MarketPR

2-Year Treasury Yield Hits Highest Since February 2025; 10-Year Note Climbs to 4.491%

6/27/2026

Treasury note reached its highest point since February 2025, as the 10-year Treasury note — the key benchmark for U.S. government borrowing costs — added four basis points to settle at 4.491%.

A concurrent move across two closely watched maturities extended upward pressure on government debt yields, raising the cost of federal financing at both ends of the curve.

Together, the two prints sketched a broad-based shift in how the market is pricing U.S. The 10-Year's Four-Basis-Point Advance At 4.491%, the 10-year Treasury note carries weight well beyond the government bond market.

As the primary reference rate for U.S. government borrowing, its daily moves set the effective cost of rolling and issuing new federal debt.