US Government Bond Yields (USD)
Fitted spot curve as of 2026-10-16
https://bondscovery.com/yield-curve/usd-government-3
US Government Bond Yields (USD) as of 2026-10-16: 10Y at 5.04%, fitted curve 1M–30Y (4.15%–5.52%), 351 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.15% | — |
| 3M | 4.19% | 4.21% |
| 6M | 4.28% | 4.46% |
| 9M | 4.40% | 4.80% |
| 12M | 4.51% | 4.80% |
| 18M | 4.65% | 5.01% |
| 2Y | 4.74% | 5.06% |
| 3Y | 4.82% | 5.07% |
| 4Y | 4.86% | 5.07% |
| 5Y | 4.92% | 5.24% |
| 6Y | 4.97% | 5.34% |
| 7Y | 5.00% | 5.28% |
| 8Y | 5.01% | 5.15% |
| 9Y | 5.01% | 5.13% |
| 10Y | 5.04% | 5.38% |
| 15Y | 5.38% | 6.55% |
| 20Y | 5.51% | 6.35% |
| 25Y | 5.52% | 5.60% |
| 30Y | 5.42% | 4.26% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.74% and the 10-year 5.04%, a 10Y−2Y spread of +30 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 | 4.74% | 4.64% | 4.38% |
| 10Y | 5.04% | 4.98% | 4.77% |
| 10Y − 2Y | +30 bp | +35 bp | +39 bp |
Bonds in this curve
A selection of 30 of the 373 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| USA | 4.00% | 2026-11-15 | 4.62% | US91282CJK80 |
| USA | 4.01% | 2026-11-30 | 1.62% | US912828YU85 |
| USA | 4.05% | 2026-12-24 | 0.00% | US912797TC16 |
| USA | 4.10% | 2027-01-15 | 4.00% | US91282CJT99 |
| USA | 4.23% | 2027-03-18 | 0.00% | US912797UD79 |
| USA | 4.22% | 2027-03-31 | 2.50% | US91282CEF41 |
| USA | 4.44% | 2027-06-15 | 4.62% | US91282CKV27 |
| USA | 4.39% | 2027-06-30 | 0.50% | US912828ZV59 |
| USA | 4.48% | 2027-09-15 | 3.38% | US91282CLL36 |
| USA | 4.37% | 2027-09-30 | 0.00% | US912797WJ22 |
| USA | 4.63% | 2028-01-31 | 3.50% | US91282CGH88 |
| USA | 4.63% | 2028-02-15 | 4.25% | US91282CMN82 |
| USA | 4.70% | 2028-07-31 | 4.12% | US91282CHQ78 |
| USA | 4.73% | 2028-07-31 | 4.25% | US91282CRB99 |
| USA | 4.81% | 2029-04-30 | 2.88% | US91282CEM91 |
| USA | 4.83% | 2029-05-15 | 2.38% | US9128286T26 |
| USA | 4.85% | 2030-04-30 | 3.50% | US91282CGZ86 |
| USA | 4.86% | 2030-04-30 | 3.88% | US91282CMZ13 |
| USA | 4.90% | 2031-04-30 | 4.62% | US91282CKN01 |
| USA | 4.89% | 2031-04-30 | 3.88% | US91282CQK08 |
| USA | 4.99% | 2032-05-15 | 2.88% | US91282CEP23 |
| USA | 4.92% | 2032-05-31 | 4.12% | US91282CNF40 |
| USA | 4.98% | 2033-05-15 | 3.38% | US91282CHC82 |
| USA | 5.00% | 2034-05-15 | 4.38% | US91282CKQ32 |
| USA | 5.04% | 2035-05-15 | 4.25% | US91282CNC19 |
| USA | 5.11% | 2036-05-15 | 4.38% | US91282CQQ77 |
| USA | 5.14% | 2039-05-15 | 4.25% | US912810QB70 |
| USA | 5.48% | 2044-05-15 | 4.62% | US912810UB25 |
| USA | 5.51% | 2049-05-15 | 2.88% | US912810SH23 |
| USA | 5.47% | 2054-05-15 | 4.62% | US912810UA42 |