COUNTRY •
UNITED STATES
Last Update: 6 Oct 2022 8:15 GMT+0
The United States 10Y Government Bond has a 3.779% yield.
10 Years vs 2 Years bond spread is -37.7 bp. Yield Curve is inverted in Long-Term vs Short-Term Maturities.
Central Bank Rate is 3.25% (last modification in September 2022).
The United States credit rating is AA+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 21.50 and implied probability of default is 0.36%.
If data are not all visible, swipe table left
| Residual Maturity |
Yield | ZC Price | Last Change |
||||||
|---|---|---|---|---|---|---|---|---|---|
| Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
| 1 month | 2.824% | +44.2 bp | +264.9 bp | 06 Oct | |||||
| 2 months | 3.119% | +38.3 bp | n.a. | 06 Oct | |||||
| 3 months | 3.425% | +48.2 bp | +274.2 bp | 06 Oct | |||||
| 6 months | 3.994% | +58.0 bp | +285.2 bp | 06 Oct | |||||
| 1 year | 4.156% | +63.7 bp | +239.8 bp | 96.01 | -0.61 % | -2.30 % | 06 Oct | ||
| 2 years | 4.156% | +65.3 bp | +167.2 bp | 92.18 | -1.25 % | -3.18 % | 06 Oct | ||
| 3 years | 4.178% | +60.4 bp | +151.5 bp | 88.44 | -1.73 % | -4.31 % | 06 Oct | ||
| 5 years | 3.980% | +53.3 bp | +129.1 bp | 82.27 | -2.54 % | -6.06 % | 06 Oct | ||
| 7 years | 3.896% | +47.1 bp | +121.0 bp | 76.53 | -3.13 % | -7.87 % | 06 Oct | ||
| 10 years | 3.779% | +43.7 bp | +118.1 bp | 69.01 | -4.13 % | -10.82 % | 06 Oct | ||
| 20 years | 4.072% | +31.6 bp | +126.7 bp | 45.01 | -5.90 % | -21.74 % | 06 Oct | ||
| 30 years | 3.778% | +28.5 bp | +115.5 bp | 32.87 | -7.93 % | -28.53 % | 06 Oct | ||
Last Update: 6 Oct 2022 8:15 GMT+0
How to invest in US Total Bond Market with only 1 ETF?
It's possible to invest in the whole US Bond Market in a very simple way, and at low cost.
It's possible to invest in the whole US Bond Market in a very simple way, and at low cost.
United States Yield Curve Analysis
Normally, longer-duration interest rates are higher than short-duration. So, the yield curve normally slopes upward as duration increases.
For this reason, the spread (i.e. the yield difference) between a longer and a shorter bond should be positive.
If not, the yield curve can be flat or inverted.
The curve convexity is measured considering some key bond durations (usually 2 years and 10 years, but also other maturities).
The curve convexity is measured considering some key bond durations (usually 2 years and 10 years, but also other maturities).
If data are not all visible, swipe table left
| Residual Maturity |
Yield | Spread vs Bond | Spread vs Central Bank Rate (3.25%) |
|||||
|---|---|---|---|---|---|---|---|---|
| 3 months | 1 year | 2 years | 5 years | 10 years | ||||
| 30 years | 3.778% | 52.8 bp | ||||||
| 10 years | 3.779% | 52.9 bp | ||||||
| 5 years | 3.980% | 73.0 bp | ||||||
| 2 years | 4.156% | 90.6 bp | ||||||
| 1 year | 4.156% | 90.6 bp | ||||||
| 3 months | 3.425% | 17.5 bp | ||||||
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
| 2Y vs 1Y | 0 bp | Yield Curve is flat in Short-Term Maturities | ||
| 5Y vs 2Y | -17.6 bp | Yield Curve is inverted in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | -37.7 bp | Yield Curve is inverted in Long-Term vs Short-Term Maturities |
Readings that may interest you
United States Credit Ratings
A credit rating is an assessment of the creditworthiness of a borrower (in general terms or with respect to a particular debt or financial obligation).
