Front end and long end diverge; 10-year ends at 4.40%
US Treasury close for 2026-04-30: 2Y 3.88%, 10Y 4.40%, 30Y 4.98%; 2s10s 52 bp. Market data and edition dates are shown separately.
Opposite moves in the 2-year and 30-year points make relative-value changes more informative than a single benchmark. Ten-year yields finished at 4.40%, down 2.0 bp from the previous official observation.
Rates in context
At the policy-sensitive end, the 2-year closed at 3.88% (-4.0 bp). Five-year yields ended at 4.02% (-3.0 bp), while the 30-year finished at 4.98% (0.0 bp).
Curve structure
A positive 52.0 bp 2s10s spread left the curve steeper by 2.0 bp. The 5s30s spread stood at 96.0 bp, a 3.0 bp widening, while 1s10s finished at 68.0 bp.
Market lens
Front-end repricing was stronger than the long-end move. That makes the session more sensitive to the path of near-term rates than a simple reading of the 10-year headline suggests.
Read left to right as a transmission map, not as a claim that every link has already occurred. Each step requires its own evidence.
BondStats computes these comparisons from official US Treasury daily par yield-curve observations. They are indicative par yields, not transaction prices. Causal claims are deliberately excluded unless a separate primary source establishes them.
Fact anchored to U.S. Department of the Treasury.
Interpretation kept separate from the release.
Confirmation requires subsequent market or primary-source evidence.