The yield on the US 10-year Treasury note fell to 4.44% on Thursday, partially reversing the nearly 5bps increase recorded in the previous session, as investors digested the latest FOMC decision and assessed what new Fed Chair Kevin Warsh's leadership could mean for monetary policy and inflation. The Fed left the federal funds rate unchanged, as widely expected, but signalled that further tightening may be needed this year to contain inflationary pressures. Around half of policymakers now expect at least one rate hike in 2026, while the Fed sharply raised its forecasts for both headline and core PCE inflation this year. Warsh also sought to reinforce his inflation-fighting credentials, reaffirming the central bank's commitment to restoring price stability. Markets are now fully pricing in a rate hike by October. Meanwhile, the yield on the policy-sensitive 2-year Treasury note edged up to 4.20%. US bond markets will be closed on Friday for a holiday.

The yield on US 10 Year Note Bond Yield eased to 4.46% on June 18, 2026, marking a 0.04 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.21 points, though it remains 0.07 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the US 10 Year Treasury Note Yield reached an all time high of 15.82 in September of 1981. US 10 Year Treasury Note Yield - data, forecasts, historical chart - was last updated on June 20 of 2026.

The yield on US 10 Year Note Bond Yield eased to 4.46% on June 18, 2026, marking a 0.04 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.21 points, though it remains 0.07 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. The US 10 Year Treasury Note Yield is expected to trade at 4.48 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4.27 in 12 months time.



Bonds Yield Day Month Year Date
US 10Y 4.46 -0.040% -0.211% 0.074% Jun/18
US 4W 3.64 -0.017% 0.024% -0.543% Jun/18
US 8W 3.70 0.009% 0.057% -0.806% Jun/18
US 3M 3.75 -0.007% 0.091% -0.584% Jun/18
US 6M 3.90 -0.002% 0.161% -0.396% Jun/18
US 52W 3.99 0.003% 0.164% -0.097% Jun/18
US 2Y 4.19 -0.008% 0.060% 0.256% Jun/18
US 3Y 4.20 -0.019% -0.011% 0.318% Jun/18
US 5Y 4.24 -0.032% -0.089% 0.263% Jun/18
US 7Y 4.34 -0.031% -0.158% 0.178% Jun/18
US 20Y 4.91 -0.026% -0.286% 0.012% Jun/18
US 30Y 4.90 -0.035% -0.285% 0.010% Jun/18
US 10Y TIPS 2.18 -0.004% 0.064% 0.154% Jun/19
US 5Y TIPS 1.91 -0.012% 0.264% 0.294% Jun/18
US 30Y TIPS 2.70 -0.006% -0.126% 0.104% Jun/19



Related Last Previous Unit Reference
United States Inflation Rate 4.20 3.80 percent May 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Jun 2026
United States Unemployment Rate 4.30 4.30 percent May 2026

US 10 Year Treasury Note Yield
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
Actual Previous Highest Lowest Dates Unit Frequency
4.46 4.50 15.82 0.32 1912 - 2026 percent Daily

News Stream
10-Year Treasury Yield Edges Down
The yield on the US 10-year Treasury note fell to 4.44% on Thursday, partially reversing the nearly 5bps increase recorded in the previous session, as investors digested the latest FOMC decision and assessed what new Fed Chair Kevin Warsh's leadership could mean for monetary policy and inflation. The Fed left the federal funds rate unchanged, as widely expected, but signalled that further tightening may be needed this year to contain inflationary pressures. Around half of policymakers now expect at least one rate hike in 2026, while the Fed sharply raised its forecasts for both headline and core PCE inflation this year. Warsh also sought to reinforce his inflation-fighting credentials, reaffirming the central bank's commitment to restoring price stability. Markets are now fully pricing in a rate hike by October. Meanwhile, the yield on the policy-sensitive 2-year Treasury note edged up to 4.20%. US bond markets will be closed on Friday for a holiday.
2026-06-18
US 10Y Yield Steadies on Hawkish Fed Signals
The yield on the 10-year US Treasury note held around 4.46% on Thursday after rising nearly 5 basis points in the previous session, as the Federal Reserve kept interest rates unchanged but signaled growing support for rate hikes later this year. Half of FOMC members now expect at least one rate increase, with the central bank sharply raising its inflation forecasts amid the economic impact of the conflict in the Middle East. Meanwhile, Fed Chair Kevin Warsh declined to provide guidance on the next policy move but emphasized that inflation has remained above the Fed’s 2% target for several years and reiterated the central bank’s commitment to restoring price stability. On the geopolitical front, President Donald Trump signed an interim agreement to end the war with Iran and reopen the Strait of Hormuz, though it remains unclear whether Iran has already begun steps to fully reopen the key shipping route.
2026-06-18
US 10-Year Yield Rebounds After Fed
The yield on the 10-year US Treasury note erased losses to hover at the 4.46% mark on Wednesday after the Federal Reserve held interest rates unchanged and projected the possibility of a rate hike this year. The Summary of Economic Projections showed that nearly half of the FOMC projected that at least one rate hike may be warranted this year, aligned with the upward revision to core inflation and lower expectations of unemployment. The pivot followed a batch of data pointing to higher underlying price growth following the war in the Middle East and its impact on energy prices, although labor market gauges remained robust. Notably, new Chairman Kevin Warsh refrained from penciling in his projections, reflecting continuity to his pushback against forward guidance by the Fed. The Chairman had also called for a smaller balance sheet for the central bank, particularly regarding longer term Treasury notes and bonds.
2026-06-17