At the 8 Oct 2026 close the 10-year Treasury yield was 5.22%, the 2-year 4.75% and the 30-year 5.6%. The 2s10s spread was +44bp, the 3-month bill 4.23%, SOFR 3.87%.
As of 11 Oct 2026 09:15 UTC, cash Treasuries are closed, so there is no live US Treasury curve regime. Cash Treasuries closed. Levels are the prior session's close; on the week the curve is a bull flattener. Classified by Helious from its own curve reading.
Every tenor is here, from the 1-month bill to the 30-year bond, along with the
2s10s and 3m10s spreads, SOFR and Fed Funds, and the risk gauges. Each row is stamped with the
official close it came from (the curve as of ). Live
intraday pricing runs on the desk.
The curve regime at the last completed session
NO REGIME
2s30s level
80.9bp
5-session trend to Oct 9 · BULL FLATTENER · 2Y -3bp, 30Y -3bp, 2s30s +0bp
Leg averages: front leg = avg(2Y, 5Y), long leg = avg(10Y, 30Y). Direction is the sign of the average change (falling yields = bull), shape is the sign of the long leg minus front leg change (widening = steepener). Moves inside a 0.4bp deadband on both axes read as no regime. Full methodology.
The board at the latest close
US Treasury yields, curve spreads and money-market rates at the latest official close, with the observation date of each row
SERIES
LATEST
1-DAY CHANGE
AS OF
1M 1-month Treasury bill
4.14%
+7.0bp
3M 3-month Treasury bill
4.23%
+1.0bp
6M 6-month Treasury bill
4.3%
+2.0bp
1Y 1-year Treasury bill
4.44%
+2.0bp
2Y 2-year Treasury note
4.75%
-2.0bp
5Y 5-year Treasury note
4.99%
-4.0bp
10Y 10-year Treasury note
5.22%
-6.0bp
30Y 30-year Treasury bond
5.6%
-7.0bp
2s10s 2s10s spread, 10-year minus 2-year
44bp
-3.0bp
3m10s 3m10s spread, 10-year minus 3-month
99bp
+0.0bp
Fed Funds Effective Fed Funds rate, monthly average
Copy the snippet below to put the live regime and the curve on your own site or
newsletter page. The board runs the same classifier as this page and updates itself. It links back
here and carries Helious attribution.
At the 8 Oct 2026 close the 10-year US Treasury yield was 5.22%, -6.0bp on the day. The 2-year was 4.75% and the 30-year 5.6%. That puts the 2s10s spread at +44bp. Helious updates this board at each official daily close and reads the curve regime live off the tape on the Helious rates board.
Is the US Treasury yield curve inverted?
No. At the 8 Oct 2026 close the 10-year yield (5.22%) was above the 2-year (4.75%), so the 2s10s spread was +44bp, a positively sloped curve. An inverted curve means short-dated yields above long-dated ones. See the 2s10s spread explainer.
What is SOFR today?
SOFR, the Secured Overnight Financing Rate, was 3.87% for 8 Oct 2026, against an effective Fed Funds rate averaging 3.75% in September 2026. SOFR is the overnight rate US dollar loans and swaps are priced from. See what SOFR is.
What is the US Treasury yield curve doing today?
As of 11 Oct 2026 09:15 UTC, cash Treasuries are closed, so there is no live US Treasury curve regime. Cash Treasuries closed. Levels are the prior session's close; on the week the curve is a bull flattener. Helious classifies the regime from leg averages on the live tape and publishes it on the Helious rates board.
What is a bull flattener?
A bull flattener is yields falling right across the curve with the long end falling faster than the front end, so the curve flattens. Bull is the falling yields, flattener is the narrowing gap. It is the classic growth scare trade, or money bidding for duration. Swap either half and you have one of the other three: a bull steepener is rate cuts being priced, a bear steepener is term premium building on inflation or supply risk, and a bear flattener is hikes, or fewer cuts, being priced. See how to read the yield curve.
How does Helious classify the Treasury curve regime?
Leg averages: front leg = avg(2Y, 5Y), long leg = avg(10Y, 30Y). Direction is the sign of the average change (falling yields = bull), shape is the sign of the long leg minus front leg change (widening = steepener). Moves inside a 0.4bp deadband on both axes read as no regime. Helious reads the regime off the live tape rather than deriving it from end-of-day files, so it carries an intraday flip time and a previous-session close. The Helious methodology sets out the sourcing.
