The yield on the US 10-year Treasury note climbed to around 4.24% on Thursday, reaching five-week highs as oil prices resumed their rally, heightening inflationary risks and reducing the likelihood of Federal Reserve interest rate cuts. Oil surged for a second day as the prospect of a protracted Iran war overshadowed a coordinated release of oil reserves by major economies, with the IEA approving its largest-ever release of 400 million barrels. Iraq also halted operations at its oil terminals after two tankers were targeted in Iraqi waters, highlighting elevated supply risks in the region. On the data front, February inflation came in line with forecasts, showing stable but above-target CPI. However, the full impact of the energy surge from the conflict has yet to be reflected. The Fed is widely expected to keep the federal funds rate steady next week, with traders pricing in only one 25 bps cut, possibly in September.

The yield on US 10 Year Note Bond Yield rose to 4.24% on March 12, 2026, marking a 0.01 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.19 points, though it remains 0.03 points lower 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 March 12 of 2026.

The yield on US 10 Year Note Bond Yield rose to 4.24% on March 12, 2026, marking a 0.01 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.19 points, though it remains 0.03 points lower 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 4.12 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 3.90 in 12 months time.



Bonds Yield Day Month Year Date
US 10Y 4.24 0.010% 0.189% -0.032% Mar/12
US 4W 3.71 0.005% 0.009% -0.581% Mar/12
US 8W 3.70 0.013% 0.008% -0.605% Mar/11
US 3M 3.70 0.010% 0.017% -0.599% Mar/12
US 6M 3.66 0.004% 0.048% -0.575% Mar/12
US 52W 3.61 0.011% 0.177% -0.438% Mar/12
US 2Y 3.68 0.021% 0.264% -0.298% Mar/12
US 3Y 3.70 0.014% 0.244% -0.258% Mar/12
US 5Y 3.82 0.013% 0.213% -0.206% Mar/12
US 7Y 4.02 0.011% 0.208% -0.141% Mar/12
US 20Y 4.85 -0.009% 0.209% 0.231% Mar/12
US 30Y 4.88 -0.001% 0.188% 0.299% Mar/12
US 10Y TIPS 1.86 0.060% 0.070% -0.118% Mar/11
US 5Y TIPS 1.17 0.049% -0.011% -0.336% Mar/11
US 30Y TIPS 2.64 0.080% 0.158% 0.272% Mar/11



Related Last Previous Unit Reference
United States Inflation Rate 2.40 2.40 percent Feb 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Feb 2026
United States Unemployment Rate 4.40 4.30 percent Feb 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
4.24 4.23 15.82 0.32 1912 - 2026 percent Daily

News Stream
US 10Y Yield Edges Higher on Inflation Risks
The yield on the US 10-year Treasury note climbed to around 4.24% on Thursday, reaching five-week highs as oil prices resumed their rally, heightening inflationary risks and reducing the likelihood of Federal Reserve interest rate cuts. Oil surged for a second day as the prospect of a protracted Iran war overshadowed a coordinated release of oil reserves by major economies, with the IEA approving its largest-ever release of 400 million barrels. Iraq also halted operations at its oil terminals after two tankers were targeted in Iraqi waters, highlighting elevated supply risks in the region. On the data front, February inflation came in line with forecasts, showing stable but above-target CPI. However, the full impact of the energy surge from the conflict has yet to be reflected. The Fed is widely expected to keep the federal funds rate steady next week, with traders pricing in only one 25 bps cut, possibly in September.
2026-03-12
Treasury Yields on the Rise Again
The yield on the US 10-year Treasury note rose to 4.2% on Wednesday, marking a second consecutive increase and reaching its highest level in about a month. Traders continue to monitor the war in Iran and its impact on oil markets. Oil saw brief relief amid reports that countries are preparing to release reserves, but prices resumed their rise, keeping concerns about an energy-driven inflation spike alive. On the data front, February inflation came in line with forecasts, showing stable but above-target CPI. However, the full effect of the energy surge from the conflict is yet to be reflected. The Fed is widely expected to keep the federal funds rate steady next week, with traders anticipating only one 25bps cut, possibly in September.
2026-03-11
US 10Y Yield Steadies Ahead of CPI Data
The yield on the 10-year US Treasury note held around 4.17% on Wednesday after facing heightened volatility earlier in the week, as investors awaited a key US inflation reading that could provide insight into recent price trends, though it is not yet expected to capture the impact of the Iran war. Traders also monitored developments in the Middle East amid mixed signals from the Trump administration. President Donald Trump said the conflict could end soon amid mounting market pressure, while senior officials indicated that military operations were intensifying and that diplomatic talks remained unlikely. Iran’s Revolutionary Guards also dismissed Trump’s claims, warning that the blockade would continue until US and Israeli attacks cease. Meanwhile, oil prices declined further after reports that the IEA proposed the largest release of oil reserves in its history to help stabilize markets.
2026-03-11