3m10y Spread (10-Year minus 3-Month)
The 3m10y Spread (10-Year minus 3-Month) was 0.78% on 2026-10-30, per Computed by Kitalpha from U.S. Department of the Treasury par yields.
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Recent observations
The most recent 60 observations, newest first. Change is against the previous published observation, not the previous calendar day — the series is only published on days the source publishes it.
| Date | Value | Change |
|---|---|---|
| 0.78% | -2 bp | |
| 0.80% | -7 bp | |
| 0.87% | +10 bp | |
| 0.77% | -1 bp | |
| 0.78% | 0 bp | |
| 0.78% | +4 bp | |
| 0.74% | -14 bp | |
| 0.88% | +2 bp | |
| 0.86% | -2 bp | |
| 0.88% | +5 bp | |
| 0.83% | +1 bp | |
| 0.82% | -9 bp | |
| 0.91% | -4 bp | |
| 0.95% | -4 bp | |
| 0.99% | 0 bp | |
| 0.99% | -7 bp | |
| 1.06% | 0 bp | |
| 1.06% | -3 bp | |
| 1.09% | 0 bp | |
| 1.09% | +2 bp | |
| 1.07% | -2 bp | |
| 1.09% | +8 bp | |
| 1.01% | +5 bp | |
| 0.96% | +3 bp | |
| 0.93% | -1 bp | |
| 0.94% | +2 bp | |
| 0.92% | +12 bp | |
| 0.80% | +1 bp | |
| 0.79% | -8 bp | |
| 0.87% | +5 bp | |
| 0.82% | -5 bp | |
| 0.87% | -2 bp | |
| 0.89% | +3 bp | |
| 0.86% | -3 bp | |
| 0.89% | -6 bp | |
| 0.95% | +7 bp | |
| 0.88% | +2 bp | |
| 0.86% | -1 bp | |
| 0.87% | -1 bp | |
| 0.88% | +1 bp | |
| 0.87% | 0 bp | |
| 0.87% | +3 bp | |
| 0.84% | +1 bp | |
| 0.83% | 0 bp | |
| 0.83% | +2 bp | |
| 0.81% | +3 bp | |
| 0.78% | -5 bp | |
| 0.83% | -3 bp | |
| 0.86% | +4 bp | |
| 0.82% | +3 bp | |
| 0.79% | -6 bp | |
| 0.85% | 0 bp | |
| 0.85% | +3 bp | |
| 0.82% | +6 bp | |
| 0.76% | -5 bp | |
| 0.81% | 0 bp | |
| 0.81% | -2 bp | |
| 0.83% | +5 bp | |
| 0.78% | -1 bp | |
| 0.79% | — |
Computed by Kitalpha from U.S. Department of the Treasury par yields · As of · Showing 60 of 6,209 observations; the chart above plots the full history.
Methodology
The 10-year par yield minus the 3-month par yield, in percentage points. The near-term leg makes this the spread most closely tied to the stance of current policy, and it is the measure the New York Fed's own recession-probability model is built on. As with 2s10s, a negative value means the curve is inverted.
- Attribution
- Computed by Kitalpha from U.S. Department of the Treasury par yields
- Originator
- Kitalpha (computed from U.S. Department of the Treasury data)
- Licence
- Public domain
- Why
- A subtraction of two U.S. government public-domain figures. No third-party input, so no third-party licence.