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 100-Year High Quality Market (HQM) Corporate Bond Spot Rate (HQMCB100YR) from Jan 1984 to Oct 2025 about bonds, corporate, interest rate, interest, rate, and USA.

Graph and download economic data for 50-Year High Quality Market (HQM) Corporate Bond Spot Rate (HQMCB50YR) from Jan 1984 to Oct 2025 about bonds, corporate, 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.

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Graph and download economic data for 10-Year High Quality Market (HQM) Corporate Bond Par Yield (HQMCB10YRP) from Jan 1984 to Oct 2025 about 10-year, bonds, yield, corporate, interest rate, interest, rate, and USA.

Graph and download economic data for 5-Year High Quality Market (HQM) Corporate Bond Spot Rate (HQMCB5YR) from Jan 1984 to Aug 2025 about bonds, corporate, 5-year, 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 December 2022, fixed income securities outstanding amount in India was dominated by government securities, which accounted for ** percent of the total. This was followed by other securities, with state development loans making up ** percent and corporate bonds comprising ** percent of the total.

Israel Market Capitalization: TASE: Annual: Listed Securities: Fixed Income Market: Bonds: Corporate data was reported at 94.800 USD bn in 2017. This records an increase from the previous number of 78.200 USD bn for 2016. Israel Market Capitalization: TASE: Annual: Listed Securities: Fixed Income Market: Bonds: Corporate data is updated yearly, averaging 27.178 USD bn from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 94.800 USD bn in 2017 and a record low of 2.549 USD bn in 2000. Israel Market Capitalization: TASE: Annual: Listed Securities: Fixed Income Market: Bonds: Corporate data remains active status in CEIC and is reported by Tel Aviv Stock Exchange. The data is categorized under Global Database’s Israel – Table IL.Z003: Tel Aviv Stock Exchange: Market Capitalization.

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 Report Covers US Fixed Income Asset Management Companies and the Market is Segmented Based On the Client Type (Retail, Pension Funds, Insurance Companies, Banks, and Other Client Types), and by Asset Class (Bonds, Money Market Instruments (includes Mutual Funds), ETF, and Other Asset Classes)

With 1001 ETF traded in the U.S. markets, Fixed Income ETF gathers total assets under management of $2273.34B.The average expense ratio is 0.35%. Fixed Income ETFs can be found in the following asset classes:EquityFixed IncomeThe largest Fixed Income ETF is the Vanguard Total Bond Market ETF BND with $145.01B in assets. In the last trailing year, the best-performing Fixed Income ETF was CVRT at 20.20%. The most recent ETF launched in the Fixed Income space was the T. Rowe Price Multi-Sector Income ETF TMSF on 2025-11-19.

The Global Bond Market is Segmented by Type (Treasury Bonds, Municipal Bonds, Corporate Bonds, High-Yield Bonds, Mortgage-Backed Securities, and More), by Issuer (Public Sector Issuers, Private Sector Issuers), by Sectors (Energy and Utilities, Technology, Media and Telecom, Healthcare, Consumers, Industrial, Real Estate and More), and Region. The Market Forecasts are Provided in Terms of Value (USD).

Graph and download economic data for 40-Year High Quality Market (HQM) Corporate Bond Spot Rate (HQMCB40YR) from Jan 1984 to Oct 2025 about bonds, corporate, interest rate, interest, rate, and USA.

RFQ Platforms for Fixed Income Market Outlook

As per our latest research, the global RFQ Platforms for Fixed Income market size reached USD 2.7 billion in 2024, demonstrating robust expansion driven by the increasing digitization of fixed income trading. The market is projected to grow at a CAGR of 12.4% from 2025 to 2033, reaching an estimated USD 7.7 billion by 2033. This remarkable growth is propelled by the surging demand for electronic trading solutions, regulatory mandates for transparency, and the growing need for efficient price discovery in the fixed income market.

