Government bond yields
The US Treasury yield curve, key spreads and global benchmark yields.
US 2s10s spread
+44.6 bp
US 3M–10Y spread
+117.0 bp
Italy–Germany 10Y spread
+115.5 bp
US–Germany 10Y spread
+181.8 bp
US Treasury yield curve
US Treasury yields
| Name | Price | Change (bp) |
|---|---|---|
| United States 3-Month Bond YieldUS3M | 4.103% | — |
| United States 6-Month Bond YieldUS6M | 4.293% | +0.5 |
| United States 1-Year Bond YieldUS1Y | 4.468% | +0.8 |
| United States 2-Year Bond YieldUS2Y | 4.827% | — |
| United States 3-Year Bond YieldUS3Y | 4.957% | +0.2 |
| United States 5-Year Bond YieldUS5Y | 5.054% | -0.1 |
| United States 7-Year Bond YieldUS7Y | 5.163% | -0.4 |
| United States 10-Year Bond YieldUS10Y | 5.273% | -0.4 |
| United States 20-Year Bond YieldUS20Y | 5.670% | -0.6 |
| United States 30-Year Bond YieldUS30Y | 5.623% | -0.7 |
10-year government bond yields worldwide
| Name | Price | Change (bp) |
|---|---|---|
| Türkiye 10-Year Bond YieldTR10Y-TR | 32.840% | — |
| Brazil 10-Year Bond YieldBR10Y-BR | 14.270% | +0.3 |
| India 10-Year Bond YieldIN10Y-IN | 7.215% | +2.7 |
| United Kingdom 10-Year Bond YieldGB10Y-GB | 5.366% | -0.6 |
| Australia 10-Year Bond YieldAU10Y-AU | 5.308% | -5.1 |
| United States 10-Year Bond YieldUS10Y | 5.273% | -0.4 |
| France 10-Year Bond YieldFR10Y-FR | 4.862% | -0.4 |
| Italy 10-Year Bond YieldIT10Y-IT | 4.611% | -1.2 |
| South Korea 10-Year Bond YieldKR10Y-KR | 4.386% | -5.3 |
| Spain 10-Year Bond YieldES10Y-ES | 4.107% | +1.7 |
| Germany 10-Year Bond YieldDE10Y-DE | 3.455% | 0.0 |
| Japan 10-Year Bond YieldJP10Y-JP | 3.091% | -1.4 |
| China 10-Year Bond YieldCN10Y-CN | 1.683% | +1.5 |
| Switzerland 10-Year Bond YieldCH10Y-CH | 0.527% | +0.2 |
Short-term government yields
| Name | Price | Change (bp) |
|---|---|---|
| Germany 2-Year Bond YieldDE2Y-DE | 3.078% | +2.9 |
| United Kingdom 2-Year Bond YieldGB2Y-GB | 4.818% | -0.1 |
| Japan 2-Year Bond YieldJP2Y-JP | 1.910% | — |
Why the yield curve matters
The yield curve plots yields across maturities. Normally longer bonds yield more; when short-term yields rise above long-term ones the curve is inverted, which has preceded most US recessions.