Updated May 2026 · U.S. Treasury
What Is 10-Year Treasury Yield?
10-Year Treasury Yield is currently at 4.5%, down -0.0% from the previous reading of 4.5%. The series is published by U.S. Treasury on a daily schedule, last updated 2026-05-27.
Current Reading
How to Read This Reading
4.5% sits in the lower portion of the recent historical range for 10Y Treasury. The reading is depressed relative to recent norms; the open question is whether this is a near-term cyclical low or the start of a more persistent shift.
10Y Treasury has moved lower from 4.5% to 4.5% since the prior daily release — a modest move of -0.0%. Pair this with the related indicators below before drawing strong conclusions; isolated moves on a single release often look larger than they really are.
Interest-rate and yield indicators describe the cost of borrowing across the economy. The federal funds rate is set directly by the Federal Reserve; longer-term Treasury yields are set by the bond market and reflect investor expectations about future growth and inflation. See the FOMC for the current policy stance.
What 10Y Treasury Measures
The 10-year Treasury yield is the return investors earn on U.S. government bonds maturing in 10 years. It serves as the benchmark for mortgage rates, corporate bond yields, and the global risk-free rate.
The 10-year yield at 4.12% reflects market expectations for interest rates, inflation, and economic growth over the next decade. For executives, this rate directly affects: corporate borrowing costs (investment-grade bonds typically yield 10Y + 1-2%), mortgage rates (typically 10Y + 1.5-2%), and equity valuations (higher yields make bonds more competitive with stocks, pressuring P/E ratios).
Methodology
The 10-year yield is determined by market supply and demand for Treasury securities. Key influences include: Fed policy expectations, inflation outlook, economic growth expectations, foreign demand for U.S. bonds, and Treasury issuance volumes. The yield moves inversely to the bond price.
ExecBolt does not estimate, model, or interpolate this value — every reading on this page is pulled directly from U.S. Treasury (series DGS10). For full sourcing standards and citation guidance, see the methodology page; for plain-language background on the underlying concept, see the learn library; for live cross-checks against related series, see the indicators dashboard.
| Detail | Value |
|---|---|
| Full name | 10-Year Treasury Yield |
| Source | U.S. Treasury |
| Series ID | DGS10 |
| Frequency | Daily |
| Category | rates |
| Last updated | 2026-05-27 |
Related Indicators
Frequently Asked Questions
What is 10-Year Treasury Yield right now?
10-Year Treasury Yield is currently at 4.5%, down -0.0% from the previous reading of 4.5%. The series is published by U.S. Treasury on a daily schedule, last updated 2026-05-27.
How is 10Y Treasury calculated?
The 10-year yield is determined by market supply and demand for Treasury securities. Key influences include: Fed policy expectations, inflation outlook, economic growth expectations, foreign demand for U.S. bonds, and Treasury issuance volumes. The yield moves inversely to the bond price.
What does 10Y Treasury mean for business?
The 10-year yield at 4.12% reflects market expectations for interest rates, inflation, and economic growth over the next decade. For executives, this rate directly affects: corporate borrowing costs (investment-grade bonds typically yield 10Y + 1-2%), mortgage rates (typically 10Y + 1.5-2%), and equity valuations (higher yields make bonds more competitive with stocks, pressuring P/E ratios).
How often is 10Y Treasury updated?
10Y Treasury is published on a daily schedule by U.S. Treasury. The most recent reading is dated 2026-05-27.
Where can I verify this number?
The primary source for 10-Year Treasury Yield is U.S. Treasury at https://home.treasury.gov/resource-center/data-chart-center/interest-rates (series DGS10). The historical series is also archived at U.S. Treasury and available via API for programmatic verification.