This article was automatically generated by the NFC Market Live AI analysis system. (Updated: 2026-11-10 09:39 JST)
Latest US and Japanese government bond yields. The main focus is the 10-year: the US 10-year stood at 4.860% as of Nov 6, 2026 (+2.0bp on the day), and Japan’s 10-year at 2.724% as of Nov 9 (+2.8bp on the day).
Dates differ by country. US figures are the previous business day’s values (Nov 6); Japanese figures are those published by the Ministry of Finance for Nov 9.
US (Nov 6): 2-year 4.510% (+5.0bp), 10-year 4.860% (+2.0bp), 30-year 5.260% (+1.0bp).
Japan (Nov 9): 2-year 1.778% (+4.6bp), 10-year 2.724% (+2.8bp), 30-year 3.911% (+1.3bp).
Position within the past year’s range (0% = low, 100% = high): US 10-year 66%, Japan 10-year 73%; US 2-year 73%, US 30-year 60%, Japan 2-year 81%, Japan 30-year 75%.
Supplementary: the 10-year US-Japan gap (US minus Japan, on the matching date of Nov 6) was 216.4bp, up 13.0bp from 203.4bp. The 10-year minus 2-year spread was 35.0bp in the US (Nov 6, previous 38.0bp) and 94.6bp in Japan (Nov 9, previous 96.4bp).
Sources: FRED (originally US Treasury) and Japan’s Ministry of Finance.
日米10年債の水準
Latest 10-Year Yields: US and Japan
The 10-year government bond yield is the headline figure of this daily snapshot. Dates differ by country: US figures are the previous business day’s values, while Japanese figures are those published by Japan’s Ministry of Finance (MOF) in its JGB yield data.
| Date | Yield | Prior day | Daily change | One month earlier | |
|---|---|---|---|---|---|
| US 10-year | Nov 6, 2026 | 4.860% | 4.840% (Nov 5) | +2.0bp | 5.280% |
| Japan 10-year | Nov 9, 2026 | 2.724% | 2.696% (Nov 6) | +2.8bp | 3.027% |
Position within the past year’s range
- US 10-year: high of 5.310% (Oct 5, 2026) and low of 3.970% (Feb 27, 2026). Current position: 66% of the range (0% = low, 100% = high).
- Japan 10-year: high of 3.111% (Oct 7, 2026) and low of 1.700% (Nov 12, 2025). Current position: 73% of the range.
Recent daily readings from the source table
- US 10-year: 4.91% (Nov 2), 4.90% (Nov 4), 4.84% (Nov 5), 4.86% (Nov 6).
- Japan 10-year: 2.855% (Nov 4), 2.806% (Nov 5), 2.696% (Nov 6), 2.724% (Nov 9).
About the data
US yields come from FRED, the St. Louis Fed’s database, which republishes US Treasury figures (series DGS10). Because the US value is for Nov 6 and the Japanese value is for Nov 9, the two are not same-day readings. In the source table, the US entry for Nov 9 is blank.
2年債・30年債の水準と1年の中での位置
2-Year and 30-Year Yields
Below the 10-year headline, the 2-year and 30-year yields are shown for each country. Dates: Nov 6, 2026 for the US and Nov 9, 2026 for Japan.
United States (Nov 6, 2026)
| Maturity | Yield | Prior day (Nov 5) | Daily change | One month earlier | Position in 1-year range |
|---|---|---|---|---|---|
| 2-year | 4.510% | 4.460% | +5.0bp | 4.770% | 73% |
| 30-year | 5.260% | 5.250% | +1.0bp | 5.670% | 60% |
Japan (Nov 9, 2026)
| Maturity | Yield | Prior day (Nov 6) | Daily change | One month earlier | Position in 1-year range |
|---|---|---|---|---|---|
| 2-year | 1.778% | 1.732% | +4.6bp | 1.911% | 81% |
| 30-year | 3.911% | 3.898% | +1.3bp | 4.085% | 75% |
One-year highs and lows
- US 2-year: high 4.920% (Sep 28, 2026), low 3.380% (Feb 27, 2026)
- US 30-year: high 5.670% (Oct 7, 2026), low 4.640% (Nov 26, 2025)
- Japan 2-year: high 1.981% (Sep 28, 2026), low 0.928% (Nov 18, 2025)
- Japan 30-year: high 4.168% (Oct 6, 2026), low 3.141% (Nov 10, 2025)
The position figure shows where the latest yield sits within the past year’s range, with 0% at the low and 100% at the high.
補足: 10年債の日米差と長短の差
Supplementary: The 10-Year Gap and Term Spreads
The main story is each country’s 10-year yield level (US 4.860%, Japan 2.724%). The figures below are supplementary and are taken as calculated in the source material.
10-year US-Japan gap (US minus Japan, on a date when both values exist)
- Nov 6, 2026: 216.4bp
- Prior (Nov 5, 2026): 203.4bp (+13.0bp)
- One month earlier: 216.9bp
The gap is measured on Nov 6 because that is the latest date with values for both countries. The Japanese Nov 9 value is not part of it.
Term spreads (10-year minus 2-year)
| Date | Spread | Prior | |
|---|---|---|---|
| United States | Nov 6, 2026 | 35.0bp | 38.0bp |
| Japan | Nov 9, 2026 | 94.6bp | 96.4bp |
Source note
US data come from FRED, which republishes US Treasury figures. Japanese data come from the Ministry of Finance (MOF), which publishes JGB yields on its website. These gaps are reference figures for reading the yield levels, not the headline of this snapshot.
Disclaimer: This article is for informational purposes only. All investment decisions are made solely at your own risk.
