Tracker · Markets
Treasury yields and the Fed rate
Where U.S. interest rates stand today: Treasury yields across maturities, the shape of the yield curve and the Federal Reserve’s policy rate.
Updated Nov 4, 2026, 10:20 p.m. ET from U.S. Treasury and Federal Reserve Bank of New York
10-year Treasury, Nov 4, 2026
4.90%
-0.41 pts in a month
2-year Treasury
4.58%
+1.00 pts in a year
3-month Treasury bill
4.21%
Fed target range
3.75–4.00%
raised on Sep 17, 2026 from 3.50–3.75%
Effective fed funds rate, Nov 3, 2026
3.88%
10-year minus 2-year
+0.32 pts
long rates above short rates
The latest month is the average so far.
Today compared with a month and a year ago
| Maturity | Nov 4, 2026 | Oct 5, 2026 | Nov 4, 2025 | Change in a year |
|---|---|---|---|---|
| 1 mo | 4.01% | 4.05% | 4.02% | -0.01 pts |
| 3 mo | 4.21% | 4.22% | 3.96% | +0.25 pts |
| 6 mo | 4.25% | 4.30% | 3.78% | +0.47 pts |
| 1 yr | 4.39% | 4.47% | 3.67% | +0.72 pts |
| 2 yr | 4.58% | 4.84% | 3.58% | +1.00 pts |
| 5 yr | 4.69% | 5.06% | 3.69% | +1.00 pts |
| 10 yr | 4.90% | 5.31% | 4.10% | +0.80 pts |
| 30 yr | 5.28% | 5.66% | 4.67% | +0.61 pts |
Last 10 business days
| Date | 3-month | 2-year | 10-year |
|---|---|---|---|
| Nov 4, 2026 | 4.21% | 4.58% | 4.90% |
| Nov 3, 2026 | 4.21% | 4.61% | 4.95% |
| Nov 2, 2026 | 4.21% | 4.59% | 4.91% |
| Oct 30, 2026 | 4.16% | 4.56% | 4.94% |
| Oct 29, 2026 | 4.18% | 4.61% | 4.98% |
| Oct 28, 2026 | 4.18% | 4.67% | 5.05% |
| Oct 27, 2026 | 4.22% | 4.70% | 4.99% |
| Oct 26, 2026 | 4.22% | 4.68% | 5.00% |
| Oct 23, 2026 | 4.22% | 4.69% | 5.00% |
| Oct 22, 2026 | 4.22% | 4.65% | 4.96% |
How this tracker works
Treasury yields are the U.S. Treasury’s daily par yield curve rates, published each business day in the late afternoon. They are the yields on newly issued Treasury securities at each maturity, on a bond-equivalent basis. Treasury data.
The effective federal funds rate is the New York Fed’s daily measure of what banks pay to borrow reserves overnight; the target range is the one the Federal Reserve sets at its meetings. A change in the range shows here on the first day it takes effect. New York Fed data.