For a deeper analysis of credit ratings, click here
United States Credit Ratings History
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
AA+
|
- |
| Moody's Investors Service |
Aaa
|
- |
| Fitch Ratings |
AAA
|
- |
| DBRS |
AAA
|
- |
United States Interest Rates
A bank rate is the interest rate at which a nation's central bank lends money to domestic banks, often in the form of very short-term loans.
| Interest Rates | Value | |
|---|---|---|
| Central Bank Rate | 3.25% |
United States Credit Default Swaps
The term credit default swap (CDS) refers to a financial derivative that allows an investor to swap or offset their credit risk with that of another investor. To swap the risk of default, the lender buys a CDS from another investor who agrees to reimburse the lender in the case the borrower defaults.
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| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD(*) | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 21.50 | 0.00 % | +6.97 % | +37.82 % | 0.36 % |
(*) Implied probability of default, calculated on the hypothesis of a 40% recovery rate.
United States 10Y Bond Yield Spread
The United States 10Y Government Bond has a 3.779% yield. Click on Spread value for the historical serie.
A positive spread, marked by
, means that the 10Y Bond Yield is higher than the corresponding foreign bond. Instead, a negative spread is marked by a green circle.
Click on the values in "Current Spread" column, for the historical series of the spread.
Click on the "Compare" button, for a report with the full comparison between the two countries, with all the available data.
If data are not all visible, swipe table left
| United States 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
|---|---|---|---|---|---|
| Japan 10Y | 353.9 bp | +43.5 bp | +117.8 bp | Compare | |
| Germany 10Y | 172.6 bp | +0.3 bp | -22.5 bp | Compare | |
| France 10Y | 112.3 bp | -1.3 bp | -29.1 bp | Compare | |
| China 10Y | 102.9 bp | +31.4 bp | +123.1 bp | Compare | |
| Spain 10Y | 52.2 bp | -0.4 bp | -40.3 bp | Compare | |
| Canada 10Y | 48.8 bp | +33.5 bp | +41.9 bp | Compare | |
| Australia 10Y | -2.1 bp | +38.0 bp | +31.9 bp | Compare | |
| United Kingdom 10Y | -35.4 bp | -62.7 bp | -121.7 bp | Compare | |
| Italy 10Y | -70.0 bp | -7.9 bp | -100.1 bp | Compare | |
| India 10Y | -368.2 bp | +15.5 bp | +63.7 bp | Compare | |
| Russia 10Y | -602.1 bp | -2.3 bp | +315.1 bp | Compare | |
| Brazil 10Y | -797.7 bp | +70.8 bp | +89.5 bp | Compare |
United States Government Bonds Prices
Price Simulation: bonds with a face value of 100, with different coupon rates. The highlighted column refers to the zero coupon bond.
Click on
for a forecast of the yield.
If data are not all visible, swipe table left
| Residual Maturity |
Yield | Bond Price - with different Coupon Rates | Fx | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 0% | 1% | 3% | 5% | 7% | 9% | ||||
| 30 years | 3.778% | 32.87 | 50.64 | 86.18 | 121.71 | 157.25 | 192.78 | ||
| 20 years | 4.072% | 45.01 | 58.51 | 85.52 | 112.53 | 139.53 | 166.54 | ||
| 10 years | 3.779% | 69.01 | 77.21 | 93.61 | 110.01 | 126.42 | 142.82 | ||
| 7 years | 3.896% | 76.53 | 82.55 | 94.60 | 106.65 | 118.71 | 130.76 | ||
| 5 years | 3.980% | 82.27 | 86.73 | 95.63 | 104.54 | 113.45 | 122.36 | ||
| 3 years | 4.178% | 88.44 | 91.21 | 96.74 | 102.27 | 107.80 | 113.34 | ||
| 2 years | 4.156% | 92.18 | 94.06 | 97.82 | 101.59 | 105.35 | 109.12 | ||
| 1 year | 4.156% | 96.01 | 96.97 | 98.89 | 100.81 | 102.73 | 104.65 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||