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 Oct 2025 about long-term, 10-year, bonds, yield, government, interest rate, interest, rate, and USA.

The yield on US 30 Year Bond Yield rose to 4.76% on December 2, 2025, marking a 0.02 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.06 points and is 0.35 points higher than a year ago, 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 December of 2025.

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.

As of July 18, 2025, 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 Kingdom 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.

Graph and download economic data for Market Yield on U.S. Treasury Securities at 30-Year Constant Maturity, Quoted on an Investment Basis (WGS30YR) from 1977-02-18 to 2025-11-21 about 30-year, maturity, Treasury, interest rate, interest, rate, and USA.

The yield on US 10 Year Note Bond Yield rose to 4.12% on December 2, 2025, marking a 0.02 percentage points increase from the previous session. Over the past month, the yield has remained flat, and it is 0.11 points lower 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 December of 2025.

The yield on Japan 10Y Bond Yield eased to 1.86% on December 2, 2025, marking a 0.02 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.20 points and is 0.78 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 December of 2025.

This dataset contains the monthly nominal yields of 10-year US Treasury bonds, sourced from the Board of Governors of the Federal Reserve System (FRED).

The 10-year Treasury yield is widely regarded as a benchmark for long-term interest rates in the United States. It reflects investor sentiment about economic growth, inflation expectations, and monetary policy. Analysts, economists, and investors often use this indicator to track shifts in the bond market and assess the overall economic outlook.

Why This Matters

• Economic Indicator. Serves as a proxy for long-term borrowing costs.
• Market Benchmark. Affects pricing of mortgages, corporate debt, and other financial instruments.
• Policy Insights. Closely monitored by the Federal Reserve, economists, and policymakers for clues about inflation and growth.

Potential Use Cases

• Time series analysis and forecasting of interest rates.
• Studying the relationship between bond yields, stock markets, and economic cycles.
• Macro-financial research, portfolio risk management, and policy analysis.

View market daily updates and historical trends for 10-2 Year Treasury Yield Spread. from United States. Source: Department of the Treasury. Track economi…

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 Sep 2025 about long-term, India, 10-year, bonds, yield, interest rate, interest, and rate.

The yield on India 10Y Bond Yield eased to 6.52% on December 2, 2025, marking a 0.06 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.03 points and is 0.24 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 December of 2025.

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 2025-11-28 about 20-year, maturity, Treasury, interest rate, interest, rate, and USA.

Track real-time 30 Year Treasury Rate yields and explore historical trends from year start to today. View interactive yield curve data with YCharts.

In 2024, the average yearly yield of UK 10-year government bonds was **** percent. The UK 10-year gilt has shown a significant downward trend from 1990 to 2024. Starting at nearly ** percent in 1990, yields steadily declined, with slight fluctuations, reaching a low of **** percent in 2020. After 2020, yields began to rise again, reflecting recent increases in interest rates and inflation expectations. This long-term decline indicates decreasing inflation and interest rates in Australia over the past decades, with recent economic conditions prompting a reversal in bond yields.

Graph and download economic data for Moody's Seasoned Baa Corporate Bond Yield (BAA) from Jan 1919 to Nov 2025 about Baa, bonds, yield, corporate, interest rate, interest, rate, and USA.

A yield curve (which can also be known as the term structure of interest rates) represents the relationship between market remuneration (interest) rates and the remaining time to maturity of debt securities. The information content of a yield curve reflects the asset pricing process on financial markets. When buying and selling bonds, investors include their expectations of future inflation, real interest rates and their assessment of risks. An investor calculates the price of a bond by discounting the expected future cash flows.

The European Central Bank estimates zero-coupon yield curves for the euro area and derives forward and par yield curves. A zero coupon bond is a bond that pays no coupon and is sold at a discount from its face value. The zero coupon curve represents the yield to maturity of hypothetical zero coupon bonds, since they are not directly observable in the market for a wide range of maturities. The yields must therefore be estimated from existing zero coupon bonds and fixed coupon bond prices or yields. The forward curve shows the short-term (instantaneous) interest rate for future periods implied in the yield curve. The par yield reflects hypothetical yields, namely the interest rates the bonds would have yielded had they been priced at par (i.e. at 100).

Bonds are removed if their yields deviate by more than twice the standard deviation from the average yield in the same maturity bracket. Afterwards, the same procedure is repeated.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for United Kingdom (IRLTLT01GBM156N) from Jan 1960 to Oct 2025 about long-term, 10-year, United Kingdom, bonds, yield, government, interest rate, interest, and rate.

The yield on Japan 30 Year Bond Yield rose to 3.40% on December 2, 2025, marking a 0.01 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.36 points and is 1.11 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Japan 30 Year Bond Yield - values, historical data, forecasts and news - updated on December of 2025.

The yield on Germany 10Y Bond Yield eased to 2.70% on November 21, 2025, marking a 0.02 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.14 points and is 0.44 points higher than a year ago, 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 November of 2025.

Track real-time 20 Year Treasury Rate yields and explore historical trends from year start to today. View interactive yield curve data with YCharts.