Back to summaries

4-Month Bill Rate Rises 5 bps to 4.02% (Sep 2, 2026)

Rates across the Treasury market moved higher versus one week ago, with the 30-year Treasury yield climbing from 5.18 percent to 5.27 percent and the 10-year Treasury rate rising from 4.66 percent to 4.79 percent. Shorter maturities advanced as well: the 2-year Treasury rate went from 4.19 percent to 4.39 percent, the 3-year rate from 4.29 percent to 4.45 percent, the 5-year rate from 4.37 percent to 4.54 percent, and the 7-year rate from 4.51 percent to 4.66 percent. At the front end, the 4-week Treasury bill rate edged up from 3.80 percent to 3.83 percent, the 3-month rate from 3.85 percent to 3.92 percent, and the 1-year rate from 4.02 percent to 4.16 percent. The 20-year rate rose from 5.17 percent to 5.27 percent.

Current levels on Wednesday, September 2, 2026, show the 30-year Treasury yield at 5.27 percent, unchanged from the prior session, with the 10-year Treasury rate at 4.79 percent and the 2-year Treasury rate at 4.39 percent. The 6-week bill stands at 3.87 percent, the 2-month rate at 3.89 percent, and the 4-month rate at 4.02 percent. Compared with 30 days ago, the 10-year rate is up from 4.70 percent and the 30-year yield is up from 5.23 percent, while the 2-year rate moved from 4.25 percent to 4.39 percent. One year ago, on September 2, 2025, the 10-year rate stood at 4.28 percent and the 30-year yield at 4.97 percent.

The Treasury yield curve is mostly upward sloping, running from 3.83 percent at 4 weeks to 5.27 percent at both 20 and 30 years. One inversion is present: the 4-month rate of 4.02 percent sits above the 6-month rate of 4.00 percent, a gap of 0.02 percent that did not exist last week, when the 4-month rate was 3.88 percent against a 6-month rate of 3.94 percent. Thirty days ago the 4-month rate was 3.94 percent and the 6-month rate 4.02 percent, with no inversion. The 20-year and 30-year rates are equal today at 5.27 percent, whereas 30 days ago the 20-year rate of 5.23 percent exceeded the 30-year rate of 5.23 percent by no margin, both standing at that level.

Yield Curve

4WK
3.83%
6WK
3.87%
2MO
3.89%
3MO
3.92%
4MO
4.02%
6MO
4.00%
1YR
4.16%
2YR
4.39%
3YR
4.45%
5YR
4.54%
7YR
4.66%
10YR
4.79%
20YR
5.27%
30YR
5.27%