As of October 16, 2024, the yield for a ten-year U.S. government bond was 4.04 percent, while the yield for a two-year bond was 3.96 percent. This represents an inverted yield curve, whereby bonds of longer maturities provide a lower yield, reflecting investors' expectations for a decline in long-term interest rates. Hence, making long-term debt holders open to more risk under the uncertainty around the condition of financial markets in the future. That markets are uncertain can be seen by considering both the short-term fluctuations, and the long-term downward trend, of the yields of U.S. government bonds from 2006 to 2021, before the treasury yield curve increased again significantly in 2022 and 2023. What are government bonds? Government bonds, otherwise called ‘sovereign’ or ‘treasury’ bonds, are financial instruments used by governments to raise money for government spending. Investors give the government a certain amount of money (the ‘face value’), to be repaid at a specified time in the future (the ‘maturity date’). In addition, the government makes regular periodic interest payments (called ‘coupon payments’). Once initially issued, government bonds are tradable on financial markets, meaning their value can fluctuate over time (even though the underlying face value and coupon payments remain the same). Investors are attracted to government bonds as, provided the country in question has a stable economy and political system, they are a very safe investment. Accordingly, in periods of economic turmoil, investors may be willing to accept a negative overall return in order to have a safe haven for their money. For example, once the market value is compared to the total received from remaining interest payments and the face value, investors have been willing to accept a negative return on two-year German government bonds between 2014 and 2021. Conversely, if the underlying economy and political structures are weak, investors demand a higher return to compensate for the higher risk they take on. Consequently, the return on bonds in emerging markets like Brazil are consistently higher than that of the United States (and other developed economies). Inverted yield curves When investors are worried about the financial future, it can lead to what is called an ‘inverted yield curve’. An inverted yield curve is where investors pay more for short term bonds than long term, indicating they do not have confidence in long-term financial conditions. Historically, the yield curve has historically inverted before each of the last five U.S. recessions. The last U.S. yield curve inversion occurred at several brief points in 2019 – a trend which continued until the Federal Reserve cut interest rates several times over that year. However, the ultimate trigger for the next recession was the unpredicted, exogenous shock of the global coronavirus (COVID-19) pandemic, showing how such informal indicators may be grounded just as much in coincidence as causation.
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United States FRBOP Forecast: YS: Moody's Aaa over 10Yr Tbonds: Mean: Plus 1 Qtr data was reported at 1.093 % in Jun 2018. This records a decrease from the previous number of 1.149 % for Mar 2018. United States FRBOP Forecast: YS: Moody's Aaa over 10Yr Tbonds: Mean: Plus 1 Qtr data is updated quarterly, averaging 1.406 % from Mar 1992 (Median) to Jun 2018, with 106 observations. The data reached an all-time high of 2.290 % in Mar 2009 and a record low of 0.734 % in Jun 2007. United States FRBOP Forecast: YS: Moody's Aaa over 10Yr Tbonds: Mean: Plus 1 Qtr data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s USA – Table US.M006: Treasury Bills Rates: Forecast: Federal Reserve Bank of Philadelphia.
Of the largest economies by GDP, the United States saw the sharpest fall in absolute terms for 10-year government bond yields due to the coronavirus (COVID-19) pandemic. From a level of 1.51 percent in January 2020, yields on 10-year government bonds fell to 0.65 percent by April 2020, and had further fallen to 0.53 percent by July 2020 before starting to recover towards the end of the year. Conversely, countries that went into 2020 with already low bond yields like Japan, Germany and France actually saw a small increase in March 2020 - although these already low yields mean that these small changes are significant in relative terms. As of December 2024, the countries with the highest 10-year yields are the United Kingdom, the United States and Australia with 4.66, 4.54 and 4.46 percent, respectively.
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United States FRBOP: Ann YS: 10Yr TBonds over 3Mos TBills: Mean: Current Plus 1 Yr data was reported at 0.918 % in Jun 2018. This records a decrease from the previous number of 0.977 % for Mar 2018. United States FRBOP: Ann YS: 10Yr TBonds over 3Mos TBills: Mean: Current Plus 1 Yr data is updated quarterly, averaging 1.903 % from Mar 1992 (Median) to Jun 2018, with 106 observations. The data reached an all-time high of 3.473 % in Dec 1992 and a record low of -0.089 % in Dec 2000. United States FRBOP: Ann YS: 10Yr TBonds over 3Mos TBills: Mean: Current Plus 1 Yr data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s USA – Table US.M006: Treasury Bills Rates: Forecast: Federal Reserve Bank of Philadelphia.
U.S. ten-year government bonds have provided significantly higher yields compared to German ten-year bonds since 2008, with the former yielding 4.36 percent in November 2024 compared to 2.31 percent for the latter. Being safe but low-return investments, treasury bond yields are generally considered an indicator of investor confidence about the economy. A rising yield indicates falling rates and falling demand, meaning that investors prefer to invest in higher-risk, higher-reward investments; a falling yield suggests the opposite.
