US 10 Year Treasury Bond Note Yield - Quote - Chart - Historical Data (2024)

FAQs

What is the historical average of the 10 year Treasury yield? ›

10 Year Treasury Rate is at 4.47%, compared to 4.43% the previous market day and 3.73% last year. This is lower than the long term average of 5.86%.

10 Year Treasury Rate (I:10YTCMR)

10 Year Treasury Rate is at 4.46%, compared to 4.47% the previous market day and 3.83% last year. This is higher than the long term average of 4.25%.

US 10 Year Note Bond Yield was 4.57 percent on Wednesday May 29, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the US 10 Year Treasury Bond Note Yield reached an all time high of 15.82 in September of 1981.

The U.S. 10-Year Bond is a debt obligation note by The United States Treasury, that has the eventual maturity of 10 years. The yield on a Treasury bill represents the return an investor will receive by holding the bond to maturity, and should be monitored closely as an indicator of the government debt situation.

The 10 year treasury is the benchmark used to decide mortgage rates across the U.S. and is the most liquid and widely traded bond in the world. The current 10 year treasury yield as of April 29, 2024 is 4.63%.

Over the past 10 years it has averaged a 2.12% average annual return, although that figure has fluctuated from a 9.6% high to a -2.6% loss. This is consistent with the S&P 500 Municipal Bond Index, which has a 2.6% 10 year return. Remember, a financial advisor guide you through bond portfolios.

Investors can choose to hold Treasury notes until maturity or sell them early in the secondary market. There's no minimum holding term.

Choosing between a CD and Treasuries depends on how long of a term you want. For terms of one to six months, as well as 10 years, rates are close enough that Treasuries are the better pick. For terms of one to five years, CDs are currently paying more, and it's a large enough difference to give them the edge.

Treasury notes are medium-term, ranging from two to 10 years, and are otherwise the same, with semiannual interest payments and the face value when they mature. Treasury bills mature within a year, do not pay interest, and are sold at a discount to the face value that you get at maturity.

Fixed-rate mortgages are tied to the 10-year Treasury yield. When that goes up or down, fixed-rate mortgage rates follow suit. The fixed mortgage rate isn't exactly the same as the 10-year yield, however; there's a gap between the two.

What is the real 10 year Treasury yield? ›

10 Year Real Treasury Rate is at 2.14%, compared to 2.17% yesterday and 1.58% last year.

Many factors like inflation expectations, economic growth and monetary policy are in play in determining yields for 10-year Treasuries. As interest rates have risen and the inflation rate declined from its 2022 peak of over 9%, the real interest rate has once again entered positive territory.

The United States 10 Years Government Bond Yield is expected to be 4.917% by the end of September 2024. Video Player is loading. It would mean an increase of 37.6 bp, if compared to last quotation (4.541%, last update 28 May 2024 20:15 GMT+0).

If bond yields rise, existing bonds lose value. The change in bond values only relates to a bond's price on the open market, meaning if the bond is sold before maturity, the seller will obtain a higher or lower price for the bond compared to its face value, depending on current interest rates.

A T-note's yield is its annual income divided by its current price. When demand is high, bidders pay more, resulting in a lower yield and ultimately, a lower return on your investment. The yield on the 10-year Treasury is watched closely, as it's used to measure how confident investors are in the economy.

30 Year Treasury Rate is at 4.58%, compared to 4.56% the previous market day and 3.95% last year. This is lower than the long term average of 4.74%.

Over the long-term, the historical average spread between the multifamily cap rate and 10-Y T-bills stands close to 2.15%, or 215 basis points. More recently, since the 2008 Great Recession, the spread has increased close to 3.15%.

Basic Info. 10-2 Year Treasury Yield Spread is at -0.38%, compared to -0.41% the previous market day and -0.58% last year. This is lower than the long term average of 0.87%. The 10-2 Treasury Yield Spread is the difference between the 10 year treasury rate and the 2 year treasury rate.

Historically, 10-Year Treasury Constant Maturity Rate reached a record high of 15.84 and a record low of 0.52, the median value is 5.55. Typical value range is from 1.45 to 3.43. The Year-Over-Year growth is 20.39%.