5-Year Treasury Yield
The 5-year Treasury yield is 5.06%, +5 bp on the day and +139 bp over the year. One basis point (bp) is 0.01 percentage point.
Yield chart · US05Y
Daily yields since 1962.
What this yield tells you
The 5-year note sits in the middle of the curve. US corporate loans and auto loans price off it, and comparing it with inflation-protected TIPS gives the market's five-year inflation expectation.
It blends Fed and inflation expectations, so it usually moves between the 2-year and the 10-year.
For crypto, Treasury yields are the price of money: a high risk-free yield makes assets that pay no interest, bitcoin included, less attractive. Sharp yield spikes often coincide with crypto sell-offs, and falling yields with money flowing back into risk.
Historical data
| Date | Yield | Change |
|---|---|---|
| October 2, 2026 | 5.06% | +5 bp |
| October 1, 2026 | 5.01% | −8 bp |
| September 30, 2026 | 5.09% | +3 bp |
| September 29, 2026 | 5.06% | 0 bp |
| September 28, 2026 | 5.06% | +8 bp |
| September 25, 2026 | 4.98% | −5 bp |
| September 24, 2026 | 5.03% | +4 bp |
| September 23, 2026 | 4.99% | +16 bp |
| September 22, 2026 | 4.83% | 0 bp |
| September 21, 2026 | 4.83% | −3 bp |
| September 18, 2026 | 4.86% | +8 bp |
| September 17, 2026 | 4.78% | −8 bp |
| September 16, 2026 | 4.86% | +3 bp |
| September 15, 2026 | 4.83% | +3 bp |
| September 14, 2026 | 4.80% | +2 bp |
| September 11, 2026 | 4.78% | +3 bp |
| September 10, 2026 | 4.75% | +14 bp |
| September 9, 2026 | 4.61% | +4 bp |
| September 8, 2026 | 4.57% | +3 bp |
| September 4, 2026 | 4.54% | +2 bp |
| September 3, 2026 | 4.52% | −2 bp |
| September 2, 2026 | 4.54% | −1 bp |
| September 1, 2026 | 4.55% | +6 bp |
| August 31, 2026 | 4.49% | +1 bp |
| August 28, 2026 | 4.48% | +10 bp |
| August 27, 2026 | 4.38% | +1 bp |
| August 26, 2026 | 4.37% | +2 bp |
| August 25, 2026 | 4.35% | −6 bp |
| August 24, 2026 | 4.41% | −2 bp |
| August 21, 2026 | 4.43% | +4 bp |
Other maturities
| Maturity | Yield | Day |
|---|---|---|
| 3-Month Treasury bill | 4.19% | +2 bp |
| 2-Year Treasury note | 4.83% | +5 bp |
| 10-Year Treasury note | 5.28% | +4 bp |
| 30-Year Treasury bond | 5.63% | +2 bp |
5-Year Treasury Yield by year
| Year | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| 2026 | 3.73% | 5.06% | 5.09% | 3.51% | +133 bp |
| 2025 | 4.38% | 3.73% | 4.61% | 3.55% | −65 bp |
| 2024 | 3.84% | 4.38% | 4.72% | 3.41% | +54 bp |
| 2023 | 3.99% | 3.84% | 4.95% | 3.29% | −15 bp |
| 2022 | 1.26% | 3.99% | 4.45% | 1.37% | +273 bp |
| 2021 | 0.36% | 1.26% | 1.34% | 0.36% | +90 bp |
| 2020 | 1.69% | 0.36% | 1.67% | 0.19% | −133 bp |
| 2019 | 2.51% | 1.69% | 2.62% | 1.32% | −82 bp |
| 2018 | 2.20% | 2.51% | 3.09% | 2.25% | +31 bp |
| 2017 | 1.93% | 2.20% | 2.26% | 1.63% | +27 bp |
| 2016 | 1.76% | 1.93% | 2.10% | 0.94% | +17 bp |
| 2015 | 1.65% | 1.76% | 1.81% | 1.18% | +11 bp |
| 2014 | 1.75% | 1.65% | 1.85% | 1.37% | −10 bp |
| 2013 | 0.72% | 1.75% | 1.85% | 0.65% | +103 bp |
| 2012 | 0.83% | 0.72% | 1.22% | 0.56% | −11 bp |
| 2011 | 2.01% | 0.83% | 2.40% | 0.79% | −118 bp |
