Treasury Yield Curve Analysis — September 9, 2026

The 30-year Treasury yield stands at 5.28 percent on Wednesday, September 9, 2026, up slightly from 5.27 percent one week ago. The long end of the Treasury yield curve has held steady in recent days, with the 30-year Treasury yield moving just one tick higher over the past week. Compared with yesterday, the 30-year rose from 5.25 percent to 5.28 percent. The 20-year Treasury rate also sits at 5.28 percent today, matching the 30-year exactly.

Across the broader curve, rates were higher at nearly every maturity compared with last week. The 10-year Treasury rate climbed to 4.83 percent from 4.79 percent, while the 2-year Treasury rate rose to 4.43 percent from 4.39 percent. Middle maturities moved higher as well, with the 5-year at 4.61 percent versus 4.54 percent a week ago and the 7-year at 4.71 percent versus 4.66 percent. The only decline was at the very front of the curve, where the 4-week bill slipped to 3.81 percent from 3.83 percent.

Over the past month, the entire Treasury yield curve has shifted higher. The 2-year Treasury rate is up from 4.22 percent on July 29 to 4.43 percent today, and the 10-year Treasury rate has risen from 4.67 percent to 4.83 percent. The move has been larger in the middle of the curve, with the 5-year up 24 hundredths from 4.37 percent to 4.61 percent and the 7-year up 20 hundredths from 4.51 percent to 4.71 percent. At the long end, the 30-year Treasury yield advanced from 5.20 percent to 5.28 percent, and short-term bills also moved up, with the 4-week rising from 3.73 percent to 3.81 percent.

The Treasury yield curve today slopes upward from 3.81 percent on the 4-week bill to 5.28 percent at the 20-year and 30-year points. There is one small dip along the curve, as the 6-month rate at 4.01 percent sits below the 4-month rate at 4.06 percent, and this same 4-month to 6-month inversion was also present last week when the rates were 4.02 percent and 4.00 percent. Thirty days ago, that dip was not present, with the 4-month at 3.91 percent and the 6-month at 3.97 percent. At the long end, the 20-year and 30-year rates are equal today at 5.28 percent, a flat spot that also appeared last week when both stood at 5.27 percent, while a month ago the 30-year was slightly above the 20-year at 5.20 percent versus 5.21 percent.