Graph and download economic data for Market Yield on U.S. Treasury Securities at 20-Year Constant Maturity, Quoted on an Investment Basis (WGS20YR) from 1962-01-05 to 2025-03-21 about 20-year, maturity, Treasury, interest rate, interest, rate, and USA.

US 20 Year Bond Yield was 4.72 percent on Wednesday March 26, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for US 20Y.

Japan 20 Year Bond Yield was 2.32 percent on Thursday March 27, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for Japan 20Y.

At the end of 2023, the yield on the 10-year U.S. Treasury bond was 3.96 percent. The highest yields could be observed in the early 1990s. What affects bond prices? The factors that play a big role in valuation and interest in government bonds are interest rate and inflation. If inflation is expected to be high, investors will demand a higher return on bonds. Country credit ratings indicate how stable the economy is and thus also influence the government bond prices. Risk and bonds Finally, when investors are worried about the bond issuer’s ability to pay at the end of the term, they demand a higher interest rate. For the U.S. Treasury, the vast majority of investors consider the investment to be perfectly safe. Ten-year government bonds from other countries show that countries seen as more risky have a higher bond return. On the other hand, countries in which investors do not expect economic growth have a lower yield.

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.

France 20 Year Bond Yield was 3.87 percent on Tuesday March 25, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for France 20Y.

At the end of 2024, the yield for a 30-year U.S. Treasury bond was 4.78 percent, slightly higher than the yields for bonds with short-term maturities. Bonds of longer maturities generally have higher yields as a reward for the uncertainty about the condition of financial markets in the future.

South Korea 20 Year Bond Yield was 2.71 percent on Thursday March 27, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for South Korea 20Y.

After to as low as low as 0.55 percent in July 2020, in the wake of the coronavirus outbreak, the yield on 10-year U.S treasury bonds increased considerably. As of June 2024, it reached 4.36 percent.

Graph and download economic data for Market Yield on U.S. Treasury Securities at 3-Month Constant Maturity, Quoted on an Investment Basis (DGS3MO) from 1981-09-01 to 2025-03-25 about bills, 3-month, maturity, Treasury, interest rate, interest, rate, and USA.

China Treasury Bond Yield: Primary Market: Interest-bearing Book-entry: 20 Year data was reported at 2.330 % pa in 15 Aug 2024. This records a decrease from the previous number of 2.490 % pa for 25 May 2024. China Treasury Bond Yield: Primary Market: Interest-bearing Book-entry: 20 Year data is updated daily, averaging 4.030 % pa from May 2005 (Median) to 15 Aug 2024, with 19 observations. The data reached an all-time high of 4.940 % pa in 11 Aug 2008 and a record low of 2.330 % pa in 15 Aug 2024. China Treasury Bond Yield: Primary Market: Interest-bearing Book-entry: 20 Year data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MF: MOF: Treasury Bond Yield: Primary Market: Daily.

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.

The monthly average yield on five, ten, and twenty-year nominal zero coupon British Government securities in the United Kingdom (UK) have all seen a continued decrease from December 2019 to July 2020. January 2021 saw a slight increase, progressing to October 2022 when yields reached a new high. At the end of December 2024, the monthly average yield of 20-year British Government Securities stood at 4.65 percent.

Russia 20 Year Bond Yield was 14.65 percent on Tuesday March 25, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for Russia 20Y.

United States Treasury Bonds Yield: Constant Maturity: Nominal: MA: 20 Years data was reported at 3.268 % pa in Nov 2018. This records an increase from the previous number of 3.266 % pa for Oct 2018. United States Treasury Bonds Yield: Constant Maturity: Nominal: MA: 20 Years data is updated monthly, averaging 5.120 % pa from Apr 1953 (Median) to Nov 2018, with 707 observations. The data reached an all-time high of 15.130 % pa in Oct 1981 and a record low of 1.823 % pa in Jul 2016. United States Treasury Bonds Yield: Constant Maturity: Nominal: MA: 20 Years data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.M008: Treasury Securities Yields. Missing timepoints from Jan-1987 to Sep-1993 are correct.

Canada 20 Year Bond Yield was 3.18 percent on Thursday March 20, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for Canada 20Y.

Thailand Treasury Bill & Government Bond Yield: Average: BOT: 20 Year data was reported at 3.370 % pa in Oct 2018. This records an increase from the previous number of 3.350 % pa for Sep 2018. Thailand Treasury Bill & Government Bond Yield: Average: BOT: 20 Year data is updated monthly, averaging 3.970 % pa from Jul 2006 (Median) to Oct 2018, with 133 observations. The data reached an all-time high of 6.220 % pa in Jun 2008 and a record low of 2.210 % pa in Apr 2016. Thailand Treasury Bill & Government Bond Yield: Average: BOT: 20 Year data remains active status in CEIC and is reported by Bank of Thailand. The data is categorized under Global Database’s Thailand – Table TH.M005: Treasury Bill and Bond Yield.

US 30 Year Bond Yield was 4.72 percent on Thursday March 27, according to over-the-counter interbank yield quotes for this government bond maturity. United States 30 Year Bond Yield - values, historical data, forecasts and news - updated on March of 2025.

Graph and download economic data for Market Yield on U.S. Treasury Securities at 5-Year Constant Maturity, Quoted on an Investment Basis, Inflation-Indexed from 2003-01-02 to 2025-03-20 about TIPS, maturity, securities, Treasury, interest rate, interest, real, 5-year, rate, and USA.

Australia 20 Year Bond Yield was 5.05 percent on Thursday March 27, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for Australia 20Y.