The price of money,
across every maturity.
US Treasury yields from one month to thirty years, and how the shape has changed. Rates set the weather every other market trades in — including this one.
US Treasury Yield Curve
Each point is the yield on a Treasury of that maturity. Compare against an earlier date to see the shape shift.
Curve data isn't available right now.
Curve Shape
Fed Funds Target
The range the Federal Reserve targets for overnight lending between banks. Every other rate on this page is priced relative to it.
Every Maturity
change shown in basis points vs one month agoReading This Page
The curve plots what the government pays to borrow for a month versus thirty years. Normally longer borrowing costs more, so the line slopes up. When short rates rise above long ones the curve is inverted — an unusual shape, and one worth noticing.
The 2s10s spread is that relationship as a single number: the 10-year yield minus the 2-year. Above zero the curve slopes up; below zero it is inverted.
This page describes the curve's shape and how it has moved. It does not forecast rates, does not say what the Fed will do, and makes no claim that any shape implies what comes next for any market.