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Data from FRED. Forecasts by Sigmanomics Forecast Engine.
United StatesUS 10-Year Treasury Yield fell to 4.47 Percent in June 2026
FREDDailyReleased June 2026
US 10-Year Treasury Yield fell to 4.47 Percent in June 2026, down 0.01 Percent from May's 4.48 Percent reading.
Latest Release
4.470000
Actual
—
Consensus
4.480000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
10-Year Treasury Yield (United States) was reported at 4.47 Percent in June 2026. The reading fell from the previous value of 4.48 Percent. Over the past 12 months, the indicator has averaged 4.24 Percent, ranging from 3.97 Percent to 4.67 Percent across 249 releases. This is classified as a critical-impact indicator released on a daily basis.
WHY IT MATTERS
The trailing three releases averaged 4.47 Percent, down from the prior three at 4.55 Percent. Volatility over the past year (σ 0.15 Percent) is lower than the prior year (σ 0.26 Percent). In June readings over the past 3 years, 10-Year Treasury Yield has averaged 4.28 Percent.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with USD/JPY (Bullish USD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Philadelphia Fed Manufacturing Index (Jun 18) and Initial Jobless Claims (Jun 18).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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10-Year Treasury Yield - US
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About 10-Year Treasury Yield — United States
DEFINITION
The yield on the US 10-year Treasury note, the benchmark long-duration US government debt instrument. Quoted as the constant-maturity rate by the US Treasury. It reflects the market-clearing interest rate investors demand for lending to the US government over a 10-year horizon.
WHY THIS INDICATOR MATTERS
The 10-year yield is the most widely watched rate in global finance. It anchors mortgage rates, corporate-bond pricing, equity-discount-rate inputs, and FX-carry calculations. Movement reflects expectations for future short-rate policy, inflation, and the term premium. A rapidly rising 10y can pressure equity valuations (especially long-duration growth names).
MARKET IMPACT
| Market | Direction | Strength | Rationale |
|---|---|---|---|
| S&P 500 | negative | high | Higher discount rates compress valuations |
| USD | positive | high | Higher yields attract foreign capital |
| Gold | negative | medium | Higher real yields reduce gold attractiveness |
| Mortgage rates | positive | high | 30y mortgage rates track 10y closely |
FAQ
- Why is the 10y so important?
- It is the benchmark long-rate that anchors mortgage pricing, corporate credit, and equity discount rates.
- What causes the 10y to move?
- Fed policy expectations, inflation outlook, term-premium shifts, and Treasury supply/demand.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 4.47 Percent. Prior reading (Jun 2026): 4.48 Percent. Before that (Jun 2026): 4.45 Percent.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.