US Treasury Bonds
Treasury yield rates across all maturities and yield curve analysis
Rates as of 2026-03-13 | Last updated: 2026-03-13 20:20:06
Yield Curve Shape
Normal
2Y–10Y Slope
+0.55%
Normal
2-Year Rate
3.73%
10-Year Rate
4.28%
30-Year Rate
4.9%
Avg Short-Term
3.72%
Under 1 Year
Avg Long-Term
4.69%
10+ Years
Treasury Rates by Maturity
| Maturity | Rate | Category |
|---|---|---|
| 1 Month | 3.75% | Short-term |
| 2 Month | 3.71% | Short-term |
| 3 Month | 3.72% | Short-term |
| 6 Month | 3.7% | Short-term |
| 1 Year | 3.66% | Medium-term |
| 2 Year | 3.73% | Medium-term |
| 3 Year | 3.74% | Medium-term |
| 5 Year | 3.87% | Medium-term |
| 7 Year | 4.07% | Medium-term |
| 10 Year | 4.28% | Long-term |
| 20 Year | 4.89% | Long-term |
| 30 Year | 4.9% | Long-term |
Understanding Treasury Bonds
What Are Treasury Bonds?
US Treasury securities are debt obligations issued by the US Department of the Treasury, backed by the full faith and credit of the US government — considered the world's safest investment.
Maturity Categories
- Short-term (<1yr): T-Bills — highest liquidity, lowest risk
- Medium-term (1–7yr): T-Notes — balance of yield and stability
- Long-term (10yr+): T-Bonds — highest yield, more price volatility
Yield Curve Shapes
- Normal: Long rates higher than short (healthy economy)
- Flat: Little difference between maturities (uncertainty)
- Inverted: Short rates higher than long (recession warning)
- Steep: Large spread between short and long rates
2Y–10Y Slope
The most watched yield curve indicator. A negative (inverted) slope has historically preceded recessions by 6–18 months. A positive slope signals normal economic conditions.
Why Rates Matter
- Mortgages: Follow the 10-year rate closely
- Stocks: Higher rates = lower valuations
- Corporate bonds: Treasury rate + credit spread
- Fed policy: Short-term rates set by the Federal Reserve
Investment Strategies
- Laddering: Staggered maturities to manage reinvestment risk
- Barbells: Short + long maturities, skip intermediate
- Flight to safety: During market stress, prices rise (yields fall)
- TIPS: Inflation-protected Treasury securities