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Market Signal

10-Year Treasury Yield

The 10-year Treasury yield is a core macro price for growth expectations, inflation expectations, and valuation pressure.

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The latest series values are listed below the chart. Visible-window CSV and full-history JSON downloads are available above.

Historical Context

Toggle the market-event markers above when you want to line recent regime shifts up with the signal.

Mar 16, 2020 COVID panic across global markets
Feb 24, 2022 Ukraine invasion jolts commodities and rates
Mar 16, 2022 Fed hiking cycle begins
Mar 10, 2023 SVB failure sparks banking stress
Oct 19, 2023 10-year Treasury yield tests the 5% zone

How To Read It

  • Direction matters, but the speed of the move often matters even more for equities, rates, and sectors.
  • Falling long yields usually help duration-sensitive assets, while rising yields often pressure them.
  • For the 10Y-2Y spread, re-steepening after deep inversion can matter more than the inversion headline itself.
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