Yield Curve & Ratesdaily
10Y Treasury Yield
Yield on 10-year US Treasury, the global risk-free benchmark.
The 10Y Treasury Yield is currently 4.30%, last updated .
4.30%
1W +0.23%1M +0.00%3M +0.00%
Updated 15m agoInterest rates set the price of money and ripple through every asset class. An inverted yield curve has preceded every U.S. recession since the 1960s, making this the single most-watched corner of fixed income. Monitoring rate differentials, real yields, and forward expectations helps traders anticipate risk-on or risk-off regime shifts.
Updated just now
AI Analysis
Apr 15, 2026Rate differential mechanism appears broken: DXY-DGS10 correlation at 0.00 (historically this correlation is strongly positive, meaning higher US rates should attract dollar flows — the breakdown is structural).
Recent Data
| Date | Value | Change |
|---|---|---|
| Apr 13, 2026 | 4.30% | -0.23% |
| Apr 10, 2026 | 4.31% | +0.47% |
| Apr 9, 2026 | 4.29% | +0.00% |
| Apr 8, 2026 | 4.29% | -0.92% |
| Apr 7, 2026 | 4.33% | -0.23% |
| Apr 6, 2026 | 4.34% | -0.23% |
| Apr 3, 2026 | 4.35% | +0.93% |
| Apr 2, 2026 | 4.31% | -0.46% |
| Apr 1, 2026 | 4.33% | +0.70% |
| Mar 31, 2026 | 4.30% | — |
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Explore Further
Forecast 2026
10Y Treasury Yield Outlook
Scenario-weighted forecast using scenario weighted approach.
Comparison
10Y vs 2Y Treasury Yield
The spread between the 10-year and 2-year Treasury yield is the most-watched recession indicator on Wall Street. When th...
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Fed Funds Rate vs 10Y Yield
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Comparison
30Y vs 10Y Treasury Yield
The spread between 30Y and 10Y yields reflects term premium at the long end of the curve. When the 30Y yield rises faste...
Comparison
UK 10Y Gilt vs US 10Y Treasury
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Bitcoin vs 10Y Treasury Yield
Bitcoin trades like a long-duration asset, which means rising 10Y yields create headwinds and falling yields fuel rallie...
Comparison
10Y Treasury vs 10Y-3M Spread
The 10Y minus 3M spread is the NY Fed's preferred recession model input. Pairing the 10Y level with this spread reveals ...
Comparison
10Y vs 5Y Treasury Yield
The 5Y-10Y spread captures the middle of the yield curve, where term-premium dynamics and long-run growth expectations m...
Comparison
BAA Corporate Yield vs 10Y Treasury
BAA is the lowest investment-grade Moody's rating. The BAA minus 10Y spread is one of the longest-running credit risk in...
Comparison
AAA Corporate Yield vs 10Y Treasury
AAA is the highest corporate credit rating. The AAA minus 10Y spread is among the purest credit risk measures, isolating...
Comparison
ICE BofA IG Corporate Yield vs 10Y Treasury
The ICE BofA IG effective yield minus 10Y captures the all-in yield pickup from investment-grade corporates over Treasur...
Comparison
HY Corporate Yield vs 10Y Treasury
HY effective yield minus 10Y captures the total yield premium available in high yield. HY yields above 8% have historica...
Comparison
10Y Term Premium vs 10Y Treasury
The Adrian-Crump-Moench term premium estimates what compensation investors demand beyond expected short rates. A negativ...
Comparison
10Y TIPS Yield vs 10Y Treasury
The difference between the nominal 10Y and the 10Y TIPS yield is the 10Y breakeven inflation expectation. Comparing the ...
Comparison
30Y Mortgage Rate vs 10Y Treasury
The 30Y mortgage rate typically sits 150-200bp above the 10Y Treasury. When the spread widens beyond 250bp, mortgage mar...
Comparison
USD/JPY vs 10Y Treasury
USD/JPY is one of the most rate-sensitive major currency pairs. When 10Y yields rise, USD/JPY typically rises as yen wea...
Comparison
EUR/USD vs 10Y Treasury
EUR/USD is driven partly by US-Europe rate differentials. When US 10Y rises faster than European equivalents, EUR weaken...
Comparison
10Y Treasury Yield vs CPI
The gap between 10Y nominal and CPI year-over-year is the realized real yield. When 10Y rises faster than CPI, real yiel...
Comparison
10Y Treasury Yield vs Real GDP
Over long periods, 10Y yields approximately track nominal GDP growth. Deviations reveal investor views about forward gro...
Comparison
WTI Oil vs 10Y Treasury
Oil and 10Y yields often move together because oil feeds into breakeven inflation, which feeds into nominal yields. Dive...
Comparison
Dollar Index vs 10Y Treasury
Dollar strength is typically supported by rising US yields because higher yields attract foreign capital. When the dolla...
Comparison
1Y vs 10Y Treasury Yield
The 1s10s spread is another classic recession-signal curve. The 1Y reflects near-term Fed policy expectations while the ...
Comparison
Gold vs 10Y Treasury Yield
Gold typically moves inversely with nominal 10Y yields, but the real yield (adjusting for inflation) matters more. When ...
Comparison
VIX vs 10Y Treasury Yield
VIX and 10Y yields typically move inversely during equity drawdowns (flight to quality drives yields down while VIX rise...
Comparison
Nvidia (NVDA) vs 10Y Treasury Yield
Nvidia as the highest-multiple AI leader is in theory highly duration-sensitive: higher yields should hurt NVDA more tha...
