United States

Largest government bond market globally.

United States Government Bond Yields

US government bond yields reflect market expectations for inflation, economic growth, and Federal Reserve monetary policy. Treasury yields are closely monitored by investors as key indicators of financial conditions and economic outlook.

US 10-Year Treasury Yield Data

Historical data for the United States 10-year Treasury yield, showing changes in long-term interest rates and market expectations over time.

This chart shows the development of the 10-year U.S. Treasury yield from 1970 to the present. Interest rates increased sharply during the late 1970s and early 1980s, largely driven by high inflation and the tightening of monetary policy. After this peak, yields followed a long-term downward trend over several decades, reflecting declining inflation, structural economic changes, and more accommodative monetary policies.

Following the 2008 global financial crisis, yields remained at historically low levels for an extended period. In recent years, however, yields have risen again as inflation increased and the Federal Reserve tightened monetary policy. The chart illustrates how long-term interest rates are closely linked to macroeconomic conditions such as inflation, economic growth, and central bank policy.