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US Treasury yields in 2026

10Y average4.488%No. 16 of 37
Year-end5.220%8 Oct 2026
Year high5.310%5 Oct 2026
Year low3.970%27 Feb 2026

10-year yield, monthly average

monthly5.274.13010610

By tenor: average and year-end

TenorAverageYear-endy/y
1-month3.761%4.140%+40bp
1.5-month3.772%4.140%+39bp
2-month3.788%4.130%+46bp
3-month3.804%4.230%+56bp
4-month3.835%4.290%+66bp
6-month3.842%4.300%+71bp
1-year3.857%4.440%+96bp
2-year4.001%4.750%+128bp
3-year4.049%4.850%+130bp
5-year4.157%4.990%+126bp
7-year4.314%5.110%+117bp
10-year4.488%5.220%+104bp
20-year5.015%5.640%+85bp
30-year5.024%5.600%+76bp

Japan vs. US 10-year yield

Average gap (US minus Japan): +191bp

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.

← 2025

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The 10-year yield averaged 4.488% in 2026 (No. 16 of 37 years) and ended the year at 5.220% (+104bp y/y).