One of the primary growth drivers for the RFQ Platforms for Fixed Income market is the ongoing digital transformation within the financial services sector. As fixed income trading traditionally relied on voice and manual processes, the adoption of electronic Request-for-Quote (RFQ) platforms has revolutionized the way market participants interact. These platforms enable faster, more transparent, and auditable trading, which aligns with the evolving regulatory landscape and the increasing preference for automation among institutional investors, asset managers, and banks. The integration of advanced analytics and artificial intelligence into RFQ platforms further enhances price discovery and liquidity, making them indispensable tools in today’s bond markets.

Another significant growth factor is the rising demand for multi-asset and multi-venue connectivity. As global fixed income markets become more fragmented and complex, market participants require platforms that can seamlessly aggregate liquidity from multiple sources and facilitate cross-asset trading. RFQ platforms address this need by providing access to a broad network of dealers and venues, enabling users to compare quotes and execute trades with greater efficiency. This capability is particularly valuable for asset managers and hedge funds seeking to optimize execution quality and reduce trading costs. Additionally, the shift towards passive investment strategies and the proliferation of exchange-traded funds (ETFs) have increased the volume and frequency of fixed income transactions, further fueling the adoption of RFQ platforms.

The evolving regulatory landscape also plays a crucial role in shaping the RFQ Platforms for Fixed Income market. Regulatory initiatives such as MiFID II in Europe and Dodd-Frank in the United States have heightened the emphasis on transparency, best execution, and record-keeping in fixed income trading. RFQ platforms are uniquely positioned to help market participants comply with these requirements by offering audit trails, electronic record storage, and standardized workflows. As regulators continue to tighten oversight and expand reporting obligations, the reliance on electronic RFQ solutions is expected to intensify, driving further market growth.

From a regional perspective, North America currently dominates the global RFQ Platforms for Fixed Income market, accounting for the largest share in 2024, followed closely by Europe and Asia Pacific. The United States, with its mature financial infrastructure and early adoption of electronic trading, serves as a key hub for RFQ platform innovation. Europe is witnessing accelerated growth due to regulatory pressures and increased integration of digital trading solutions, while Asia Pacific is emerging as a high-growth market, driven by expanding capital markets and the rapid modernization of trading systems. Latin America and the Middle East & Africa, while still nascent, present significant long-term opportunities as financial institutions in these regions embrace digital transformation.

Component Analysis

The Component segment of the RFQ Platforms for Fixed Income market is bifurcated into Software and Services. Software solutions form the backbone of RFQ platforms, providing the digital infrastructure required for seamless fixed income trading. These platforms offer functionalities such as quote aggregation, trade execution, compliance management, and analytics, all designed to enhance the efficiency and transparency of bond trading. The increasing sophistication of software offerings, including the integration of artificial intelligence and machine learning, has significantly improved the ability of market participants to identify liquidity, assess pricing, and manage risk in real time. As a result, the software segment accounted for the largest share of the m

The yield on France 10Y Bond Yield rose to 3.49% on December 1, 2025, marking a 0.07 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.04 points and is 0.57 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 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.

The U.S. dollar was the currency most commonly used for deals on the international debt capital market in the fourth quarter of 2024. At that time, the value of deals in that currency was 639 billion U.S. dollars. What is debt capital market? The debt market is the part of the capital market on which fixed-interest securities are traded. These securities include, for example, government, municipal, corporate or mortgage bonds. It allows the companies and governments to raise capital through issuance of debt securities. In case a company or a government decides to collect additional money on debt capital market, it issues debt securities and sells them to investors. Depending on financial situation of the company issued bonds can obtain different ratings. The better the company is perceived in the market, the lower interest rates it has to pay for raised capital. Other ways of raising capital Some companies can access money via venture capital or private equity funding, where money comes from high net worth individuals, investment funds, banks or other financial institutions. For larger and well-established companies going public can be an option and raising money among investors. This process is called initial public offering (IPO).

The yield on China 10Y Bond Yield held steady at 1.83% on December 2, 2025. Over the past month, the yield has edged up by 0.07 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. China 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on December of 2025.