Treasury yields finish little changed; 10-year ends at 4.97%
US Treasury close for 2026-09-14: 2Y 4.65%, 10Y 4.97%, 30Y 5.34%; 2s10s 32 bp. Market data and edition dates are shown separately.
Outright moves were contained across the main benchmarks, leaving curve shape as the cleaner signal. The 10-year finished at 4.97%, up 1.0 bp from the previous official observation.
Rates in context
At the policy-sensitive end, the 2-year closed at 4.65% (+2.0 bp). Five-year yields ended at 4.80% (+2.0 bp), while the 30-year finished at 5.34% (-1.0 bp).
The curve beneath the headline
A positive 32.0 bp 2s10s spread left the curve flatter by 1.0 bp. The 5s30s spread stood at 54.0 bp, a 3.0 bp narrowing, while 1s10s finished at 60.0 bp.
What BondStats is watching
No single maturity dominated enough to call this a one-factor move. The useful information is in the cross-curve comparison rather than in attaching a narrative to one benchmark.
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.