| 2010 | 2.69% | 2.01% | 2.75% | 1.04% | −68 bp |
| 2009 | 1.55% | 2.69% | 2.95% | 1.36% | +114 bp |
| 2008 | 3.45% | 1.55% | 3.73% | 1.26% | −190 bp |
| 2007 | 4.70% | 3.45% | 5.18% | 3.23% | −125 bp |
| 2006 | 4.35% | 4.70% | 5.23% | 4.27% | +35 bp |
| 2005 | 3.63% | 4.35% | 4.56% | 3.58% | +72 bp |
| 2004 | 3.25% | 3.63% | 4.10% | 2.65% | +38 bp |
| 2003 | 2.78% | 3.25% | 3.63% | 2.08% | +47 bp |
| 2002 | 4.38% | 2.78% | 4.93% | 2.63% | −160 bp |
| 2001 | 4.99% | 4.38% | 5.07% | 3.47% | −61 bp |
| 2000 | 6.36% | 4.99% | 6.83% | 4.92% | −137 bp |
| 1999 | 4.56% | 6.36% | 6.36% | 4.48% | +180 bp |
| 1998 | 5.71% | 4.56% | 5.78% | 3.95% | −115 bp |
| 1997 | 6.21% | 5.71% | 6.86% | 5.70% | −50 bp |
| 1996 | 5.38% | 6.21% | 6.82% | 5.14% | +83 bp |
| 1995 | 7.83% | 5.38% | 7.90% | 5.38% | −245 bp |
| 1994 | 5.21% | 7.83% | 7.86% | 4.95% | +262 bp |
| 1993 | 6.04% | 5.21% | 6.05% | 4.57% | −83 bp |
| 1992 | 5.93% | 6.04% | 7.14% | 5.18% | +11 bp |
| 1991 | 7.68% | 5.93% | 8.02% | 5.93% | −175 bp |
| 1990 | 7.86% | 7.68% | 9.10% | 7.59% | −18 bp |
| 1989 | 9.14% | 7.86% | 9.75% | 7.49% | −128 bp |
| 1988 | 8.33% | 9.14% | 9.22% | 7.59% | +81 bp |
| 1987 | 6.81% | 8.33% | 9.84% | 6.57% | +152 bp |
| 1986 | 8.49% | 6.81% | 9.00% | 6.40% | −168 bp |
| 1985 | 11.08% | 8.49% | 11.70% | 8.48% | −259 bp |
| 1984 | 11.57% | 11.08% | 13.84% | 10.83% | −49 bp |
| 1983 | 10.09% | 11.57% | 11.95% | 9.72% | +148 bp |
| 1982 | 13.97% | 10.09% | 15.02% | 10.09% | −388 bp |
| 1981 | 12.59% | 13.97% | 16.27% | 12.21% | +138 bp |
| 1980 | 10.38% | 12.59% | 14.12% | 8.86% | +221 bp |
| 1979 | 9.32% | 10.38% | 11.50% | 8.70% | +106 bp |
| 1978 | 7.54% | 9.32% | 9.35% | 7.58% | +178 bp |
| 1977 | 6.13% | 7.54% | 7.58% | 6.16% | +141 bp |
| 1976 | 7.50% | 6.13% | 7.82% | 5.99% | −137 bp |
| 1975 | 7.36% | 7.50% | 8.56% | 6.93% | +14 bp |
| 1974 | 6.83% | 7.36% | 8.79% | 6.72% | +53 bp |
| 1973 | 6.26% | 6.83% | 8.13% | 6.23% | +57 bp |
| 1972 | 5.50% | 6.26% | 6.32% | 5.47% | +76 bp |
| 1971 | 5.98% | 5.50% | 7.03% | 4.74% | −48 bp |
| 1970 | 8.22% | 5.98% | 8.30% | 5.85% | −224 bp |
| 1969 | 6.33% | 8.22% | 8.33% | 6.11% | +189 bp |
| 1968 | 5.78% | 6.33% | 6.36% | 5.42% | +55 bp |
| 1967 | 4.80% | 5.78% | 5.91% | 4.38% | +98 bp |
| 1966 | 4.88% | 4.80% | 5.89% | 4.76% | −8 bp |
| 1965 | 4.12% | 4.88% | 4.88% | 4.08% | +76 bp |
| 1964 | 4.06% | 4.12% | 4.21% | 3.99% | +6 bp |
| 1963 | 3.56% | 4.06% | 4.07% | 3.53% | +50 bp |
| 1962 | 3.88% | 3.56% | 4.00% | 3.50% | −32 bp |
Frequently asked questions
What is the 5-Year Treasury note yield today?
5.06%, +5 bp on the day.
What are the record high and low?
High: 16.27% (September 30, 1981); low: 0.19% (August 4, 2020), data since 1962.
Why do yields rise when bond prices fall?
The coupon is fixed. If a bond sells below face value, the same coupon is a bigger percentage of what the buyer paid, which is a higher yield.
How do Treasury yields affect bitcoin?
Higher risk-free yields make money more expensive and reduce demand for risky assets that pay no interest, so sharp yield rises usually weigh on bitcoin and falling yields support it.