10-year Treasury yield
4.88% as of Nov 9, 2026
- ▲ +0.02 pt from previous day 4.86% on Nov 6, 2026
- ▼ −0.36 pt from a month earlier 5.24% on Oct 9, 2026
- ▲ +0.77 pt from a year earlier 4.11% on Nov 7, 2025
What it measures
The market yield on U.S. Treasury securities at a 10-year constant maturity. It reflects what investors expect from inflation and interest rates over the next decade.
Why it matters to a small business
Long-term fixed-rate financing, including commercial real estate loans and SBA 504 debentures, is priced off Treasury yields rather than prime. A rising 10-year yield makes fixed-rate borrowing more expensive.
Recent readings
| Date | Rate |
|---|---|
| Nov 9, 2026 | 4.88% |
| Nov 6, 2026 | 4.86% |
| Nov 5, 2026 | 4.84% |
| Nov 4, 2026 | 4.90% |
| Nov 3, 2026 | 4.95% |
| Nov 2, 2026 | 4.91% |
| Oct 30, 2026 | 4.94% |
| Oct 29, 2026 | 4.98% |
| Oct 28, 2026 | 5.05% |
| Oct 27, 2026 | 4.99% |
| Oct 26, 2026 | 5.00% |
| Oct 23, 2026 | 5.00% |
Source
Federal Reserve Board, series DGS10, retrieved from FRED, Federal Reserve Bank of St. Louis. Published daily. Official figures can be revised after they are first released.