US Government Bond Yields (USD)
Fitted spot curve as of 2026-10-16
https://bondscovery.com/yield-curve/usd-government-2
US Government Bond Yields (USD) as of 2026-10-16: 10Y at 6.50%, fitted curve 1M–100Y (4.75%–6.66%), 711 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.75% | — |
| 3M | 4.80% | 4.83% |
| 6M | 4.88% | 5.07% |
| 9M | 4.95% | 5.24% |
| 12M | 5.03% | 5.24% |
| 18M | 5.17% | 5.55% |
| 2Y | 5.31% | 5.83% |
| 3Y | 5.57% | 6.23% |
| 4Y | 5.79% | 6.67% |
| 5Y | 5.99% | 7.00% |
| 6Y | 6.14% | 7.22% |
| 7Y | 6.27% | 7.35% |
| 8Y | 6.36% | 7.40% |
| 9Y | 6.44% | 7.40% |
| 10Y | 6.50% | 7.37% |
| 15Y | 6.63% | 7.19% |
| 20Y | 6.66% | 6.95% |
| 25Y | 6.66% | 6.84% |
| 30Y | 6.66% | 6.79% |
| 40Y | 6.66% | 6.78% |
| 50Y | 6.66% | 6.78% |
| 75Y | 6.66% | 6.77% |
| 100Y | 6.66% | 6.77% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.31% and the 10-year 6.50%, a 10Y−2Y spread of +119 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 | 5.31% | 5.36% | 5.15% |
| 10Y | 6.50% | 6.37% | 6.11% |
| 10Y − 2Y | +119 bp | +101 bp | +96 bp |
Yields by rating group
The same curve split by credit quality: 722 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.38%, A+ to BBB- 6.02%, Speculative 7.22%.
Bonds in this curve
A selection of 30 of the 728 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| China | 4.73% | 2026-10-26 | 1.25% | USY5325QAE27 |
| Saudi Arabia | 4.49% | 2027-02-03 | 2.50% | XS2109766126 |
| Hong Kong Sukuk 2017 LTD | 4.83% | 2027-02-28 | 3.13% | XS1555404786 |
| Oman | 4.84% | 2027-03-08 | 5.38% | US682051AE72 |
| Oman | 4.91% | 2027-03-08 | 5.38% | XS1575967218 |
| Guatemala | 5.07% | 2027-06-05 | 4.38% | USP5015VAG16 |
| Indonesia | 4.79% | 2027-06-06 | 4.40% | US71567RAU05 |
| Indonesia | 4.84% | 2027-09-20 | 4.15% | US455780DM52 |
| Turkiye | 5.69% | 2027-09-24 | 8.60% | USM88269US88 |
| Mongolia | 5.98% | 2028-01-19 | 8.65% | USY6142NAG35 |
| Saudi Arabia | 5.19% | 2028-01-18 | 4.75% | XS2577134401 |
| Dominican Republic | 5.88% | 2028-07-19 | 6.00% | USP3579ECB13 |
| South Korea | 4.85% | 2028-09-20 | 3.50% | US50064FAP99 |
| Mexico | 5.34% | 2029-04-22 | 4.50% | US91087BAF76 |
| Turkiye | 6.57% | 2029-04-26 | 7.62% | US900123CT57 |
| Colombia | 6.29% | 2030-04-25 | 7.38% | US195325ER27 |
| Paraguay | 5.56% | 2031-04-28 | 4.95% | USP75744AJ47 |
| South Africa | 5.98% | 2032-04-20 | 5.88% | US836205BC70 |
| Colombia | 7.12% | 2033-04-20 | 8.00% | US195325EF88 |
| Turkiye | 7.47% | 2034-05-15 | 7.62% | US900123DK30 |
| Colombia | 7.25% | 2035-04-25 | 8.50% | US195325ES00 |
| Mexico | 6.71% | 2036-05-07 | 6.00% | US91087BAZ31 |
| Mexico | 7.09% | 2040-01-11 | 6.05% | US91086QAV05 |
| Dominican Republic | 7.29% | 2044-04-30 | 7.45% | USP3579EAY34 |
| Colombia | 7.80% | 2049-05-15 | 5.20% | US195325DQ52 |
| ABU Dhabi | 6.33% | 2054-04-30 | 5.50% | XS2811094213 |
| UAE | 6.26% | 2061-10-19 | 3.25% | XS2397055703 |
| Peru | 6.41% | 2072-01-15 | 3.60% | US715638DW93 |
| Mexico | 7.58% | 2110-10-12 | 5.75% | US91086QAZ19 |
| Peru | 6.28% | 2121-07-28 | 3.23% | US715638DR09 |