10-Year Yield Rises 5 bps to 4.68% (Aug 14, 2026)

Short-term maturities were the steadiest part of the Treasury yield curve on Friday, August 14, 2026. The 4-week Treasury bill rate held at 3.79 percent for a third straight week, the 2-month rate sat at 3.81 percent, and the 4-month rate stayed at 3.88 percent. The 6-week rate edged up to 3.80 percent from 3.79 percent, and the 3-month rate slipped to 3.86 percent from 3.87 percent, leaving the front end largely unchanged.

Notable exceptions appeared further out. The 2-year Treasury rate fell to 4.17 percent from 4.19 percent a week ago, while the 10-year Treasury rate rose to 4.68 percent from 4.65 percent. The 30-year Treasury yield climbed to 5.25 percent from 5.19 percent, the largest weekly gain among the long maturities, after closing at 5.21 percent on Thursday. The 5-year rate reached 4.36 percent from 4.35 percent and the 7-year rate 4.51 percent from 4.49 percent. The 20-year yield matched the long bond at 5.25 percent, up from 5.20 percent.

A year-over-year comparison shows the 10-year Treasury rate 39 hundredths of a percent above the 4.29 percent of August 14, 2025, and the 30-year Treasury yield 37 hundredths above 4.88 percent. The 2-year Treasury rate sits higher than last year's 3.74 percent, while the 4-week bill is down from 4.48 percent. A 30-day comparison is unavailable because the Treasury did not publish data for the corresponding date one month ago. The curve slopes upward from 3.79 percent at 4 weeks to 5.25 percent at 30 years, with no inversions, and the gap between the 2-year and 10-year rates stands at 51 hundredths of a percent versus 46 hundredths a week ago.