US Government Bond Yields (USD)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/usd-government
US Government Bond Yields (USD) as of 2026-10-26: 10Y at 4.93%, fitted curve 1M–30Y (4.03%–5.37%), 1047 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.03% | — |
| 3M | 4.09% | 4.13% |
| 6M | 4.24% | 4.47% |
| 9M | 4.39% | 4.85% |
| 12M | 4.51% | 4.85% |
| 18M | 4.63% | 4.95% |
| 2Y | 4.70% | 4.97% |
| 3Y | 4.77% | 4.99% |
| 4Y | 4.80% | 4.95% |
| 5Y | 4.84% | 5.08% |
| 6Y | 4.88% | 5.22% |
| 7Y | 4.92% | 5.20% |
| 8Y | 4.93% | 5.08% |
| 9Y | 4.92% | 4.95% |
| 10Y | 4.93% | 5.02% |
| 15Y | 5.23% | 6.27% |
| 20Y | 5.34% | 6.01% |
| 25Y | 5.37% | 5.69% |
| 30Y | 5.33% | 4.90% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.70% and the 10-year 4.93%, a 10Y−2Y spread of +23 bp — positively sloped — as of 2026-10-26. 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 | Latest2026-10-26 | 1m ago2026-09-25 | 2m ago2026-08-27 | 3m ago2026-07-28 | 4m ago2026-06-29 | 5m ago2026-05-29 | 6m ago2026-04-29 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.70% | 4.86% | 4.23% | 4.32% | 4.14% | 4.10% | 3.88% |
| 10Y | 4.93% | 5.12% | 4.65% | 4.63% | 4.42% | 4.47% | 4.38% |
| 10Y − 2Y | +23 bp | +26 bp | +42 bp | +32 bp | +29 bp | +37 bp | +50 bp |
Yields by rating group
The same curve split by credit quality: 1079 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.82%, A+ to BBB- 6.00%, Speculative 7.27%.
Bonds in this curve
A selection of 30 of the 1083 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| USA | 3.95% | 2026-11-30 | 1.62% | US912828YU85 |
| USA | 3.84% | 2026-11-30 | 1.25% | US91282CDK45 |
| USA | 4.05% | 2027-01-15 | 4.00% | US91282CJT99 |
| USA | 4.07% | 2027-01-21 | 0.00% | US912797TM97 |
| USA | 4.21% | 2027-03-18 | 0.00% | US912797UD79 |
| Philippines | 4.73% | 2027-03-29 | 3.23% | US718286CQ83 |
| USA | 4.23% | 2027-06-15 | 4.62% | US91282CKV27 |
| USA | 4.34% | 2027-06-30 | 0.50% | US912828ZV59 |
| USA | 4.51% | 2027-09-15 | 3.38% | US91282CLL36 |
| Indonesia | 4.77% | 2027-09-20 | 4.15% | US455780DM52 |
| Sweden | 4.69% | 2028-01-28 | 3.38% | XS3216984099 |
| Philippines | 4.71% | 2028-02-01 | 3.00% | US718286CC97 |
| USA | 4.69% | 2028-07-31 | 1.00% | US91282CCR07 |
| USA | 4.67% | 2028-07-31 | 4.12% | US91282CHQ78 |
| Dubai DOF Sukuk LTD | 5.48% | 2029-04-30 | 5.00% | XS1062038143 |
| USA | 4.79% | 2030-04-30 | 3.50% | US91282CGZ86 |
| USA | 4.83% | 2031-04-30 | 4.62% | US91282CKN01 |
| USA | 4.87% | 2032-05-15 | 2.88% | US91282CEP23 |
| USA | 4.89% | 2033-04-30 | 4.12% | US91282CQN47 |
| Turkiye | 7.54% | 2034-05-15 | 7.62% | US900123DK30 |
| USA | 4.96% | 2035-05-15 | 4.25% | US91282CNC19 |
| Serbia | 6.34% | 2036-05-06 | 5.50% | XS3363387351 |
| USA | 5.06% | 2039-05-15 | 4.25% | US912810QB70 |
| USA | 5.36% | 2044-05-15 | 3.38% | US912810RG58 |
| Colombia | 7.83% | 2049-05-15 | 5.20% | US195325DQ52 |
| ABU Dhabi | 6.36% | 2054-04-30 | 5.50% | XS2811094213 |
| Panama | 6.56% | 2063-01-19 | 4.50% | US698299BS24 |
| Peru | 6.35% | 2072-01-15 | 3.60% | US715638DW93 |
| Mexico | 7.56% | 2110-10-12 | 5.75% | US91086QAZ19 |
| Peru | 6.24% | 2121-07-28 | 3.23% | US715638DR09 |