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TREAS·U.S. Department of the Treasury·

US Treasury yields, 19 Oct 2026: 10-year rises to 5.15% as long-term yields lead

The US 10-year Treasury yield rose 6 basis points (bp), or hundredths of a percentage point, to 5.15% on 19 October. That partly reverses last week's rally, and long-term yields rose more than short-term ones.

A data update from FactIQ, written from U.S. Department of the Treasury figures. What is FactIQ?

Key figures

US 10-year Treasury yield, 19 October close
5.15%up 6bp from 5.09% on 16 Oct2026-08-112026-10-19Treasury Par Yield: 10 Yr
US 30-year Treasury yield, 19 October close
5.48%up 5bp; well off the 5.67% close on 7 Oct2026-08-112026-10-19Treasury Par Yield: 30 Yr
US 2-year Treasury yield, 19 October close
4.77%up 3bp; gap to the 10-year widened to 38bp2026-08-112026-10-19Treasury Par Yield: 2 Yr
US total public debt outstanding, 16 October
$40.388tnup about $216bn since the fiscal year ended on 30 Sep ($40.172tn)2026-08-102026-10-16Total Public Debt Outstanding (Debt to the Penny)

Long-term yields rose more than short-term yields

Treasury yields are the interest rates the US government pays to borrow. They set a floor for many other borrowing costs. At the 19 October close, yields rose by more on longer maturities than on shorter ones:
  • 10-year: 5.15%, up 6 basis points (bp) from 5.09% on 16 October.
  • 20-year: 5.53%, up 6bp.
  • 30-year: 5.48%, up 5bp.
  • 5-year: 4.94%, up 5bp.
  • 2-year: 4.77%, up 3bp.

The gap between the 2-year and 10-year yields widened to 38bp.

The rise came from longer bonds, not from short-term rate expectations

Yields on short-term Treasury bills barely moved. The 1-month bill stood at 4.11%, the 1.5-month bill at 4.14% and the 3-month bill at 4.27%. This suggests the move did not reflect changing bets on Federal Reserve policy. The rise partly undoes the 9bp drop in the 10-year yield on 15 October, when Treasuries rallied as AI stocks sold off.

Yields remain below their early-October highs

The 10-year yield is still 16bp below its 5.31% close on 5 October. The 30-year yield remains well below its 5.67% close on 7 October.

Federal debt held steady at $40.388 trillion

The Treasury's daily Debt to the Penny data show total public debt outstanding was $40.388 trillion (tn) on 16 October. That was down about $0.8 billion (bn) on the day. Debt had jumped about $59bn on 15 October, when mid-month coupon issuance settled. It is up about $216bn since the fiscal year ended on 30 September, when it stood at $40.172tn. Of the total, $32.532tn is held by the public and $7.855tn is intragovernmental holdings, meaning debt one part of the government owes to another.

Source: U.S. Department of the Treasury. See all TREAS data in FactIQ.

About FactIQ and these updates

  • What FactIQ is. FactIQ is a database of official statistics from government agencies, central banks and international organisations in the US, China, India, Europe and elsewhere. AI assistants such as Claude and ChatGPT connect to it to look up the exact figures and cite the agency that published them. It also holds what companies report in their filings and say on their earnings calls.
  • How an update is made. When U.S. Department of the Treasury publishes new figures, FactIQ loads them and an AI model writes a short summary of what changed. Before it is published, code checks that every number in the summary matches FactIQ's record of the release, and a second review checks that nothing is overstated. Values that look like errors in the source data are left out.
  • Where the numbers come from. Each key figure links to the full series, with its source, units and history.

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