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Graph and download economic data for Moody's Seasoned Baa Corporate Bond Yield Relative to Yield on 10-Year Treasury Constant Maturity (BAA10Y) from 1986-01-02 to 2025-03-25 about Baa, spread, 10-year, maturity, bonds, Treasury, yield, corporate, interest rate, interest, rate, and USA.
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United States FRBOP: Ann Yield Spread: Moody's Aaa over 10Yr Tbonds: Mean: Current data was reported at 1.058 % in Jun 2018. This records a decrease from the previous number of 1.148 % for Mar 2018. United States FRBOP: Ann Yield Spread: Moody's Aaa over 10Yr Tbonds: Mean: Current data is updated quarterly, averaging 1.442 % from Mar 1992 (Median) to Jun 2018, with 106 observations. The data reached an all-time high of 2.250 % in Jun 2009 and a record low of 0.734 % in Jun 2007. United States FRBOP: Ann Yield Spread: Moody's Aaa over 10Yr Tbonds: Mean: Current data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s USA – Table US.M006: Treasury Bills Rates: Forecast: Federal Reserve Bank of Philadelphia.
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Japan 10Y Bond Yield was 1.59 percent on Thursday March 27, according to over-the-counter interbank yield quotes for this government bond maturity. Japan 10 Year Government Bond Yield - values, historical data, forecasts and news - updated on March of 2025.
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Russia 10Y Bond Yield was 15.01 percent on Wednesday March 26, according to over-the-counter interbank yield quotes for this government bond maturity. Russia 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on March of 2025.
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United States FRBOP Forecast: YS: 10Yr TBonds over 3Mo Tbills: Mean: Plus 2 Qtrs data was reported at 1.084 % in Jun 2018. This records a decrease from the previous number of 1.161 % for Mar 2018. United States FRBOP Forecast: YS: 10Yr TBonds over 3Mo Tbills: Mean: Plus 2 Qtrs data is updated quarterly, averaging 2.015 % from Mar 1992 (Median) to Jun 2018, with 106 observations. The data reached an all-time high of 3.532 % in Dec 1992 and a record low of -0.124 % in Dec 2000. United States FRBOP Forecast: YS: 10Yr TBonds over 3Mo Tbills: Mean: Plus 2 Qtrs data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s USA – Table US.M006: Treasury Bills Rates: Forecast: Federal Reserve Bank of Philadelphia.
The flooding extent polygons are based on wave-driven total water levels for the coral reef-lined coast of Florida. The wave and sea level conditions were propagated using the XBeach open-source model (available at https://oss.deltares.nl/web/xbeach) over 100-m spaced shore-normal transects modified to account for base, mean elevation, and mean erosion scenarios. The impact of future coral reef degradation on coastal protection was examined for two different seafloor elevation-change scenarios based on DEM projections of the study area out 100 years from 2001 using either 1) historical rates of mean elevation-change as a conservative change model, or 2) historical rates of mean erosion. Methods describing the generation of the 'mean elevation' and 'mean erosion' scenarios are described in detail in Yates and others (2018, 2019a, and 2019b). The greater colonization results in higher rugosity and thus hydrodynamic roughness via friction and was parameterized per van Dongeren and others (2013) and Quataert and others (2015). Where the locations along each transect were coincident with one of the damage-assessment locations, a reduction in roughness, and/or an increase in profile depth were applied. The changes to bathymetry and roughness were then carried on to each XBeach model run to ascertain the change in flooding during large storm events due to the projected reef degradation. These flood extents can be combined with economic, ecological, and engineering tools to provide a rigorous financial valuation of the projected future coastal protection benefits of Florida’s coral reefs.
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Germany 10Y Bond Yield was 2.79 percent on Thursday March 27, according to over-the-counter interbank yield quotes for this government bond maturity. Germany 10-Year Bond Yield - values, historical data, forecasts and news - updated on March of 2025.
As of December 30, 2024, the major economy with the highest yield on 10-year government bonds was Turkey, with a yield of 27.38 percent. This is due to the risks investors take when investing in Turkey, notably due to high inflation rates potentially eradicating any profits made when using a foreign currency to investing in securities denominated in Turkish lira. Of the major developed economies, United States had one the highest yield on 10-year government bonds at this time with 4.59 percent, while Switzerland had the lowest at 0.27 percent. How does inflation influence the yields of government bonds? Inflation reduces purchasing power over time. Due to this, investors seek higher returns to offset the anticipated decrease in purchasing power resulting from rapid price rises. In countries with high inflation, government bond yields often incorporate investor expectations and risk premiums, resulting in comparatively higher rates offered by these bonds. Why are government bond rates significant? Government bond rates are an important indicator of financial markets, serving as a benchmark for borrowing costs, interest rates, and investor sentiment. They affect the cost of government borrowing, influence the price of various financial instruments, and serve as a reflection of expectations regarding inflation and economic growth. For instance, in financial analysis and investing, people often use the 10-year U.S. government bond rates as a proxy for the longer-term risk-free rate.
