Interest rates forecast · FRED data

US 10-year Treasury yield forecast

10-year US Treasury yield (%)

Last close · Sep 25, 2026

5.17%

The US 10-year Treasury yield is forecast at 5.05% in 12 months (Sep 2027), with an 80% range of 3.92% to 6.36%. The last close was 5.17% on Sep 25, 2026, so the median implies a change of −0.12 pp.

Along the way, the median is 5.14% in 3 months and 5.09% in 6 months.

3.5%4.0%4.5%5.0%5.5%6.0%6.5%2024202520262027HistoryForecast3M5.14%6M5.09%12M5.05%
4%5%6%20242026HistoryForecast
3 monthsDec 2026
5.14%▼ −0.03 pp80%: 4.60% – 5.75%
6 monthsMar 2027
5.09%▼ −0.08 pp80%: 4.37% – 6.01%
12 monthsSep 2027
5.05%▼ −0.12 pp80%: 3.92% – 6.36%

Backtest · last 5 years

How accurate has this been?

HorizonTestsAvg. errorNaive errorIn 80% range
3 months570.38 pp0.36 pp81%
6 months540.54 pp0.49 pp78%
12 months480.77 pp0.66 pp85%

We re-ran the model as if standing at past dates, using only the data available then. Avg. error is the mean absolute gap between the median and what happened (percentage points); naive assumes no change from the last value. A well-calibrated 80% range contains about 80% of outcomes. Methodology

Source data

Recent values

DateValueChange
Sep 25, 20265.17%−0.01 pp
Sep 24, 20265.18%+0.07 pp
Sep 23, 20265.11%+0.15 pp
Sep 22, 20264.96%0.00 pp
Sep 21, 20264.96%−0.05 pp
Sep 18, 20265.01%+0.07 pp
Sep 17, 20264.94%−0.07 pp
Sep 16, 20265.01%+0.01 pp
Sep 15, 20265.00%+0.03 pp
Sep 14, 20264.97%+0.01 pp

About this forecast

Source
FRED, Federal Reserve Bank of St. Louis · series DGS10
Data through
Sep 25, 2026 · 6,687 observations
Forecast updated
Sep 28, 2026
Model
TimesFM 2.5 (Google Research, Apache-2.0), zero-shot

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Statistical model, not financial advice. This forecast is generated automatically from public data; the 80% range means outcomes are expected outside it about one time in five. Don't make financial decisions based only on it.

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