COUNTRY •
UNITED STATES
Last Update: 27 Jun 2022 8:15 GMT+0
The United States 10Y Government Bond has a 3.160% yield.
10 Years vs 2 Years bond spread is 7.9 bp. Yield Curve is flat in Long-Term vs Short-Term Maturities.
Central Bank Rate is 1.75% (last modification in June 2022).
The United States credit rating is AA+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 17.50 and implied probability of default is 0.29%.
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 | 1.182% | +48.0 bp | +114.6 bp | 27 Jun | |||||
| 2 months | 1.586% | +68.2 bp | n.a. | 27 Jun | |||||
| 3 months | 1.731% | +64.8 bp | +167.3 bp | 27 Jun | |||||
| 6 months | 2.527% | +99.7 bp | +234.4 bp | 27 Jun | |||||
| 1 year | 2.843% | +84.5 bp | +254.3 bp | 97.24 | -0.82 % | -2.47 % | 27 Jun | ||
| 2 years | 3.081% | +59.7 bp | +237.6 bp | 94.11 | -1.16 % | -4.55 % | 27 Jun | ||
| 3 years | 3.170% | +52.8 bp | +218.9 bp | 91.06 | -1.54 % | -6.23 % | 27 Jun | ||
| 5 years | 3.205% | +48.1 bp | +195.5 bp | 85.41 | -2.31 % | -9.12 % | 27 Jun | ||
| 7 years | 3.229% | +45.9 bp | +181.8 bp | 80.05 | -3.08 % | -11.70 % | 27 Jun | ||
| 10 years | 3.160% | +41.7 bp | +168.1 bp | 73.26 | -3.97 % | -15.16 % | 27 Jun | ||
| 20 years | 3.554% | +39.1 bp | +163.5 bp | 49.73 | -7.29 % | -27.26 % | 27 Jun | ||
| 30 years | 3.297% | +32.5 bp | +141.6 bp | 37.79 | -9.03 % | -33.90 % | 27 Jun | ||
Last Update: 27 Jun 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 (1.75%) |
|||||
|---|---|---|---|---|---|---|---|---|
| 3 months | 1 year | 2 years | 5 years | 10 years | ||||
| 30 years | 3.297% | 154.7 bp | ||||||
| 10 years | 3.160% | 141.0 bp | ||||||
| 5 years | 3.205% | 145.5 bp | ||||||
| 2 years | 3.081% | 133.1 bp | ||||||
| 1 year | 2.843% | 109.3 bp | ||||||
| 3 months | 1.731% | -1.9 bp | ||||||
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
| 2Y vs 1Y | 23.8 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 12.4 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 7.9 bp | Yield Curve is flat 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
|
negative |
| 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 | 1.75% |
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 | 17.50 | +5.42 % | +8.02 % | +86.17 % | 0.29 % |
(*) 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 3.160% 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 | 293.2 bp | +41.2 bp | +151.1 bp | Compare | |
| Germany 10Y | 166.8 bp | -9.9 bp | -5.3 bp | Compare | |
| France 10Y | 113.8 bp | -11.1 bp | -21.6 bp | Compare | |
| United Kingdom 10Y | 78.9 bp | -3.0 bp | +23.3 bp | Compare | |
| Spain 10Y | 56.1 bp | -9.4 bp | -40.7 bp | Compare | |
| China 10Y | 30.9 bp | +31.6 bp | +165.7 bp | Compare | |
| Canada 10Y | -17.3 bp | -12.6 bp | -17.6 bp | Compare | |
| Italy 10Y | -44.8 bp | -29.5 bp | -80.8 bp | Compare | |
| Australia 10Y | -62.1 bp | -11.5 bp | -50.6 bp | Compare | |
| India 10Y | -427.3 bp | +33.4 bp | +71.3 bp | Compare | |
| Russia 10Y | -553.0 bp | +123.7 bp | +140.6 bp | Compare | |
| Brazil 10Y | -950.8 bp | +18.2 bp | -29.3 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 | 3.297% | 37.79 | 56.66 | 94.40 | 132.13 | 169.87 | 207.61 | ||
| 20 years | 3.554% | 49.73 | 63.88 | 92.16 | 120.45 | 148.73 | 177.02 | ||
| 10 years | 3.160% | 73.26 | 81.72 | 98.65 | 115.57 | 132.49 | 149.41 | ||
| 7 years | 3.229% | 80.05 | 86.23 | 98.58 | 110.94 | 123.29 | 135.65 | ||
| 5 years | 3.205% | 85.41 | 89.96 | 99.07 | 108.17 | 117.28 | 126.38 | ||
| 3 years | 3.170% | 91.06 | 93.88 | 99.52 | 105.16 | 110.80 | 116.44 | ||
| 2 years | 3.081% | 94.11 | 96.02 | 99.85 | 103.67 | 107.49 | 111.31 | ||
| 1 year | 2.843% | 97.24 | 98.21 | 100.15 | 102.10 | 104.04 | 105.99 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||