10-Year Treasury Yield
10-Year US Treasury Yield — Historical Chart
4.60%
▲ 4.78% YoYJul 2026
All-Time High
15.32%
All-Time Low
0.62%
Data Since
1953
Source: FRED / Federal ReserveShaded = NBER recessions
The yield on 10-year US Treasury bonds — the most important benchmark interest rate in the world. It influences mortgage rates, corporate borrowing costs, and stock valuations. Rising yields pressure equity multiples; falling yields support them.