10-Year Yield Falls 9 bps to 5.10% (Oct 15, 2026)

The 30-year Treasury yield sits at 5.43% today, October 15, 2026, down from 5.52% on Wednesday and 5.60% one week ago. The 20-year Treasury yield also slipped, landing at 5.48% after finishing yesterday at 5.57%. Long-end rates have eased back over the past several sessions even as shorter maturities held steadier. That pullback at the long end stands out as the most notable shift on the curve this week.

Across the broader curve, the 10-year Treasury rate fell to 5.10% from 5.19% yesterday and 5.22% last week. The 2-year Treasury rate moved down to 4.77% from 4.82% a day earlier, though it remains slightly above its 4.75% level from seven days ago. Shorter bills were mixed, with the 4-week rate ticking up to 4.17% while the 6-month rate eased to 4.35%. The 5-year and 7-year yields also declined, settling at 4.91% and 5.00% respectively.

Compared with 30 days ago, the whole curve is higher. The 30-year Treasury yield has climbed 7 basis points' worth of ground from 5.36% on September 15, and the 20-year is up from 5.40% to 5.48%. The 10-year Treasury rate has risen from 5.00% to 5.10% over the month, while the 2-year Treasury rate advanced from 4.67% to 4.77%. Against one year ago, today's 10-year rate is well above its October 2025 level of 4.05%, and the 30-year yield is similarly higher than the 4.64% recorded then.

The Treasury yield curve remains upward sloping from the short end through the 20-year point, where the 5.48% rate marks the highest yield on the curve. The 30-year Treasury yield, at 5.43%, sits below the 20-year, leaving a slight dip at the longest maturity. A week ago the same relationship held, with the 20-year at 5.64% above the 30-year at 5.60%. Thirty days ago the gap was narrower but still present, at 5.40% versus 5.36%. No part of the curve is inverted today, and that was also true last week and one month ago.