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United States FRBOP Forecast: YS: Moody's Baa over 10Yr Tbonds: Mean: Plus 1 Qtr data was reported at 1.819 % in Jun 2018. This records a decrease from the previous number of 1.823 % for Mar 2018. United States FRBOP Forecast: YS: Moody's Baa over 10Yr Tbonds: Mean: Plus 1 Qtr data is updated quarterly, averaging 2.696 % from Mar 2010 (Median) to Jun 2018, with 34 observations. The data reached an all-time high of 3.231 % in Mar 2016 and a record low of 1.819 % in Jun 2018. United States FRBOP Forecast: YS: Moody's Baa over 10Yr Tbonds: Mean: Plus 1 Qtr data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s USA – Table US.M006: Treasury Bills Rates: Forecast: Federal Reserve Bank of Philadelphia.
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Hong Kong 10Y Bond Yield was 3.54 percent on Wednesday March 26, according to over-the-counter interbank yield quotes for this government bond maturity. Hong Kong 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on March of 2025.
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India 10Y Bond Yield was 6.60 percent on Wednesday March 26, according to over-the-counter interbank yield quotes for this government bond maturity. India 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on March of 2025.
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Graph and download economic data for ICE BofA 7-10 Year US Corporate Index Total Return Index Value (BAMLCC4A0710YTRIV) from 1992-06-30 to 2025-03-24 about 7 to 10 years, return, corporate, indexes, and USA.
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When using this data file, refer to Rasmussen, Vinther, Clausen, Andersen, 2007. The construction of the GICC05 time scale in the 7.85-14.65 kyr BP time interval is described in Rasmussen et al., 2006
Browse 10-Year T-Note Futures (ZN) market data. Get instant pricing estimates and make batch downloads of binary, CSV, and JSON flat files.
The CME Group Market Data Platform (MDP) 3.0 disseminates event-based bid, ask, trade, and statistical data for CME Group markets and also provides recovery and support services for market data processing. MDP 3.0 includes the introduction of Simple Binary Encoding (SBE) and Event Driven Messaging to the CME Group Market Data Platform. Simple Binary Encoding (SBE) is based on simple primitive encoding, and is optimized for low bandwidth, low latency, and direct data access. Since March 2017, MDP 3.0 has changed from providing aggregated depth at every price level (like CME's legacy FAST feed) to providing full granularity of every order event for every instrument's direct book. MDP 3.0 is the sole data feed for all instruments traded on CME Globex, including futures, options, spreads and combinations. Note: We classify exchange-traded spreads between futures outrights as futures, and option combinations as options.
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France 10Y Bond Yield was 3.46 percent on Thursday March 27, according to over-the-counter interbank yield quotes for this government bond maturity. France 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on March of 2025.
As of October 16, 2024, the yield for a ten-year U.S. government bond was 4.04 percent, while the yield for a two-year bond was 3.96 percent. This represents an inverted yield curve, whereby bonds of longer maturities provide a lower yield, reflecting investors' expectations for a decline in long-term interest rates. Hence, making long-term debt holders open to more risk under the uncertainty around the condition of financial markets in the future. That markets are uncertain can be seen by considering both the short-term fluctuations, and the long-term downward trend, of the yields of U.S. government bonds from 2006 to 2021, before the treasury yield curve increased again significantly in 2022 and 2023. What are government bonds? Government bonds, otherwise called ‘sovereign’ or ‘treasury’ bonds, are financial instruments used by governments to raise money for government spending. Investors give the government a certain amount of money (the ‘face value’), to be repaid at a specified time in the future (the ‘maturity date’). In addition, the government makes regular periodic interest payments (called ‘coupon payments’). Once initially issued, government bonds are tradable on financial markets, meaning their value can fluctuate over time (even though the underlying face value and coupon payments remain the same). Investors are attracted to government bonds as, provided the country in question has a stable economy and political system, they are a very safe investment. Accordingly, in periods of economic turmoil, investors may be willing to accept a negative overall return in order to have a safe haven for their money. For example, once the market value is compared to the total received from remaining interest payments and the face value, investors have been willing to accept a negative return on two-year German government bonds between 2014 and 2021. Conversely, if the underlying economy and political structures are weak, investors demand a higher return to compensate for the higher risk they take on. Consequently, the return on bonds in emerging markets like Brazil are consistently higher than that of the United States (and other developed economies). Inverted yield curves When investors are worried about the financial future, it can lead to what is called an ‘inverted yield curve’. An inverted yield curve is where investors pay more for short term bonds than long term, indicating they do not have confidence in long-term financial conditions. Historically, the yield curve has historically inverted before each of the last five U.S. recessions. The last U.S. yield curve inversion occurred at several brief points in 2019 – a trend which continued until the Federal Reserve cut interest rates several times over that year. However, the ultimate trigger for the next recession was the unpredicted, exogenous shock of the global coronavirus (COVID-19) pandemic, showing how such informal indicators may be grounded just as much in coincidence as causation.