The 10-year Treasury yield reached 5.135% on Wednesday, its highest since July 2007
A chart like this most mornings, with last night’s Wall Street · Free, six mornings a week
The story behind it
A survey of American business pushed Treasury yields to a 2007 high Read the edition →On the calendar
The US releases that move markets, in New Zealand and Australian time. Economic calendar →
The story behind it
A survey of American business pushed Treasury yields to a 2007 high Read the edition →On the calendar
The US releases that move markets, in New Zealand and Australian time. Economic calendar →What the chart shows
A survey of purchasing managers did it. S&P Global's flash reading on American business activity came in well above forecasts on Wednesday, and the bond market read it as room for more rate rises. The 10-year Treasury yield reached 5.135%, its highest since July 2007.
Today's chart is the 10-year's daily close from early June, taken from FRED, ending on Tuesday's 4.96% with Wednesday's high added from the edition. The climb runs from 4.38% in late June through 4.75% at the end of July to 5.00% on the eve of the Federal Reserve's rate rise last week.
Traders moved the October meeting first: odds of another quarter-point rise went to 73% on CME's FedWatch, from 53% the day before. Sharespective's Thursday edition argues that this yield is now the number every valuation gets measured against, and that one flash survey is not yet a trend.
The numbers
The daily closing yield on the 10-year US Treasury from 8 June to 22 September, via FRED. Wednesday's 5.135% is the day's high, from Sharespective, not a close.
| US 10-year Treasury yield, daily close (%) | |
|---|---|
| 8 Jun 2026 | 4.56% |
| 9 Jun 2026 | 4.53% |
| 10 Jun 2026 | 4.55% |
| 11 Jun 2026 | 4.45% |
| 12 Jun 2026 | 4.48% |
| 15 Jun 2026 | 4.47% |
| 16 Jun 2026 | 4.43% |
| 17 Jun 2026 | 4.49% |
| 18 Jun 2026 | 4.46% |
| 22 Jun 2026 | 4.51% |
| 23 Jun 2026 | 4.50% |
| 24 Jun 2026 | 4.41% |
| 25 Jun 2026 | 4.40% |
| 26 Jun 2026 | 4.38% |
| 29 Jun 2026 | 4.38% |
| 30 Jun 2026 | 4.44% |
| 1 Jul 2026 | 4.48% |
| 2 Jul 2026 | 4.49% |
| 6 Jul 2026 | 4.48% |
| 7 Jul 2026 | 4.55% |
| 8 Jul 2026 | 4.56% |
| 9 Jul 2026 | 4.54% |
| 10 Jul 2026 | 4.56% |
| 13 Jul 2026 | 4.62% |
| 14 Jul 2026 | 4.58% |
| 15 Jul 2026 | 4.55% |
| 16 Jul 2026 | 4.57% |
| 17 Jul 2026 | 4.55% |
| 20 Jul 2026 | 4.60% |
| 21 Jul 2026 | 4.63% |
| 22 Jul 2026 | 4.67% |
| 23 Jul 2026 | 4.71% |
| 24 Jul 2026 | 4.69% |
| 27 Jul 2026 | 4.65% |
| 28 Jul 2026 | 4.61% |
| 29 Jul 2026 | 4.67% |
| 30 Jul 2026 | 4.68% |
| 31 Jul 2026 | 4.75% |
| 3 Aug 2026 | 4.70% |
| 4 Aug 2026 | 4.63% |
| 5 Aug 2026 | 4.63% |
| 6 Aug 2026 | 4.69% |
| 7 Aug 2026 | 4.65% |
| 10 Aug 2026 | 4.72% |
| 11 Aug 2026 | 4.70% |
| 12 Aug 2026 | 4.68% |
| 13 Aug 2026 | 4.63% |
| 14 Aug 2026 | 4.68% |
| 17 Aug 2026 | 4.72% |
| 18 Aug 2026 | 4.71% |
| 19 Aug 2026 | 4.65% |
| 20 Aug 2026 | 4.69% |
| 21 Aug 2026 | 4.74% |
| 24 Aug 2026 | 4.70% |
| 25 Aug 2026 | 4.64% |
| 26 Aug 2026 | 4.66% |
| 27 Aug 2026 | 4.67% |
| 28 Aug 2026 | 4.73% |
| 31 Aug 2026 | 4.75% |
| 1 Sep 2026 | 4.79% |
| 2 Sep 2026 | 4.79% |
| 3 Sep 2026 | 4.77% |
| 4 Sep 2026 | 4.78% |
| 8 Sep 2026 | 4.80% |
| 9 Sep 2026 | 4.83% |
| 10 Sep 2026 | 4.95% |
| 11 Sep 2026 | 4.96% |
| 14 Sep 2026 | 4.97% |
| 15 Sep 2026 | 5.00% |
| 16 Sep 2026 | 5.01% |
| 17 Sep 2026 | 4.94% |
| 18 Sep 2026 | 5.01% |
| 21 Sep 2026 | 4.96% |
| 22 Sep 2026 | 4.96% |
| 24 Sep 2026 | 5.135% |
75 rows: scroll the table for the rest.
How we make these charts: one chart a day from a story in the edition, drawn from the figures the story names and checked against the sources named on the chart before it is published. General information only, not financial advice.
