TenQ · breakdowns

What money costsBreakdown

Rates set the price of every other asset - where are they now?

0.00%2.00%4.00%Sep '16Sep '17Sep '18Sep '19Sep '20Sep '21Sep '22Sep '23Sep '24Sep '25Sep '264.97%4.65%3.63%

On the latest reading in September 2026 the US 10-year Treasury yields 4.97% and the 2-year 4.65%, against a federal funds rate of 3.63% in August 2026. The 10-year is the discount rate behind most long-duration valuations; the 2-year is closer to a forecast of the Fed.

Source: FRED, Federal Reserve Bank of St. Louis · as at 2026-09

Month-end values, except the month in progress, which carries the most recent day. The 10-year and 2-year are constant-maturity yields published daily by the Treasury; the federal funds rate is the monthly effective average, so it lags the other two by a month.

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