Euro Government Bond Yields (EUR)
Fitted spot curve as of 2026-10-16
https://bondscovery.com/yield-curve/eur-government-2
Euro Government Bond Yields (EUR) as of 2026-10-16: 10Y at 4.15%, fitted curve 1M–100Y (2.52%–4.45%), 669 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.52% | — |
| 3M | 2.67% | 2.75% |
| 6M | 2.83% | 2.98% |
| 9M | 2.92% | 3.12% |
| 12M | 2.99% | 3.19% |
| 18M | 3.09% | 3.38% |
| 2Y | 3.18% | 3.38% |
| 3Y | 3.35% | 3.72% |
| 4Y | 3.51% | 4.03% |
| 5Y | 3.66% | 4.30% |
| 6Y | 3.79% | 4.52% |
| 7Y | 3.90% | 4.68% |
| 8Y | 4.00% | 4.80% |
| 9Y | 4.08% | 4.88% |
| 10Y | 4.15% | 4.93% |
| 15Y | 4.35% | 4.91% |
| 20Y | 4.42% | 4.75% |
| 25Y | 4.44% | 4.60% |
| 30Y | 4.45% | 4.52% |
| 40Y | 4.45% | 4.46% |
| 50Y | 4.45% | 4.43% |
| 100Y | 4.44% | 4.43% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.18% and the 10-year 4.15%, a 10Y−2Y spread of +96 bp — positively sloped — as of 2026-10-16. 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 | Latest2026-10-16 | 1m ago2026-09-16 | 2m ago2026-09-01 |
|---|---|---|---|
| 2Y | 3.18% | 3.31% | 3.04% |
| 10Y | 4.15% | 4.18% | 3.90% |
| 10Y − 2Y | +96 bp | +87 bp | +85 bp |
Yields by rating group
The same curve split by credit quality: 689 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 3.39%, A+ to BBB- 3.89%.
Bonds in this curve
A selection of 30 of the 689 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Spain | 2.60% | 2026-11-06 | 0.00% | ES0L02611066 |
| Belgium | 2.48% | 2026-11-12 | 0.00% | BE0312818900 |
| France | 2.69% | 2026-12-30 | 0.00% | FR0129287340 |
| Italy | 2.67% | 2027-01-14 | 0.00% | IT0005689887 |
| Germany | 2.58% | 2027-03-11 | 2.20% | DE000BU22080 |
| Italy | 2.81% | 2027-03-12 | 0.00% | IT0005699340 |
| Belgium | 3.78% | 2027-06-04 | 0.70% | BE3871280108 |
| Germany | 2.70% | 2027-06-10 | 1.70% | DE000BU22098 |
| Belgium | 2.80% | 2027-09-04 | 2.75% | BE3871314444 |
| France | 3.24% | 2027-09-08 | 0.00% | FR0129704195 |
| Spain | 3.11% | 2028-01-31 | 0.00% | ES0000012I08 |
| Greece | 3.21% | 2028-01-30 | 3.75% | GR0124034688 |
| Spain | 3.28% | 2028-07-30 | 1.40% | ES0000012B88 |
| Italy | 3.41% | 2028-08-01 | 3.80% | IT0005548315 |
| France | 3.63% | 2029-04-25 | 5.50% | FR0000571218 |
| Spain | 3.33% | 2029-04-30 | 1.45% | ES0000012E51 |
| Germany | 3.13% | 2030-04-18 | 2.40% | DE000BU25042 |
| Malta | 3.59% | 2031-04-23 | 1.00% | MT0000013020 |
| Croatia | 3.67% | 2032-04-22 | 2.88% | XS2471549654 |
| Spain | 3.69% | 2033-04-30 | 3.15% | ES0000012L52 |
| Portugal | 3.66% | 2034-04-18 | 2.25% | PTOTEWOE0017 |
| France | 4.60% | 2035-04-25 | 4.75% | FR0010070060 |
| Estonia | 4.22% | 2036-05-14 | 3.50% | EE0000004109 |
| France | 4.96% | 2039-06-25 | 1.75% | FR0013234333 |
| Austria | 4.02% | 2044-06-20 | 3.15% | AT0000A0VRQ6 |
| Cyprus | 4.41% | 2049-05-03 | 2.75% | XS1989383788 |
| France | 5.31% | 2054-05-25 | 3.00% | FR001400FTH3 |
| France | 5.24% | 2066-05-25 | 1.75% | FR0013154028 |
| Spain | 4.36% | 2071-10-31 | 1.45% | ES0000012H58 |
| Austria | 3.77% | 2117-09-20 | 2.10% | AT0000A1XML2 |