As of July 22, 2025, the yield for a ten-year U.S. government bond was 4.38 percent, while the yield for a two-year bond was 3.88 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.

The yield on US 10 Year Note Bond Yield rose to 4.23% on August 29, 2025, marking a 0.02 percentage point increase from the previous session. Over the past month, the yield has fallen by 0.15 points, though it remains 0.33 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 September of 2025.

The yield on Japan 10Y Bond Yield rose to 1.63% on September 1, 2025, marking a 0.02 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.11 points and is 0.71 points higher than a year ago, 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 September of 2025.

The yield on US 2 Year Note Bond Yield eased to 3.63% on August 29, 2025, marking a 0.01 percentage point decrease from the previous session. Over the past month, the yield has fallen by 0.33 points and is 0.30 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. US 2 Year Treasury Bond Note Yield - values, historical data, forecasts and news - updated on August of 2025.

The yield on China 10Y Bond Yield eased to 1.78% on September 1, 2025, marking a 0.01 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.06 points, though it remains 0.38 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 September of 2025.

The yield on India 10Y Bond Yield eased to 6.59% on September 1, 2025, marking a 0.02 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.26 points, though it remains 0.29 points lower than a year ago, 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 September of 2025.

The yield on Kenya 10Y Bond Yield rose to 13.44% on September 1, 2025, marking a 0.11 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.05 points, though it remains 3.46 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Kenya 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on September of 2025.

The yield on Portugal 10Y Bond Yield rose to 3.20% on September 1, 2025, marking a 0.02 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.15 points and is 0.27 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Portugal 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on September of 2025.

The yield on Japan 2 Year Bond Yield rose to 0.89% on September 2, 2025, marking a 0 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.12 points and is 0.50 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Japan 2 Year Government Bond Yield - values, historical data, forecasts and news - updated on September of 2025.

The yield on Indonesia 10Y Bond Yield rose to 6.34% on September 1, 2025, marking a 0.01 percentage point increase from the previous session. Over the past month, the yield has fallen by 0.14 points and is 0.31 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Indonesia 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on September of 2025.

The yield on Greece 10Y Bond Yield rose to 3.52% on September 2, 2025, marking a 0.06 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.18 points and is 0.17 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Greece 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on September of 2025.

The yield on Finland 10Y Bond Yield rose to 3.14% on September 1, 2025, marking a 0.02 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.11 points and is 0.34 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Finland 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on September of 2025.

The yield on US 3 Month Bill Bond Yield eased to 4.15% on September 1, 2025, marking a 0 percentage point decrease from the previous session. Over the past month, the yield has fallen by 0.20 points and is 0.95 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. United States 3 Month Bill Yield - values, historical data, forecasts and news - updated on September of 2025.

The yield on Pakistan 10Y Bond Yield rose to 12.01% on September 1, 2025, marking a 0.01 percentage point increase from the previous session. Over the past month, the yield has fallen by 0.05 points and is 1.41 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Pakistan 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on September of 2025.

The yield on Belgium 10Y Bond Yield rose to 3.33% on September 1, 2025, marking a 0.03 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.18 points and is 0.42 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Belgium 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on September of 2025.

The yield on France 10Y Bond Yield rose to 3.58% on September 2, 2025, marking a 0.05 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.30 points and is 0.58 points higher than a year ago, 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 September of 2025.

The yield on Ireland 10Y Bond Yield rose to 2.99% on September 1, 2025, marking a 0.01 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. Ireland 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on September of 2025.

The yield on Germany 30 Year Bond Yield rose to 3.36% on September 1, 2025, marking a 0.02 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.22 points and is 0.78 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Germany 30 Year Bond Yield - values, historical data, forecasts and news - updated on September of 2025.

The yield on Philippines 10Y Bond Yield held steady at 5.99% on September 1, 2025. Over the past month, the yield has fallen by 0.18 points and is 0.10 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Philippines 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on September of 2025.

The yield on Canada 10Y Bond Yield eased to 3.38% on August 29, 2025, marking a 0.05 percentage point decrease from the previous session. Over the past month, the yield has fallen by 0.11 points, though it remains 0.22 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Canada 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on September of 2025.