US 10-Year Treasury Term Premium
US 10-Year Treasury Term Premium stood at 0.75% on Oct 15, 2026, according to Federal Reserve Bank of New York — ACM Term Premia. It is one of the indicators in the Daily Treasury term premium (ACM) table (Value · Daily), with a complete series running from Jun 14, 1961 to Oct 15, 2026. The complete series with an interactive chart, free to download.
This indicator in the Daily Treasury term premium (ACM) 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Term premium | |||||||||||
| 10-Year Maturity | 0.75 | 0.81 | 0.85 | 0.9 | 0.92 | 0.98 | 0.95 | 0.96 | 0.91 | 0.9 | |
| 2-Year Maturity | 0.33 | 0.35 | 0.37 | 0.4 | 0.39 | 0.42 | 0.43 | 0.45 | 0.43 | 0.41 |
Understanding US 10-Year Treasury Term Premium
The US 10-Year Treasury Term Premium evaluates the compensation investors demand for holding benchmark long-term government debt, capturing structural duration risk, inflation uncertainty, and supply dynamics over a decade. It purposefully removes the expected path of short-term interest rates to isolate the pure risk premium inherent in long-term borrowing costs. Unlike shorter maturity counterparts, this metric reflects multi-year structural horizons that anchor global financing conditions.
Issued on a daily trading frequency, the series is free from seasonality and past revisions, maintaining a stable historical record. Analysts assess the indicator by observing its level and momentum relative to historical trading bands, utilizing sequential session comparisons rather than standard calendar period metrics to gauge long-term risk appetite.