US 10Y 4.950%, JGB 10Y 2.855% | Nov 4, 2026 / FRED, MOF / Bond Yields

Latest government bond yields for the US and Japan (US: FRED, based on US Treasury data; Japan: Ministry of Finance). Dates differ by country.

10-year yields (headline): The US 10-year stood at 4.950% on Nov 3, up 4.0bp from 4.910% on Nov 2, at 73% of its one-year range (0% = low, 100% = high). Japan’s 10-year was 2.855% on Nov 4, up 3.8bp from 2.817% on Nov 2, at 82% of its one-year range.

2-year: US 4.610% (Nov 3, +2.0bp, 80%); Japan 1.891% (Nov 4, +1.1bp, 91%).
30-year: US 5.320% (Nov 3, +4.0bp, 66%); Japan 3.979% (Nov 4, +3.9bp, 82%).

Side notes: the US-Japan 10-year spread was 209.3bp on Nov 2 (212.3bp on Oct 30). The 10-year minus 2-year gap was 34.0bp in the US (Nov 3) and 96.4bp in Japan (Nov 4).

日米の10年債の水準（主役）

US and Japan 10-Year Yields: Latest Levels

This is the headline of the report. US data are for Nov 3, 2026, and Japanese data are for Nov 4, 2026, so the dates differ. US yields come from FRED (the St. Louis Fed’s data service, based on US Treasury figures). Japanese yields come from the Ministry of Finance (MOF), which publishes daily JGB yield data.

How to read it

• Position in range places today’s yield between the one-year low (0%) and the one-year high (100%). The US 10-year sat at 73%, and the Japan 10-year at 82%.
• Both yields were higher than on the previous business day (Nov 2): +4.0bp in the US and +3.8bp in Japan.
• One month earlier, the US 10-year was 5.280% and the Japan 10-year was 3.085%, both above current levels.
• Both one-year highs were set in October 2026.

This note only confirms levels and moves as published, and does not offer explanations for them.

2年債と30年債の水準と前日差

2-Year and 30-Year Yields

Here are the maturities on either side of the 10-year. Dates: Nov 3, 2026 for the US, Nov 4, 2026 for Japan.

2-year

30-year

Takeaways

• All six yields were higher than on the previous business day.
• Japan’s 2-year, at 91% of its one-year range, was the highest reading among the six. The US 30-year, at 66%, was the lowest.
• Both countries’ 2-year yields set their one-year highs on Sep 28, 2026.

補足：10年債の日米差と長短の差

Side Notes: Spread and Curve Gaps

The headline is each country’s 10-year level. These two measures are supplementary.

US-Japan 10-year spread (US minus Japan)

Calculated on days when both countries have data.

Curve gap (10-year minus 2-year)

Notes

• The spread uses the latest date on which both countries have data (Nov 2), which differs from the latest US (Nov 3) and Japan (Nov 4) dates.
• Yield differentials alone do not determine currency moves. This note simply presents the gaps derived from the published figures.
• The report does not state the date of the next release.