Week of January 14, 2019

Benchmark rate indices

Treasury yields over the last 12 months

Treasury yields over the last 12 months

Treasury yields over the last five years

Treasury yields over the last five years
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Date 1-year Treasury bill 10-year Treasury note 30-year Treasury bond
Last year 1.66% 2.37% 2.77%
Last month 2.70% 3.01% 3.30%
This week (12/03/18) 2.72% 2.98% 3.27%
52-week high 2.74% 3.24% 3.46%
52-week low 1.62% 2.33% 2.68%

Yields for the 10-year treasury note and the 30-year treasury bond show a steady increase over the past year and are now both above three percent – indicating that the rate on 30-year mortgages could also see an increase. The yield on the 30-year treasury bond was at 3.30% in November 2018 versus 2.77% for the same time in 2017.

The more dramatic increase has been in the one-year treasury bill, where the yield rose above 2% in March for the first time in five years. The one-year bill started to rise steadily after interest rates rose to 1% in 2017 for the first time in nine years. The 52-week low on the treasury bill was at 1.62%. The rate in November 2018 was at 2.7%, which is close to the 52-week high of 2.74%.

Although there have been calls for a slowdown in rate increases by the president and some economists, the Federal Reserve is expected to continue raising interest rates.

Source data: CoreLogic®

Data date: 12/3/2018


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