US Treasury yield curve & Fed funds

Treasury par yields · latest close Oct 28, 2026
Fed funds target
3.75–4.00%
3.88% effective · EFFR published to Oct 27, 2026
1 mo
1M 3M 6M 1Y 2Y 3Y 5Y 7Y 10Y 20Y 30Y
4.07%
+3 bps
4.18%
-10 bps
4.32%
-9 bps
4.47%
-12 bps
4.67%
-25 bps
4.80%
-21 bps
4.85%
-21 bps
4.95%
-20 bps
5.05%
-19 bps
5.41%
-19 bps
5.37%
-19 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.