10Y Treasury

Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity

View on FRED · DGS10 ↗

4.90%

▼ 15bp

▼ 38bp

yoy

▲ 19.51%

2499 obs · daily · percent── 1y ago 4.10%

What it is

Leads mortgage rates by days to weeks. If this moves, MORTGAGE30US follows.

source: FRED
frequency: daily
units: percent
s.a.: no

What it’s telling us · as of 2026-11-04

Yields sit at 4.90%, down 15 bps on the week and 38 bps on the month, but still 80 bps above where they were a year ago. That's a retreat from the 5.31% high on Oct 5, and 30Y mortgage rates tend to follow this series within days to weeks, so expect quotes to ease if it holds. An 80 bp YoY gap is still wide, though, so don't rebuild refi or exit assumptions around it. Watch whether 4.90 holds or the series retests 5.0, since the last eight sessions have ranged between 4.90 and 5.05.

⟡ auto-generated weekly · claude-sonnet-5-5 · reviewed before publish

Related metrics

Get the data

Python · fredapi

"""
10Y Treasury — Leads mortgage rates by days to weeks. If this moves, MORTGAGE30US follows.
Freq: daily · Source: FRED
"""
from fredapi import Fred

fred = Fred(api_key="YOUR_FRED_API_KEY")
series = fred.get_series("DGS10")
print(series.tail())

LLM prompt

You are analyzing FRED series DGS10 — Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity.

Context: Leads mortgage rates by days to weeks. If this moves, MORTGAGE30US follows.

Attributes
- Units: percent
- Frequency: daily
- Source: FRED

Latest observation: 4.90% as of 2026-11-04
Year-over-year change: +19.51%

Analyze this metric for a tech-forward real estate investor with 1–3 properties. What is it signaling right now? What should I watch next?