10-year Bund and US Treasury yields | History and comparison
The 10-year government bond yield is an economy’s risk-free rate. It is the yardstick every other investment is measured against: when it rises, the present value of future corporate profits falls — which hits stocks whose earnings lie far in the future (growth) harder than those earning today.
German 10-year government bond yield
2.96 %
US 10-year Treasury yield
4.68 %
As of 2026-06-01 · series since 1999-01-01 (330 observations) · change vs previous -0.08.
All-time high5.54 %
All-time low-0.65 %
Data starts1999-01-01
Frequencymonthly
History by year
| Year | German 10-year government bond yield | US 10-year Treasury yield |
|---|---|---|
| 2026 | 2.96 | 4.68 |
| 2025 | 2.81 | 4.18 |
| 2024 | 2.18 | 4.58 |
| 2023 | 2.10 | 3.88 |
| 2022 | 2.08 | 3.88 |
| 2021 | -0.38 | 1.52 |
| 2020 | -0.62 | 0.93 |
| 2019 | -0.30 | 1.92 |
| 2018 | 0.19 | 2.69 |
| 2017 | 0.30 | 2.40 |
| 2016 | 0.25 | 2.45 |
| 2015 | 0.55 | 2.27 |
| 2014 | 0.59 | 2.17 |
| 2013 | 1.80 | 3.04 |
| 2012 | 1.30 | 1.78 |
| 2011 | 1.93 | 1.89 |
| 2010 | 2.91 | 3.30 |
| 2009 | 3.14 | 3.85 |
| 2008 | 3.05 | 2.25 |
| 2007 | 4.21 | 4.04 |
| 2006 | 3.77 | 4.71 |
| 2005 | 3.34 | 4.39 |
| 2004 | 3.58 | 4.24 |
| 2003 | 4.29 | 4.27 |
| 2002 | 4.33 | 3.83 |
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Data sources
| German 10-year government bond yield | ECB © Europäische Zentralbank, freie Weiterverwendung mit Quellenangabe |
|---|---|
| US 10-year Treasury yield | FRED (St. Louis Fed) Federal Reserve Bank of St. Louis (FRED), freie Weiterverwendung mit Quellenangabe |