US Government Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-government
US Government Bond Yields (USD) as of 2026-09-11: 10Y at 4.94%, fitted curve 1M–30Y (3.99%–5.42%), 1052 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.99% | — |
| 3M | 4.03% | 4.05% |
| 6M | 4.13% | 4.31% |
| 9M | 4.27% | 4.73% |
| 12M | 4.40% | 4.73% |
| 18M | 4.55% | 4.92% |
| 2Y | 4.61% | 4.88% |
| 3Y | 4.68% | 4.90% |
| 4Y | 4.73% | 4.92% |
| 5Y | 4.77% | 5.02% |
| 6Y | 4.81% | 5.13% |
| 7Y | 4.85% | 5.17% |
| 8Y | 4.88% | 5.19% |
| 9Y | 4.90% | 5.24% |
| 10Y | 4.94% | 5.39% |
| 15Y | 5.23% | 6.25% |
| 20Y | 5.42% | 6.53% |
| 25Y | 5.42% | 5.53% |
| 30Y | 5.35% | 4.45% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.61% and the 10-year 4.94%, a 10Y−2Y spread of +32 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.61% | 4.22% | 4.25% | 4.17% | 4.03% | 3.83% | 3.69% |
| 10Y | 4.94% | 4.68% | 4.58% | 4.52% | 4.49% | 4.30% | 4.20% |
| 10Y − 2Y | +32 bp | +46 bp | +33 bp | +35 bp | +46 bp | +47 bp | +51 bp |
Yields by rating group
The same curve split by credit quality: 1068 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.76%, A+ to BBB- 5.77%, Speculative 7.00%.
Bonds in this curve
A selection of 30 of the 1085 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Turkiye | 7.79% | 2026-10-09 | 4.88% | US900123CK49 |
| United States of America | 4.14% | 2026-10-15 | 4.62% | US91282CJC64 |
| United States of America | 3.81% | 2026-11-15 | 6.50% | US912810EY02 |
| United States of America | 3.87% | 2026-11-30 | 1.62% | US912828YU85 |
| Chile | 4.98% | 2027-01-31 | 2.75% | US168863DX33 |
| United States of America | 4.08% | 2027-01-31 | 1.50% | US912828Z781 |
| United States of America | 4.20% | 2027-04-30 | 0.50% | US912828ZN34 |
| United States of America | 4.12% | 2027-04-30 | 2.75% | US91282CEN74 |
| United States of America | 4.29% | 2027-08-15 | 6.38% | US912810FA17 |
| United States of America | 4.36% | 2027-08-15 | 2.25% | US9128282R06 |
| United States of America | 4.51% | 2027-12-15 | 4.00% | US91282CMB45 |
| Morocco | 5.56% | 2027-12-15 | 2.38% | XS2270576619 |
| United States of America | 4.67% | 2028-06-15 | 3.88% | US91282CNH06 |
| United States of America | 4.59% | 2028-06-30 | 1.25% | US91282CCH25 |
| Colombia | 5.96% | 2029-03-15 | 4.50% | US195325DP79 |
| Turkiye | 6.72% | 2030-03-13 | 5.25% | US900123CY43 |
| Brazil | 5.67% | 2031-03-18 | 6.25% | US105756CG37 |
| Romania | 6.05% | 2032-03-27 | 3.62% | US77586RAL42 |
| Turkiye | 7.23% | 2033-03-14 | 6.30% | US900123DT49 |
| Brazil | 6.32% | 2034-03-15 | 6.12% | US105756CH10 |
| Brazil | 6.66% | 2035-03-15 | 6.62% | US105756CL22 |
| Turkiye | 7.29% | 2036-03-17 | 6.88% | US900123AY60 |
| Jamaica | 6.11% | 2039-03-15 | 8.00% | US470160AV46 |
| Costa Rica | 6.68% | 2044-04-04 | 7.00% | USP3699PGH49 |
| Qatar | 6.10% | 2049-03-14 | 4.82% | XS1959337749 |
| Poland | 6.42% | 2054-03-18 | 5.50% | US731011AZ55 |
| Indonesia | 6.39% | 2061-09-23 | 3.20% | US455780DG84 |
| Chile | 5.98% | 2071-09-21 | 3.25% | US168863DU93 |
| Mexico | 7.41% | 2110-10-12 | 5.75% | US91086QAZ19 |
| Israel | 6.53% | 2120-04-03 | 4.50% | US46513JB593 |