2-year move leads the Treasury session; 10-year ends at 4.84%
US Treasury close for 2026-11-05: 2Y 4.46%, 10Y 4.84%, 30Y 5.25%; 2s10s 38 bp. Market data and edition dates are shown separately.
Leadership came from the 2-year point, where the yield fell 12.0 bp. Ten-year yields finished at 4.84%, down 6.0 bp from the previous official observation.
Rates in context
At the policy-sensitive end, the 2-year closed at 4.46% (-12.0 bp). Five-year yields ended at 4.59% (-10.0 bp), while the 30-year finished at 5.25% (-3.0 bp).
Curve structure
A positive 38.0 bp 2s10s spread left the curve steeper by 6.0 bp. The 5s30s spread stood at 66.0 bp, a 7.0 bp widening, while 1s10s finished at 56.0 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.
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.