Benchmark rate indices
Treasury yields over the last 12 months
Treasury yields over the last five years
|Date||1-year Treasury bill||10-year Treasury note||30-year Treasury bond|
|This week (12/03/18)||2.72%||2.98%||3.27%|
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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