The yield on US 3 Year Note Bond Yield rose to 3.89% on July 14, 2025, marking a 0.02 percentage point increase from the previous session. Over the past month, the yield has fallen by 0.05 points and is 0.36 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. United States 3 Year Note Yield - values, historical data, forecasts and news - updated on July of 2025.

The yield on US 10 Year Note Bond Yield rose to 4.41% on July 11, 2025, marking a 0.06 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.04 points and is 0.23 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. US 10 Year Treasury Bond Note Yield - values, historical data, forecasts and news - updated on July of 2025.

As of April 16, 2025, the yield for a ten-year U.S. government bond was 4.34 percent, while the yield for a two-year bond was 3.86 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 the following years. 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.

Graph and download economic data for 3-Year High Quality Market (HQM) Corporate Bond Spot Rate (HQMCB3YR) from Jan 1984 to Jun 2025 about 3-year, bonds, corporate, interest rate, interest, rate, and USA.

Graph and download economic data for Market Yield on U.S. Treasury Securities at 30-Year Constant Maturity, Quoted on an Investment Basis (DGS30) from 1977-02-15 to 2025-07-10 about 30-year, maturity, Treasury, interest rate, interest, rate, and USA.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for United States (IRLTLT01USM156N) from Apr 1953 to May 2025 about long-term, 10-year, bonds, yield, government, interest rate, interest, rate, and USA.

As of December 30, 2024, the major economy with the highest yield on 10-year government bonds was Turkey, with a yield of ***** 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 **** percent, while Switzerland had the lowest at **** 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.

In December 2024, the yield on a 10-year U.S. Treasury note was **** percent, forecasted to decrease to reach **** percent by August 2025. Treasury securities are debt instruments used by the government to finance the national debt. Who owns treasury notes? Because the U.S. treasury notes are generally assumed to be a risk-free investment, they are often used by large financial institutions as collateral. Because of this, billions of dollars in treasury securities are traded daily. Other countries also hold U.S. treasury securities, as do U.S. households. Investors and institutions accept the relatively low interest rate because the U.S. Treasury guarantees the investment. Looking into the future Because these notes are so commonly traded, their interest rate also serves as a signal about the market’s expectations of future growth. When markets expect the economy to grow, forecasts for treasury notes will reflect that in a higher interest rate. In fact, one harbinger of recession is an inverted yield curve, when the return on 3-month treasury bills is higher than the ten-year rate. While this does not always lead to a recession, it certainly signals pessimism from financial markets.

The yield on UK 3 Year Bond Yield rose to 3.88% on July 11, 2025, marking a 0.02 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.03 points, though it remains 0.16 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for UK 3Y.

Taiwan Government Bonds: Primary Market: 3 Year data was reported at 0.475 % pa in Jan 2016. This records a decrease from the previous number of 0.801 % pa for Jan 2015. Taiwan Government Bonds: Primary Market: 3 Year data is updated monthly, averaging 1.255 % pa from Oct 1995 (Median) to Jan 2016, with 6 observations. The data reached an all-time high of 6.180 % pa in Nov 1995 and a record low of 0.475 % pa in Jan 2016. Taiwan Government Bonds: Primary Market: 3 Year data remains active status in CEIC and is reported by Central Bank of the Republic of China. The data is categorized under Global Database’s Taiwan – Table TW.M005: Capital Market Interest Rates.

The yield on China 10Y Bond Yield rose to 1.66% on July 11, 2025, marking a 0.01 percentage point increase from the previous session. Over the past month, the yield has edged up by 0 points, though it remains 0.60 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. China 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on July of 2025.

The yield on China 3 Year Bond Yield rose to 1.43% on July 14, 2025, marking a 0.02 percentage point increase from the previous session. Over the past month, the yield has edged up by 0 points, though it remains 0.36 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for China 3Y.

Thailand Treasury Bill & Government Bond Yield: Average: BOT: 3 Year data was reported at 2.120 % pa in Oct 2018. This records an increase from the previous number of 2.060 % pa for Sep 2018. Thailand Treasury Bill & Government Bond Yield: Average: BOT: 3 Year data is updated monthly, averaging 2.820 % pa from Jan 2005 (Median) to Oct 2018, with 166 observations. The data reached an all-time high of 5.520 % pa in Nov 2005 and a record low of 1.380 % pa in Apr 2016. Thailand Treasury Bill & Government Bond Yield: Average: BOT: 3 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.

As of December 2024, the countries with the highest 10-year yields are the United Kingdom, the United States and Australia with 4.68, 4.38 and 4.21 percent, respectively. 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.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for India (INDIRLTLT01STM) from Dec 2011 to Apr 2025 about long-term, India, 10-year, bonds, yield, interest rate, interest, and rate.

Interactive chart showing the daily 5 year treasury yield back to 1962. The values shown are daily data published by the Federal Reserve Board based on the average yield of a range of Treasury securities, all adjusted to the equivalent of a five-year maturity.

China Bond Yield: Treasury Bond: 3 Year data was reported at 1.507 % pa in 16 May 2025. This records an increase from the previous number of 1.505 % pa for 15 May 2025. China Bond Yield: Treasury Bond: 3 Year data is updated daily, averaging 2.869 % pa from Mar 2006 (Median) to 16 May 2025, with 4806 observations. The data reached an all-time high of 4.500 % pa in 20 Nov 2013 and a record low of 1.085 % pa in 24 Dec 2024. China Bond Yield: Treasury Bond: 3 Year data remains active status in CEIC and is reported by China Central Depository & Clearing Co., Ltd. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MF: PBC & CCDC: Treasury Bond and Other Bond Yield: Daily.

Government Bond Yield: Australian Government: 3 Years data was reported at 3.370 % pa in Apr 2025. This records a decrease from the previous number of 3.762 % pa for Mar 2025. Government Bond Yield: Australian Government: 3 Years data is updated monthly, averaging 4.798 % pa from Jun 1992 (Median) to Apr 2025, with 395 observations. The data reached an all-time high of 10.280 % pa in Jan 1995 and a record low of 0.103 % pa in Mar 2021. Government Bond Yield: Australian Government: 3 Years data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.M007: Government Bond Yield.

The yield on Canada 3 Year Bond Yield rose to 2.80% on July 11, 2025, marking a 0.05 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.06 points, though it remains 0.86 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for Canada 3Y.

Greece Government Bond Yield: Average: 3 Years data was reported at 2.690 % pa in Dec 2017. This records a decrease from the previous number of 2.980 % pa for Nov 2017. Greece Government Bond Yield: Average: 3 Years data is updated monthly, averaging 4.355 % pa from Mar 1999 (Median) to Dec 2017, with 198 observations. The data reached an all-time high of 77.650 % pa in Feb 2012 and a record low of 2.080 % pa in Jul 2014. Greece Government Bond Yield: Average: 3 Years data remains active status in CEIC and is reported by Bank of Greece. The data is categorized under Global Database’s Greece – Table GR.M006: Government Bonds Yield: Average.