2-Year Yield Falls 7 bps to 4.17% (Aug 25, 2026)

At 5.17 percent, the 30-year Treasury yield is the highest rate on the curve on Tuesday, August 25, 2026, while the lowest sits at the front end, where the 6-week Treasury bill rate stands at 3.78 percent and the 4-week Treasury bill rate at 3.79 percent. Day to day, the long bond slipped from 5.23 percent on Monday and from 5.28 percent one week ago. The 10-year Treasury rate of 4.64 percent is lower than both Monday's 4.70 percent and last week's 4.71 percent. The 20-year yield fell from 5.21 percent to 5.16 percent, the 7-year from 4.55 percent to 4.48 percent, and the 5-year from 4.41 percent to 4.35 percent. The 2-year Treasury rate dropped from 4.24 percent to 4.17 percent and the 3-year from 4.31 percent to 4.25 percent. The 1-year declined from 4.04 percent to 4.01 percent, the 6-month from 3.96 percent to 3.95 percent, and the 3-month from 3.87 percent to 3.86 percent, while the 4-week and 6-week bills held steady.

Over the past month, the 30-year Treasury yield has risen from 5.08 percent on July 14 and the 10-year Treasury rate from 4.58 percent, while the 20-year climbed from 5.09 percent to 5.16 percent. The 2-year Treasury rate is slightly lower than 30 days ago, dipping from 4.18 percent to 4.17 percent, and the 1-year slipped from 4.02 percent to 4.01 percent. The 4-week bill rose from 3.73 percent to 3.79 percent over the same span. Compared with one year ago, the 10-year Treasury rate of 4.64 percent is higher than the 4.28 percent recorded on August 25, 2025, and the 30-year Treasury yield of 5.17 percent exceeds last year's 4.89 percent.

The Treasury yield curve is upward sloping across maturities, rising steadily from 3.79 percent at 4 weeks to 5.17 percent at 30 years. The 30-year yield sits just above the 20-year yield, at 5.17 percent versus 5.16 percent, whereas one week ago the two stood equal at 5.28 percent. Thirty days ago, the 30-year yield of 5.08 percent was below the 20-year yield of 5.09 percent. A second flat spot appears at the front end, where the 6-week yield of 3.78 percent is a hundredth below the 4-week yield of 3.79 percent; one week ago those two bills were equal, and 30 days ago the 6-week yield was above the 4-week yield. No other inversions appear on the curve today, compared with either last week or 30 days ago.