Comparison
Technology (XLK) vs 10Y Treasury Yield
Technology stocks are theoretically the longest-duration equity sector, with most value in future cash flows. Rising 10Y...
Comparison
Financials (XLF) vs 10Y Treasury Yield
Banks benefit from higher yields that expand net interest margins, so XLF typically rises with yields. When XLF sells of...
Comparison
Real Estate (XLRE) vs 10Y Treasury Yield
REITs are highly rate-sensitive because high rates raise cap rates (compressing property values) and increase financing ...
Comparison
Utilities (XLU) vs 10Y Treasury Yield
Utilities are classic bond proxies with regulated returns and high dividend yields. XLU should move inversely to 10Y yie...
Comparison
Consumer Staples (XLP) vs 10Y Treasury Yield
Consumer staples have bond-proxy characteristics (high dividends, stable cash flows) but also inflation pass-through. XL...
Comparison
Energy (XLE) vs 10Y Treasury Yield
Energy stocks and bond yields often rise together during inflation cycles because both reflect rising inflation expectat...
Comparison
Industrials (XLI) vs 10Y Treasury Yield
Industrials benefit from economic expansion that also drives yields higher, so they should correlate positively with 10Y...
Comparison
Regional Banks (KRE) vs 10Y Treasury Yield
Regional banks are complex: rising short rates expand NIM but falling long yields destroy bond portfolio value. KRE sold...
Comparison
Semiconductors (SMH) vs 10Y Treasury Yield
Semiconductors are among the longest-duration assets because AI-capex growth stories have long payoff horizons. Rising 1...
Comparison
Nasdaq 100 (QQQ) vs 10Y Treasury Yield
QQQ is heavily weighted toward long-duration growth names. Rising 10Y yields should theoretically pressure QQQ. The 2023...
Comparison
S&P 500 vs 10Y Treasury Yield
The stock-bond relationship has evolved. From 2000-2021 stocks and bonds moved inversely (stocks up, yields down). Post-...
Comparison
Russell 2000 (IWM) vs 10Y Treasury Yield
Small caps are more sensitive to credit conditions than large caps because they have more variable-rate debt. Rising 10Y...
Comparison
TIPS (TIP) vs 10Y Treasury Yield
TIP rallies when real yields fall (falling nominal yields not offset by falling breakevens). When 10Y rises but TIP rall...
Comparison
Tesla (TSLA) vs 10Y Treasury Yield
Tesla is one of the most duration-sensitive mega caps because its valuation depends on future cash flows from autonomy, ...
Comparison
10Y Treasury vs Case-Shiller Home Prices
Rising 10Y yields typically slow home price appreciation through mortgage-rate transmission. The post-2022 period saw yi...
Comparison
SOFR vs 10Y Treasury Yield
SOFR is the overnight risk-free rate; DGS10 is the 10-year. Their spread captures the slope of the risk-free curve. When...
Comparison
10Y Breakeven Inflation vs 10Y Treasury Yield
Nominal yield equals real yield plus breakeven (Fisher equation). When nominal rises faster than breakeven, real yields ...
Comparison
PPI Final Demand vs 10Y Treasury Yield
PPI leads CPI pipeline inflation by 2-6 months. 10Y yields incorporate inflation expectations. When PPI spikes while 10Y...
Scenario
What Happens When a Treasury Auction Fails?
What happens when Treasury auctions see weak demand? Fiscal dominance concerns, yield spikes, and the threat to the glob...
Scenario
What Happens When Core PCE Exceeds 4%?
Core PCE above 4% represents severe Fed target overshoot. What happens to rates, markets, and the Fed when the preferred...
Scenario
What Happens When the Fed Cuts Rates to Zero?
Zero interest-rate policy (ZIRP) marks extreme monetary easing. What happens to markets, saving, and the economy when th...
Scenario
What Happens When the 10Y Treasury Yield Exceeds 5%?
10-year Treasury yields above 5% represent extreme tightening of financial conditions. What happens to equities, housing...
Scenario
What Happens When SOFR Spikes Above Fed Funds?
SOFR spikes signal acute funding stress in Treasury repo markets. What happens when overnight funding rates rise above t...
Scenario
What Happens When the Euro Hits Parity with the Dollar?
EUR/USD parity signals extreme dollar strength and European economic stress. What happens to European equities, ECB poli...
Scenario
What Happens When the Copper-Gold Ratio Collapses?
Copper-gold ratio collapse signals growth concerns and is often called "Dr. Copper's recession warning". What happens wh...
Category
All Rates & Yield Curve Data
Live Treasury yields, term spreads, and interest rate data. Track the yield curve, Fed Funds rate, and real rates that d...
Frequently Asked Questions
▶What is 10Y Treasury Yield?
Yield on 10-year US Treasury, the global risk-free benchmark.
▶How does 10Y Treasury Yield relate to yield curve & rates?
10Y Treasury Yield is part of the Yield Curve & Rates category. Interest rates set the price of money and ripple through every asset class. An inverted yield curve has preceded every U.S. recession since the 1960s, making this the single most-watched corner of fixed income. Monitoring rate differentials, real yields, and forward expectations helps traders anticipate risk-on or risk-off regime shifts.
▶How often is 10Y Treasury Yield updated?
10Y Treasury Yield is updated once per day after market close. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
▶Where does Convex source 10Y Treasury Yield data?
Convex sources 10Y Treasury Yield data from the Federal Reserve Economic Data (FRED) API, maintained by the Federal Reserve Bank of St. Louis. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
▶What can I do on the 10Y Treasury Yield chart page?
The 10Y Treasury Yield page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.
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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated daily. This page is for informational purposes only and does not constitute financial advice.