Treasury Yields Snapshot: March 20, 2026

10-year Treasury yield closed March 20, 2026 at 4.39% and the 2-year at 3.88%, both the highest levels since July 2025. The 10s‑2s spread is roughly 51 bps, underscoring higher short- and intermediate-term nominal rates and potential upward pressure on discount rates for bond‑sensitive assets.

Analysis

10-year Treasury yield closed March 20, 2026 at 4.39% and the 2-year at 3.88%, both the highest levels since July 2025. The 10s‑2s spread is roughly 51 bps, underscoring higher short- and intermediate-term nominal rates and potential upward pressure on discount rates for bond‑sensitive assets.