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JGB yields in May 2026
10Y average2.648%
10Y month-end2.657%29 May 2026
Month high2.783%19 May 2026
Month low2.485%7 May 2026
10-year yield, daily
Month-end curve compared
| Tenor | 29 May 2026 | vs. prior month | vs. a year ago |
|---|---|---|---|
| 1-year | 1.117% | +2bp | +52bp |
| 2-year | 1.393% | -1bp | +64bp |
| 3-year | 1.536% | -2bp | +73bp |
| 4-year | 1.749% | ±0bp | +82bp |
| 5-year | 1.919% | +2bp | +89bp |
| 6-year | 2.070% | +4bp | +99bp |
| 7-year | 2.221% | +7bp | +106bp |
| 8-year | 2.373% | +9bp | +111bp |
| 9-year | 2.515% | +12bp | +112bp |
| 10-year | 2.657% | +14bp | +114bp |
| 15-year | 3.204% | +13bp | +113bp |
| 20-year | 3.549% | +15bp | +113bp |
| 25-year | 3.859% | +17bp | +119bp |
| 30-year | 3.859% | +14bp | +101bp |
| 40-year | 3.789% | +5bp | +68bp |
Month-end 10Y–2Y slope: +126bp
JGB yields from Japan's Ministry of Finance; US yields are the Treasury's daily par yield curve. Percent per year; 1 bp = 0.01%. Not investment advice.
About this page
The 10-year yield averaged 2.648% in May 2026 and ended at 2.657% (+14bp m/m).