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The 10-Year Yield Is 4.23%

The Treasury's par yield for the ten-year note was 4.23 percent on August 1, 2025. The two-year was 3.69 percent.

By Helen Voss, Rates Columnist

New York1 min read

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a large building with columns and a flag on the cornerPhoto by Joshua Woroniecki on Unsplash

The ten-year Treasury par yield was 4.23 percent on August 1, 2025, down 14 basis points from 4.37 percent in the prior session. The figures are the Treasury's daily par yields, as published by the St. Louis Fed.

The two-year par yield was 3.69 percent the same day, against 3.94 percent in the prior session. The gap between the ten-year and the two-year was 0.54 percentage points.

The three-month par yield was 4.35 percent. It is the short end of the same published curve, not the federal funds target.

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