The yield on the US 10-year Treasury note edged down to 4.3% on Thursday after rising to as high as 4.38% early in the session, as a report that Iran is drafting a protocol with Oman to monitor traffic through the Strait of Hormuz offered some relief. However, volatility is expected to persist amid escalating rhetoric from President Trump and as crude prices remain near 2022 highs.Oil prices surged following Trump’s pledge to take more aggressive action against Iran. High energy prices are fuelling worries about an inflation spiral which could prompt the Fed to adopt a more hawkish stance. Earlier this week, Fed Chair Powell said officials may need to respond to the economic effects of the conflict, though not at this stage, adding that current policy is well positioned to allow a wait-and-see approach. Markets currently expect the Fed to keep the federal funds rate unchanged this year.

The yield on US 10 Year Note Bond Yield eased to 4.31% on April 2, 2026, marking a 0.02 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.23 points and is 0.25 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 April 2 of 2026.

The yield on US 10 Year Note Bond Yield eased to 4.31% on April 2, 2026, marking a 0.02 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.23 points and is 0.25 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 4.31 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 4.18 in 12 months time.



Bonds Yield Day Month Year Date
US 10Y 4.31 -0.015% 0.235% 0.252% Apr/02
US 4W 3.67 -0.022% -0.028% -0.639% Apr/02
US 8W 3.69 -0.006% -0.015% -0.619% Apr/02
US 3M 3.69 -0.001% 0.009% -0.605% Apr/02
US 6M 3.71 -0.001% 0.067% -0.486% Apr/02
US 52W 3.67 -0.001% 0.127% -0.256% Apr/02
US 2Y 3.80 -0.015% 0.294% 0.075% Apr/02
US 3Y 3.82 -0.014% 0.302% 0.132% Apr/02
US 5Y 3.95 -0.013% 0.292% 0.186% Apr/02
US 7Y 4.13 -0.019% 0.279% 0.236% Apr/02
US 20Y 4.89 -0.020% 0.234% 0.390% Apr/02
US 30Y 4.89 -0.017% 0.179% 0.401% Apr/02
US 10Y TIPS 1.95 -0.045% 0.194% 0.186% Apr/02
US 5Y TIPS 1.30 -0.095% 0.189% 0.108% Apr/02
US 30Y TIPS 2.68 -0.027% 0.191% 0.375% Apr/02



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 Mar 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
4.31 4.32 15.82 0.32 1912 - 2026 percent Daily

News Stream
Treasury Yields Ease After Early Rise
The yield on the US 10-year Treasury note edged down to 4.3% on Thursday after rising to as high as 4.38% early in the session, as a report that Iran is drafting a protocol with Oman to monitor traffic through the Strait of Hormuz offered some relief. However, volatility is expected to persist amid escalating rhetoric from President Trump and as crude prices remain near 2022 highs.Oil prices surged following Trump’s pledge to take more aggressive action against Iran. High energy prices are fuelling worries about an inflation spiral which could prompt the Fed to adopt a more hawkish stance. Earlier this week, Fed Chair Powell said officials may need to respond to the economic effects of the conflict, though not at this stage, adding that current policy is well positioned to allow a wait-and-see approach. Markets currently expect the Fed to keep the federal funds rate unchanged this year.
2026-04-02
Treasury Yields Rise as Oil Spikes
The yield on the US 10-year Treasury note edged up to 4.36% on Thursday, as concerns about a renewed inflation spiral resurfaced. Oil prices surged following US President Trump’s pledge to take more aggressive action against Iran, while offering no concrete plans to reopen the Strait of Hormuz. Crude prices remain near 2022 highs, fuelling worries about their inflationary impact, which could prompt the Fed to adopt a more hawkish stance and delay any rate cuts this year. Earlier this week, Fed Chair Powell said officials may need to respond to the economic effects of the conflict, though not at this stage, adding that current policy is well positioned to allow a wait-and-see approach. Markets currently expect the Fed to keep the federal funds rate unchanged this year.
2026-04-02
US 10-Year Yield Advances
The yield on the US 10-year Treasury note rose to 4.37% on Thursday as hopes for a quick end to the Middle East war faded, fueling concerns of a prolonged energy crisis that could drive inflation higher. President Donald Trump told the nation in a prime-time speech that the conflict may be nearing an end but warned that the US would continue military action against Iran over the next two to three weeks. Iran on Wednesday also denied Trump’s claim that it had requested a ceasefire. Meanwhile, latest data showed that March ADP private payrolls exceeded forecasts, and February retail sales posted stronger-than-expected gains, underscoring the resilience of the US economy. Markets are now pricing in zero rate cuts from the Federal Reserve for the rest of the year, even though Fed’s own projections still show one reduction.
2026-04-02