Treasury Rate Watch Data as of Jun 30, 2026

Average interest rate

Treasury Notes

Medium-term securities maturing in 2–10 years. Notes are the largest single slice of marketable debt, so their average rate drives much of the government’s total interest bill.

Latest (Jun 2026)
3.28%
▲ +0.035 pp MoM
Year-over-year
▲ +0.235 pp
vs. Jun 2025
13-year low
1.40%
Jan 2022
13-year high
3.28%
Jun 2026

Treasury Notes — average rate history

Monthly, Jan 2013 – Jun 2026.

1.2%1.8%2.3%2.9%3.5%2014201620182020202220242026 3.28%

Last 24 months

MonthAvg. rateMoM
Jun 20263.283%▲ +0.035 pp
May 20263.248%▲ +0.018 pp
Apr 20263.230%▲ +0.018 pp
Mar 20263.212%▲ +0.022 pp
Feb 20263.190%▲ +0.021 pp
Jan 20263.169%▲ +0.012 pp
Dec 20253.157%▲ +0.024 pp
Nov 20253.133%▲ +0.009 pp
Oct 20253.124%▲ +0.012 pp
Sep 20253.112%▲ +0.025 pp
Aug 20253.087%▲ +0.014 pp
Jul 20253.073%▲ +0.025 pp
Jun 20253.048%▲ +0.040 pp
May 20253.008%▲ +0.018 pp
Apr 20252.990%▲ +0.027 pp
Mar 20252.963%▲ +0.031 pp
Feb 20252.932%▲ +0.041 pp
Jan 20252.891%▲ +0.040 pp
Dec 20242.851%▲ +0.058 pp
Nov 20242.793%▲ +0.027 pp
Oct 20242.766%▲ +0.036 pp
Sep 20242.730%▲ +0.042 pp
Aug 20242.688%▲ +0.028 pp
Jul 20242.660%