40%
7YR
4.53%
10YR
4.69%
20YR
5.22%
30YR
5.22%