Graph and download economic data for Market Yield on U.S. Treasury Securities at 7-Year Constant Maturity, Quoted on an Investment Basis, Inflation-Indexed (DFII7) from 2003-01-02 to 2025-07-10 about 7-year, TIPS, maturity, securities, Treasury, interest rate, interest, real, rate, and USA.

The yield on US 7 Year Note Bond Yield rose to 4.18% 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 0.03 points and is 0.05 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. United States 7 Year Note Yield - values, historical data, forecasts and news - updated on July of 2025.

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.

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.

H.15 Statistical Release notes (https://www.federalreserve.gov/releases/h15/default.htm) and the Treasury Yield Curve Methodology (https://home.treasury.gov/policy-issues/financing-the-government/interest-rate-statistics/treasury-yield-curve-methodology).

For questions on the data, please contact the data source (https://www.federalreserve.gov/apps/ContactUs/feedback.aspx?refurl=/releases/h15/%). For questions on FRED functionality, please contact us here (https://fred.stlouisfed.org/contactus/).

The yield on UK 7 Year Bond Yield rose to 4.23% on July 11, 2025, marking a 0.04 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.12 points and is 0.28 points higher 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 7Y.

Graph and download economic data for Market Yield on U.S. Treasury Securities at 20-Year Constant Maturity, Quoted on an Investment Basis (DGS20) from 1962-01-02 to 2025-07-10 about 20-year, maturity, Treasury, interest rate, interest, rate, and USA.

At the end of 2024, the yield on the 10-year U.S. Treasury bond was **** percent. Despite the increase in recent years, 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.

United States CBO Projection: Treasury Notes Yield: 10 Years data was reported at 3.753 % in Dec 2028. This records an increase from the previous number of 3.745 % for Sep 2028. United States CBO Projection: Treasury Notes Yield: 10 Years data is updated quarterly, averaging 3.677 % from Mar 2013 (Median) to Dec 2028, with 64 observations. The data reached an all-time high of 3.958 % in Sep 2021 and a record low of 1.563 % in Sep 2016. United States CBO Projection: Treasury Notes Yield: 10 Years data remains active status in CEIC and is reported by Congressional Budget Office. The data is categorized under Global Database’s United States – Table US.M009: Treasury Securities Yields: Projection: Congressional Budget Office.

United States - Market Yield on U.S. Treasury Securities at 7-Year Constant Maturity, Inflation-Indexed was 1.88% in May of 2025, according to the United States Federal Reserve. Historically, United States - Market Yield on U.S. Treasury Securities at 7-Year Constant Maturity, Inflation-Indexed reached a record high of 3.84 in November of 2008 and a record low of -1.39 in November of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Market Yield on U.S. Treasury Securities at 7-Year Constant Maturity, Inflation-Indexed - last updated from the United States Federal Reserve on July 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 (DFII5) from 2003-01-02 to 2025-07-10 about TIPS, maturity, securities, Treasury, interest rate, interest, real, 5-year, rate, and USA.

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.

China Bond Yield: Treasury Bond: 7 Year data was reported at 1.633 % pa in 16 May 2025. This records a decrease from the previous number of 1.634 % pa for 15 May 2025. China Bond Yield: Treasury Bond: 7 Year data is updated daily, averaging 3.207 % pa from Mar 2006 (Median) to 16 May 2025, with 4806 observations. The data reached an all-time high of 4.670 % pa in 06 Jan 2014 and a record low of 1.489 % pa in 03 Jan 2025. China Bond Yield: Treasury Bond: 7 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.

The yield on Japan 7 Year Bond Yield rose to 1.24% 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 0.06 points and is 0.48 points higher 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 Japan 7Y.

The yield on Canada 7 Year Bond Yield rose to 3.28% on July 11, 2025, marking a 0.10 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.13 points, though it remains 0.02 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 7Y.

United States TIPS Yield: Constant Maturity: Inflation Indexed: MA: 7 Years data was reported at 1.110 % pa in Nov 2018. This records an increase from the previous number of 1.030 % pa for Oct 2018. United States TIPS Yield: Constant Maturity: Inflation Indexed: MA: 7 Years data is updated monthly, averaging 0.760 % pa from Jan 2003 (Median) to Nov 2018, with 191 observations. The data reached an all-time high of 3.840 % pa in Nov 2008 and a record low of -1.180 % pa in Oct 2012. United States TIPS Yield: Constant Maturity: Inflation Indexed: MA: 7 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.

United States ACM 7 Year Treasury Term Premium data was reported at 0.343 % in Apr 2025. This records an increase from the previous number of 0.191 % for Mar 2025. United States ACM 7 Year Treasury Term Premium data is updated monthly, averaging 1.161 % from Jun 1961 (Median) to Apr 2025, with 767 observations. The data reached an all-time high of 4.387 % in May 1984 and a record low of -1.210 % in Jul 2020. United States ACM 7 Year Treasury Term Premium data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s United States – Table US.M025: Treasury Term Premia.

China Bond Yield: Medium & Short Term Note (AAA): 7 Year data was reported at 2.124 % pa in 16 May 2025. This records a decrease from the previous number of 2.127 % pa for 15 May 2025. China Bond Yield: Medium & Short Term Note (AAA): 7 Year data is updated daily, averaging 4.216 % pa from Oct 2008 (Median) to 16 May 2025, with 4148 observations. The data reached an all-time high of 6.404 % pa in 08 Jan 2014 and a record low of 1.925 % pa in 08 Jan 2025. China Bond Yield: Medium & Short Term Note (AAA): 7 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.

China Bond Yield: Commercial Bank Bond: General (AAA): 7 Year data was reported at 1.962 % pa in 16 May 2025. This records a decrease from the previous number of 1.965 % pa for 15 May 2025. China Bond Yield: Commercial Bank Bond: General (AAA): 7 Year data is updated daily, averaging 4.098 % pa from Dec 2009 (Median) to 16 May 2025, with 3848 observations. The data reached an all-time high of 6.109 % pa in 07 Jan 2014 and a record low of 1.826 % pa in 08 Jan 2025. China Bond Yield: Commercial Bank Bond: General (AAA): 7 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.

The yield on France 7 Year Bond Yield eased to 2.95% on July 9, 2025, marking a 0 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.12 points, though it remains 0.02 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 France 7Y.