European Union Bond Yields (EUR)
Fitted spot curve as of 2026-10-07
https://bondscovery.com/yield-curve/eu-bonds
European Union Bond Yields (EUR) as of 2026-10-07: 10Y at 4.02%, fitted curve 1M–30Y (2.58%–4.65%), 78 bonds. Live chart, constituents and forward rates on bondScovery.
Also quoted as EU bond yields, EU bonds, NextGenerationEU bond yields, NGEU bonds and European Union yield curve. The curve below is fitted across 78 European Union issues, from the shortest bill to the longest bond, and rebuilt with every daily build.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.58% | — |
| 3M | 2.66% | 2.70% |
| 6M | 2.79% | 2.92% |
| 9M | 2.89% | 3.11% |
| 12M | 2.97% | 3.19% |
| 18M | 3.06% | 3.30% |
| 2Y | 3.13% | 3.30% |
| 3Y | 3.26% | 3.55% |
| 4Y | 3.39% | 3.81% |
| 5Y | 3.52% | 4.05% |
| 6Y | 3.63% | 4.28% |
| 7Y | 3.74% | 4.49% |
| 8Y | 3.84% | 4.67% |
| 9Y | 3.93% | 4.83% |
| 10Y | 4.02% | 4.96% |
| 15Y | 4.32% | 5.20% |
| 20Y | 4.49% | 5.33% |
| 25Y | 4.59% | 5.33% |
| 30Y | 4.65% | 5.33% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.13% and the 10-year 4.02%, a 10Y−2Y spread of +89 bp — positively sloped — as of 2026-10-07. The chart and table below track how they have moved.
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-10-07 | 1m ago2026-09-07 | 2m ago2026-08-07 | 3m ago2026-07-09 | 4m ago2026-06-09 | 5m ago2026-05-11 | 6m ago2026-04-10 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.13% | 2.95% | 2.74% | 2.69% | 2.77% | 2.69% | 2.60% |
| 10Y | 4.02% | 3.77% | 3.51% | 3.45% | 3.43% | 3.38% | 3.42% |
| 10Y − 2Y | +89 bp | +81 bp | +77 bp | +76 bp | +66 bp | +70 bp | +81 bp |
Bonds in this curve
A selection of 30 of the 79 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| European Union | 2.48% | 2026-11-06 | 0.00% | EU000A4EJ3Q5 |
| European Union | 2.54% | 2026-12-04 | 0.00% | EU000A4ELKS4 |
| European Union | 2.55% | 2027-01-08 | 0.00% | EU000A4EMTG8 |
| European Union | 2.71% | 2027-02-05 | 0.00% | EU000A4EPCJ1 |
| European Union | 2.81% | 2027-04-09 | 0.00% | EU000A4ESJ04 |
| European Union | 2.87% | 2027-05-07 | 0.00% | EU000A4ET792 |
| European Union | 2.92% | 2027-06-04 | 0.00% | EU000A4EVJR7 |
| European Union | 2.98% | 2027-08-06 | 0.00% | EU000A4EYPS6 |
| European Union | 3.05% | 2027-09-03 | 0.00% | EU000A4E0DU7 |
| European Union | 2.92% | 2027-10-04 | 2.00% | EU000A3K4DS6 |
| European Union | 2.81% | 2028-04-04 | 2.88% | EU000A1G6TV9 |
| European Union | 3.04% | 2028-06-02 | 0.00% | EU000A287074 |
| European Union | 3.27% | 2028-10-04 | 0.00% | EU000A3KWCF4 |
| European Union | 3.36% | 2028-12-01 | 1.12% | EU000A18VJA3 |
| European Union | 3.25% | 2029-07-04 | 0.00% | EU000A3KRJQ6 |
| European Union | 3.43% | 2029-07-12 | 2.38% | EU000A4ENP68 |
| European Union | 3.38% | 2030-10-04 | 0.00% | EU000A283859 |
| European Union | 3.54% | 2030-10-14 | 2.50% | EU000A4EG021 |
| European Union | 3.41% | 2031-04-22 | 0.00% | EU000A3KT6A3 |
| European Union | 3.59% | 2031-07-04 | 0.00% | EU000A3KSXE1 |
| European Union | 3.65% | 2032-07-06 | 1.00% | EU000A3K4DD8 |
| European Union | 3.72% | 2032-12-13 | 2.75% | EU000A4ED0K0 |
| European Union | 3.76% | 2033-10-12 | 3.12% | EU000A4EUY43 |
| European Union | 3.88% | 2034-07-04 | 3.25% | EU000A3K4D41 |
| European Union | 3.68% | 2035-07-04 | 0.00% | EU000A285VM2 |
| European Union | 3.94% | 2036-04-22 | 0.25% | EU000A3KP2Z3 |
| European Union | 4.37% | 2039-10-04 | 3.38% | EU000A3LZ0X9 |
| European Union | 4.53% | 2045-10-12 | 3.75% | EU000A4EA8Y7 |
| European Union | 4.59% | 2050-02-04 | 3.25% | EU000A3K4EU0 |
| European Union | 4.66% | 2054-10-05 | 3.38% | EU000A3K4EY2 |