10Y Treasury yield falls 8 bps on week as curve steepens to 37 bps
MarketsFN Data Team
The 10-year Treasury yield settled at 5.050% Friday, down 8 basis points for the week but up 6 bps on the day, as the 2Y-10Y spread widened to 37 bps in a positive curve signal.
The 10-year yield declined 8 bps this week to 5.050%, remaining above its 3-month (4.918%) and 1-year (4.454%) averages. It sits 86 bps higher year-to-date but well below its 52-week high of 5.310%, with the week's drop partially reversing October's upward momentum.
The 2Y-10Y spread widened 6 bps this week to 37 bps, maintaining a positive curve after steepening from 2026's low of 20 bps. Historically, such spreads signal modest growth expectations, contrasting with inversion's recession warnings seen through much of 2023-2025.
Markets await next week's Fed meeting and October jobs data for clues on rate path durability. Any shift in Fed rhetoric or wage growth surprises could test yields' recent range between 4.90-5.15%.
Key Statistics at a Glance
| Edition | Weekly Close |
| Date | Friday, October 30, 2026 |
| 10Y Yield | 5.05% |
| 10Y Day-on-day | ▼ 6.0 bps |
| 10Y Week-on-week | ▼ 8.0 bps |
| 10Y YTD change | +86.0 bps |
| 10Y 3-month avg | 4.92% |
| 10Y 1-year avg | 4.45% |
| 10Y 52-week high | 5.31% |
| 10Y 52-week low | 3.97% |
| 2Y Yield | 4.67% |
| 2Y–10Y Spread | +0.370% (+37.0 bps) |
| Spread WoW | ▲ 6.0 bps |
| Spread 52-week high | +0.740% |
| Spread 52-week low | +0.200% |
| Curve signal | Positive |
