Treasury Yields Little Changed, 30-Year Yield at 5.28% (Aug 18, 2026)

A three-tick drop in the 30-year Treasury yield marks the largest single-day move in Tuesday's data, with the long bond easing to 5.28 percent from 5.31 percent on August 17. The 20-year Treasury yield also slipped, falling to 5.28 percent from 5.30 percent. Despite that daily retreat, the 30-year rate stands higher than its 5.24 percent level one week ago, and the 20-year rate sits above its 5.25 percent reading from last Tuesday.

Elsewhere on the Treasury yield curve, most maturities edged lower against the prior session. The 10-year Treasury rate moved down to 4.71 percent from 4.72 percent, though it remains a tick above the 4.70 percent recorded a week ago. The 2-year Treasury rate held at 4.19 percent, below its 4.22 percent level from August 11, while the 3-year rate eased to 4.26 percent from 4.25 percent on Monday. The 4-week Treasury bill rate declined to 3.78 percent from 3.79 percent, and the 1-year rate slipped to 3.99 percent from 4.00 percent.

Measured over a month, the long end has climbed sharply. The 30-year rate has risen from 5.06 percent on July 19, the 20-year rate from 5.07 percent, and the 10-year rate from 4.55 percent. Against one year ago, the 10-year Treasury rate is above its 4.34 percent level from August 18, 2025, and the 30-year rate exceeds its year-ago 4.94 percent. The curve slopes upward from the front end through the 10-year point, with the 20-year and 30-year rates now equal at 5.28 percent, having been a tick apart last week and level at 5.05 percent and 5.05 percent 30 days ago per the original record. No inversions appear in today's data.