yield curve

Change country
4.35%10 yearsGovernment security zero-coupon yields · as of · Source: Norges Bank · Checked once a day
10-year4.35%

Get the Norway yield curve by API

GET /v1/economics/NOR/yield-curve

{ "date": "2026-10-28",
  "yields": [{ "maturity": "2y", "yield_percent": "4.753" },
             { "maturity": "5y", "yield_percent": "4.542" },
             { "maturity": "10y", "yield_percent": "4.353" }] }

Exact published yields for every maturity on one source date, with daily yield curve history from 2 January 2015.

Get a free API key

Key points

2 years
4.75%
5 years
4.54%
10 years
4.35%
10-year minus 2-year
−0.40pts
Maturities published
12
Available maturities
6 and 9 months, then 1 to 10 years in yearly steps
Daily history from
2 January 2015

All maturities

Yield by maturity, percent
MaturityYield (%)
6 months4.663
9 months4.725
1 year4.759
2 years4.753
3 years4.678
4 years4.603
5 years4.542
6 years4.491
7 years4.450
8 years4.414
9 years4.382
10 years4.353

Latest 10-year minus 2-year spreads

A yield curve is inverted when the 10-year yield is below the 2-year yield. The table shows each country's latest 10-year minus 2-year spread in percentage points; curve measures differ by country.

Latest 10-year minus 2-year spreads
Country10-year yield2-year yieldSpread (pp)StatusSource date
United States5.05%4.67%+0.38Not inverted
United Kingdom5.33%4.77%+0.56Not inverted
Germany3.43%3.08%+0.35Not inverted
Japan2.87%1.92%+0.95Not inverted
Canada3.96%3.24%+0.72Not inverted
Sweden3.16%2.75%+0.40Not inverted
Norway4.35%4.75%−0.40Inverted
Australia5.28%4.92%+0.36Not inverted
Euro area3.37%3.02%+0.36Not inverted

Common questions

What is the 10-year government bond yield in Norway?

4.35% on 28 Oct 2026, as published by Norges Bank.

Is the Norway yield curve inverted?

Yes. On 28 Oct 2026 the 10-year yield was 0.40 points below the 2-year yield.

Which countries have an inverted yield curve?

Check the table above, updated daily from each source. A negative 10-year minus 2-year spread means inversion. For API data, use the 10-year and 2-year maturities from GET /v1/economics/{country}/yield-curve.

How often is the curve updated?

Norges Bank publishes each business day. 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 2 January 2015. Available maturities: 6 and 9 months, then 1 to 10 years in yearly steps. Missing terms are omitted.

Does Norway offer a second yield curve?

Use curve_type=constant_maturity_benchmark for Norges Bank generic rates: Treasury bills at 3, 6 and 12 months and government bonds at 3, 5, 7 and 10 years. History starts on 2 January 2019.

Why do yield curves differ between countries?

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). Canada: Zero-coupon (discount) yield (Bank of Canada). Sweden: Government bill and bond benchmark yields (Sveriges Riksbank). Norway: Government security zero-coupon yields (Norges Bank). Australia: Government bond yield to maturity (Reserve Bank of Australia). Euro area: AAA-rated government bond spot rates (European Central Bank). Compare each curve's shape over time. The same maturity label does not make different measures interchangeable.

Source: Norges Bank. Values are shown as published.

Daily history from
2 January 2015
History reference →
Available maturities
6 and 9 months, then 1 to 10 years in yearly steps
Coverage →
Source
Norges Bank
Methodology →
API
GET /v1/economics/NOR/yield-curve
API reference →
Calendar
Norway release dates
Norway economic calendar →