US Treasury yield curve & Fed funds

Treasury par yields · latest close Sep 11, 2026
Fed funds target
3.50–3.75%
3.63% effective · EFFR published to Sep 10, 2026
1 mo
1M 3M 6M 1Y 2Y 3Y 5Y 7Y 10Y 20Y 30Y
3.93%
+15 bps
4.07%
+20 bps
4.12%
+15 bps
4.35%
+35 bps
4.63%
+43 bps
4.69%
+44 bps
4.78%
+40 bps
4.87%
+35 bps
4.96%
+28 bps
5.38%
+14 bps
5.35%
+11 bps

Treasury.gov par yields (same business day), FRED for the history; Fed funds is the effective overnight rate. Upward-sloping is normal; flat or inverted means the market expects cuts. Not advice.