MACRO · RATES
US 10-year Treasury yield
The interest rate the market sets when the US government borrows for ten years.
Current value5.21%-0.03 ppChange from previous observation · as of Oct 13, 2026
Latest value
Published every business day| Current value | 5.21% |
|---|---|
| Observation date | Oct 13, 2026 |
| Published | Every business day |
| vs previous observation | -0.03 pp |
| vs 1 month ago | +0.25 pp |
| vs 1 year ago | +1.16 pp |
| Past-year range | 3.97% to 5.31% |
| Position in range | 93% (0% = 1-year low, 100% = 1-year high) |
Source: Board of Governors of the Federal Reserve System (US), Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity, Quoted on an Investment Basis [DGS10], retrieved from FRED, Federal Reserve Bank of St. Louis
What this number measures
The 10-year US Treasury yield is the most widely used long-term rate benchmark in the world. Mortgage rates, corporate bond yields and even discussions of stock valuations often start from this number.
The longer the maturity, the more the market's view of inflation and the policy path over that period is reflected in the price. The 10-year yield therefore often moves at a different pace from short-term rates.
How it is calculated and when it is released
A constant maturity yield calculated daily by the US Treasury, read at the 10-year point of the yield curve.
Updated every US bond market business day. The value is not seasonally adjusted.
What this number does not tell you
- It is a nominal yield. The real yield after inflation is a separate series and is not on this page.
- It is a US market rate and does not directly explain Korean loan or deposit rates.
- It holds only the level, not a judgment on whether that level is appropriate.
Common misreadings
- Reading its link to stocks as a rule
There is no fixed rule that stock prices fall when yields rise. In the past there were periods when the two moved in the same direction and periods when they moved in opposite directions.
- Treating it as a loan rate
The 10-year yield is the terms on which the government borrows. Individuals and companies pay an extra spread based on their credit, so actual loan rates are higher.
※ This explains the definition and past observations of the indicator. It does not forecast future values or market direction.
Other indicators in this group (Interest rates)
This page is information based on public data and is not advice on any stock or financial product. The indicators summarize current and past facts and do not forecast the future.