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.

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.

Graph and download economic data for Market Yield on U.S. Treasury Securities at 3-Month Constant Maturity, Quoted on an Investment Basis (DGS3MO) from 1981-09-01 to 2025-03-25 about bills, 3-month, maturity, Treasury, interest rate, interest, rate, and USA.

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 Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Canada (IRLTLT01CAM156N) from Jan 1955 to Feb 2025 about long-term, Canada, 10-year, bonds, yield, government, interest rate, interest, and rate.

In January 2020, prior to the onset of the global coronavirus (COVID-19) pandemic, three of the seven largest economies by GDP had negative yields for two-year government bonds (Japan, Germany and France). With the onset of the pandemic, two-year bond yields in these countries actually rose slightly - in contrast to the other major economies, where yields fell over this period. As of December 2024, yields for two-year government bonds exhibited fluctuations across all countries. Notably, Japan showed a slight upward trend, while China experienced a modest decline.Negative yields assume that investors lack confidence in economic growth, meaning many investments (such as stocks) may lose value. Therefore, it is preferable to take a small loss on government debt that carries almost no risk to the investor, than risk a larger loss on other investments. As both the yen and euro are considered very safe assets, Japanese, German and French bonds were already being held by many investors prior to the pandemic as a hedge against economic downturn. Therefore, with the announcement of fiscal responses to the pandemic by many governments around March 2020, the value of these assets rose as confidence increased (slightly) that the worst case may be avoided. At the same time, yields on bonds with a higher return fell, as investors sought out investments with a higher return that were still considered safe.

Graph and download economic data for 10-Year Treasury Constant Maturity Minus Federal Funds Rate (T10YFF) from 1962-01-02 to 2025-03-24 about yield curve, spread, 10-year, maturity, Treasury, federal, interest rate, interest, rate, and USA.

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.

India 10Y Bond Yield was 6.60 percent on Wednesday March 26, 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 March of 2025.

These rates are the daily secondary market quotation on the most recently auctioned Treasury Bills for each maturity tranche (4-week, 13-week, 26-week, and 52-week) that Treasury currently issues new Bills. Market quotations are obtained at approximately 3:30 PM each business day by the Federal Reserve Bank of New York. The Bank Discount rate is the rate at which a Bill is quoted in the secondary market and is based on the par value, amount of the discount and a 360-day year. The Coupon Equivalent, also called the Bond Equivalent, or the Investment Yield, is the bill's yield based on the purchase price, discount, and a 365- or 366-day year. The Coupon Equivalent can be used to compare the yield on a discount bill to the yield on a nominal coupon bond that pays semiannual interest.

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.

US 20 Year Bond Yield was 4.72 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 US 20Y.

UK gilt bond yields mostly decreased between October 2023 and October 2024. For instance, the 1-year bond yield dropped from 5.18 percent to 4.42 percent, and the 30-year yield fell from 4.93 percent to 4.68 percent. The decline in yields was consistent across both short- and long-term maturities during this period.

The average yearly yield of French 10-year government bonds has shown a significant downward trend from 1990 to 2023. Starting at nearly ten percent in 1990, yields steadily declined, with slight fluctuations, reaching a low of -0.14 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.

Mexico 10Y Bond Yield was 9.85 percent on Wednesday March 26, according to over-the-counter interbank yield quotes for this government bond maturity. Mexico 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on March of 2025.

Graph and download economic data for ICE BofA BB US High Yield Index Effective Yield (BAMLH0A1HYBBEY) from 1996-12-31 to 2025-03-24 about BB, yield, interest rate, interest, rate, and USA.

Although the Federal Reserve publishes the yield-to-maturity of U.S. Treasury bonds, the returns earned by investors are not publicly available. We estimate a return series starting in 1962 using yield-to-maturity data of government bonds with 10 year maturity and include formulas to update the paper going forward.

France 10Y Bond Yield was 3.46 percent on Thursday March 27, 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 March of 2025.

Key information about Sri Lanka Short Term Government Bond Yield

• Sri Lanka Short Term Government Bond Yield: Month End: Sri Lanka: 2 Years was reported at 13.83 % pa in Jan 2024, compared with 13.87 % pa in the previous month.
• Sri Lanka Short Term Government Bond Yield data is updated monthly, available from Jan 2003 to Jan 2024.
• The data reached an all-time high of 33.01 % pa in Dec 2022 and a record low of 5.65 % pa in Sep 2020.
• Short Term Government Bond Yield is reported by CEIC Data.

Georgia Yield on Government Bonds: 10 Years data was reported at 8.822 % pa in Oct 2018. This records a decrease from the previous number of 9.016 % pa for Jul 2018. Georgia Yield on Government Bonds: 10 Years data is updated monthly, averaging 10.464 % pa from Mar 2012 (Median) to Oct 2018, with 29 observations. The data reached an all-time high of 15.478 % pa in Feb 2016 and a record low of 8.822 % pa in Oct 2018. Georgia Yield on Government Bonds: 10 Years data remains active status in CEIC and is reported by Ministry of Finance of Georgia . The data is categorized under Global Database’s Georgia – Table GE.M002: Interest Rates: Money and Government Papers.