US 10-Year Government Bond Yield
US 10-Year Government Bond Yield stood at 5.1% on Oct 15, 2026, according to FRED (Federal Reserve Bank of St. Louis). It is one of the indicators in the Government bond yields table (Value · Daily), with a complete series running from Jan 2, 1962 to Oct 15, 2026. The complete series with an interactive chart, free to download.
This indicator in the Government bond yields table
| Indicator | 15-10-2026 | 14-10-2026 | 13-10-2026 | 09-10-2026 | 08-10-2026 | 07-10-2026 | 06-10-2026 | 05-10-2026 | 02-10-2026 | 01-10-2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 10-year | 5.1 | 5.19 | 5.21 | 5.24 | 5.22 | 5.28 | 5.27 | 5.31 | 5.28 | 5.24 | |
| 20-year | 5.48 | 5.57 | 5.6 | 5.65 | 5.64 | 5.71 | 5.68 | 5.7 | 5.67 | 5.64 | |
| 30-year | 5.43 | 5.52 | 5.56 | 5.6 | 5.6 | 5.67 | 5.64 | 5.66 | 5.63 | 5.61 |
Understanding US 10-Year Government Bond Yield
The ten-year maturity measures the annualised nominal yield of US Government bonds with a remaining duration of around ten years, derived from secondary market transaction prices. This is neither the coupon rate, the real inflation-adjusted return, nor the yield of a specific bond purchased precisely on its issuance date. Compared to the twenty- and thirty-year maturities in the same table, it carries less duration risk and generally reacts more clearly to medium-term monetary policy outlooks, economic growth, and inflation.
Daily data volatility between consecutive sessions may reflect fresh news, liquidity shifts, or changing risk appetites, making multi-session trends more meaningful than single data points. When assessing high or low levels, analysts should cross-reference short maturities and real yields rather than treating this as a direct inflation forecast. Series may be adjusted if interpolation methods or input data are updated. Holiday discrepancies and closing hour variations also warrant caution when aligning with other markets.
Frequently asked questions
- Is the ten-year yield the coupon interest rate of the bond?
- No. The coupon is fixed according to issuance terms, while the yield fluctuates with market prices and remaining cash flows.
- Does an increasing yield mean bond prices are rising or falling?
- Prices typically fall as yields rise, since prices and yields move in opposite directions all else being equal.
- Can this level be considered the market's inflation expectation?
- They should not be equated. Nominal yields also incorporate real yields, term premiums, and various supply and demand factors.