yield curve
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United States
Germany
JapanSvensson spot yield · as of · Source: Deutsche Bundesbank · Checked once a day
Key points
- 2 years
- 3.08%
- 5 years
- 3.24%
- 10 years
- 3.57%
- 30 years
- 3.99%
- 10-year minus 2-year
- +0.49pts
- Maturities published
- 30
- Available maturities
- 1 to 30 years, in yearly steps
- Daily history from
- 7 August 1997
All maturities
| Maturity | Yield (%) |
|---|---|
| 1 year | 2.94 |
| 2 years | 3.08 |
| 3 years | 3.13 |
| 4 years | 3.18 |
| 5 years | 3.24 |
| 6 years | 3.31 |
| 7 years | 3.38 |
| 8 years | 3.45 |
| 9 years | 3.51 |
| 10 years | 3.57 |
| 11 years | 3.62 |
| 12 years | 3.67 |
| 13 years | 3.71 |
| 14 years | 3.74 |
| 15 years | 3.77 |
| 16 years | 3.80 |
| 17 years | 3.82 |
| 18 years | 3.84 |
| 19 years | 3.86 |
| 20 years | 3.88 |
| 21 years | 3.90 |
| 22 years | 3.91 |
| 23 years | 3.92 |
| 24 years | 3.93 |
| 25 years | 3.94 |
| 26 years | 3.95 |
| 27 years | 3.96 |
| 28 years | 3.97 |
| 29 years | 3.98 |
| 30 years | 3.99 |
Common questions
What is the 10-year government bond yield in Germany?
3.57% on 8 Oct 2026, as published by Deutsche Bundesbank.
Is the Germany yield curve inverted?
No. On 8 Oct 2026 the 10-year yield was 0.49 points above the 2-year yield.
How often is the curve updated?
Deutsche Bundesbank publishes daily curves. All points share one source date. Weekends and holidays may have no new curve.
How far back does the daily history go?
Daily history is available from 7 August 1997. Available maturities: 1 to 30 years, in yearly steps. Missing terms are omitted.
Why do yield curves for the US, the UK, Germany, and Japan differ?
United States: Nominal par yield (US Department of the Treasury). United Kingdom: Continuously compounded nominal zero-coupon yield (Bank of England). Germany: Svensson spot yield (Deutsche Bundesbank). Japan: Constant-maturity JGB yield to maturity (Ministry of Finance, Japan). Compare each curve's shape over time. The same maturity label does not make different measures interchangeable.