The 5-year Treasury rate
5.06% on September 28, 2026, from the Treasury's daily par yield curve.
In short
The 5-year yield was 5.06% on September 28, 2026, +130 bp from a year earlier. Over the past year it ranged from 3.51% (week of February 27, 2026) to 5.06% (week of September 28, 2026). Over five years, from 0.93% to 5.06%.
Month by month
| Week ending | Yield |
|---|---|
| September 28, 2026 | 5.06% |
| August 28, 2026 | 4.48% |
| July 31, 2026 | 4.45% |
| June 26, 2026 | 4.12% |
| May 29, 2026 | 4.13% |
| April 24, 2026 | 3.92% |
| March 27, 2026 | 4.06% |
| February 27, 2026 | 3.51% |
| January 30, 2026 | 3.79% |
| December 26, 2025 | 3.68% |
| November 28, 2025 | 3.59% |
| October 31, 2025 | 3.71% |
What it is
The 5-year Treasury note sits in the middle of the curve. Its yield reflects where the market expects the Fed's rate to average over the next five years, plus a small premium for lending that long.
Medium-term borrowing — some car loans and adjustable-rate mortgages among them — is priced off this part of the curve.
What moves it
- Expectations for the Fed's rate path over the next few years.
- Inflation expectations over the same horizon, which the market also reads from inflation-protected Treasuries (TIPS).
Source: U.S. Department of the Treasury, Daily Treasury Par Yield Curve Rates. Treasury's table. The Treasury publishes these once a day, after the market closes; a basis point (bp) is a hundredth of a percentage point.
More Treasury yields
Questions
What is the 5-year Treasury yield today?
5.06% on September 28, 2026, +8 bp from the day before, according to the Treasury's daily par yield curve.
What was the 5-year Treasury yield a year ago?
3.76% on September 26, 2025.
What is the highest the 5-year yield has been in five years?
5.06%, in the week of September 28, 2026, going by weekly closing values; the lowest was 0.93% in the week of October 1, 2021.
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