Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity, Quoted on an Investment Basis
Monthly
GS10 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.39
Year-over-Year Change
3.29%
Date Range
4/1/1953 - 7/1/2025
Summary
The GS10 represents the 10-Year Treasury Constant Maturity Rate, a critical benchmark for long-term interest rates in the United States. This metric provides insight into market expectations for economic growth, inflation, and monetary policy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 10-Year Treasury rate reflects investors' expectations about future economic conditions and serves as a key indicator of overall economic sentiment. Economists and financial analysts closely monitor this rate for signals about potential economic trends and investment strategies.
Methodology
The rate is calculated daily by the U.S. Treasury Department based on the yield of actively traded Treasury securities with approximately 10 years remaining to maturity.
Historical Context
This indicator is crucial for setting mortgage rates, evaluating bond markets, and informing Federal Reserve monetary policy decisions.
Key Facts
- Represents the government's borrowing cost for 10-year periods
- Influences mortgage and loan rates across the economy
- Considered a safe-haven investment during economic uncertainty
FAQs
Q: What does the GS10 rate indicate?
A: The GS10 shows the yield on 10-Year U.S. Treasury securities, reflecting market expectations for economic growth and inflation.
Q: How does the GS10 affect mortgage rates?
A: Mortgage rates typically follow the 10-Year Treasury yield, with higher rates indicating higher borrowing costs for homebuyers.
Q: How often is the GS10 rate updated?
A: The rate is calculated and updated daily by the U.S. Treasury Department, with historical data readily available.
Q: Why do investors watch the GS10 rate?
A: Investors use this rate to assess economic conditions, make investment decisions, and understand potential market risks.
Q: What are the limitations of the GS10 rate?
A: While important, the rate is just one indicator and should be considered alongside other economic metrics for comprehensive analysis.
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Citation
U.S. Federal Reserve, Monthly [GS10], retrieved from FRED.
Last Checked: 8/1/2025