Historically, the 10 Year treasury rate reached 15.84% in 1981 as the Fed raised benchmark rates in an effort to contain inflation. 10 Year Treasury Rate is at 2.91%, compared to 2.99% the previous market day and 1.64% last year. This is lower than the long term average of 4.28%. Stats Related Indicators Treasury Yield Curve
The yield on the 10-year Treasury note TMUBMUSD10Y, 2.867% declined 9.5 basis points to 2.815% from 2.918% at 3 p.m. Eastern on Wednesday, after factoring in new issue levels. Thatβs the largest .
The 10-year Treasury yield serves as a vital economic benchmark, and it influences many other interest rates. When the 10-year yield goes up, so do mortgage rates and other borrowing rates. When.
The yield on the 10-year Treasury note (BX:TMUBMUSD10Y) rose 5.8 basis points to 3.124% from 3.066% at 3 p.m. Eastern on Thursday. Of that weekly total, 21.9 basis points came in the last two.
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