US 10 Year Note Bond Yield was 4.34 percent on Wednesday March 26, 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 March of 2025.

In December 2024, the yield on a 10-year U.S. Treasury note was 4.39 percent, forecasted to decrease to reach 3.27 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.

At the end of 2023, the yield on the 10-year U.S. Treasury bond was 3.96 percent. 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.

Graph and download economic data for 8.5-Year High Quality Market (HQM) Corporate Bond Spot Rate (HQMCB8Y6M) from Jan 1984 to Feb 2025 about bonds, corporate, interest rate, interest, rate, and USA.

As of October 16, 2024, the yield for a ten-year U.S. government bond was 4.04 percent, while the yield for a two-year bond was 3.96 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 2022 and 2023. 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.

US 30 Year Bond Yield was 4.72 percent on Thursday March 27, 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 March of 2025.

US 2 Year Note Bond Yield was 3.99 percent on Thursday March 27, 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 March of 2025.

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

Graph and download economic data for 1.5-Year High Quality Market (HQM) Corporate Bond Spot Rate (HQMCB1Y6M) from Jan 1984 to Feb 2025 about bonds, corporate, interest rate, interest, rate, and USA.

At the end of 2024, the yield for a 30-year U.S. Treasury bond was 4.78 percent, slightly higher than the yields for bonds with short-term maturities. Bonds of longer maturities generally have higher yields as a reward for the uncertainty about the condition of financial markets in the future.

Graph and download economic data for 35.5-Year High Quality Market (HQM) Corporate Bond Spot Rate (HQMCB35Y6M) from Jan 1984 to Feb 2025 about bonds, corporate, interest rate, interest, rate, and USA.

United States - Market Yield on U.S. Treasury Securities at 1-Month Constant Maturity was 0.18% in March of 2022, according to the United States Federal Reserve. Historically, United States - Market Yield on U.S. Treasury Securities at 1-Month Constant Maturity reached a record high of 5.21 in November of 2006 and a record low of 0.00 in December of 2011. 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 1-Month Constant Maturity - last updated from the United States Federal Reserve on March of 2025.

United States - Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity was 3.96% in March of 2025, according to the United States Federal Reserve. Historically, United States - Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity reached a record high of 16.95 in September of 1981 and a record low of 0.09 in February 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 2-Year Constant Maturity - last updated from the United States Federal Reserve on March of 2025.

United States - Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity was 4.34% in March of 2025, according to the United States Federal Reserve. Historically, United States - Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity reached a record high of 15.84 in September of 1981 and a record low of 0.52 in August of 2020. 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 10-Year Constant Maturity - last updated from the United States Federal Reserve on March of 2025.

As of December 30, 2024, the major economy with the highest yield on 10-year government bonds was Turkey, with a yield of 27.38 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 4.59 percent, while Switzerland had the lowest at 0.27 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.

10 Year TIPS Yield was 1.98 percent on Wednesday March 26, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for the United States 10 Year TIPS Yield.

United States - Market Yield on U.S. Treasury Securities at 3-Year Constant Maturity was 4.01% in March of 2025, according to the United States Federal Reserve. Historically, United States - Market Yield on U.S. Treasury Securities at 3-Year Constant Maturity reached a record high of 16.59 in September of 1981 and a record low of 0.10 in August of 2020. 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 3-Year Constant Maturity - last updated from the United States Federal Reserve on March of 2025.

Graph and download economic data for 15-Year High Quality Market (HQM) Corporate Bond Spot Rate (HQMCB15YR) from Jan 1984 to Feb 2025 about 15-year, bonds, corporate, interest rate, interest, rate, and USA.

After to as low as low as 0.55 percent in July 2020, in the wake of the coronavirus outbreak, the yield on 10-year U.S treasury bonds increased considerably. As of June 2024, it reached 4.36 percent.

United States Treasury Bonds Yield: Constant Maturity: Nominal: MA: 20 Years data was reported at 3.268 % pa in Nov 2018. This records an increase from the previous number of 3.266 % pa for Oct 2018. United States Treasury Bonds Yield: Constant Maturity: Nominal: MA: 20 Years data is updated monthly, averaging 5.120 % pa from Apr 1953 (Median) to Nov 2018, with 707 observations. The data reached an all-time high of 15.130 % pa in Oct 1981 and a record low of 1.823 % pa in Jul 2016. United States Treasury Bonds Yield: Constant Maturity: Nominal: MA: 20 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. Missing timepoints from Jan-1987 to Sep-1993 are correct.