The Treasury curve in 2024

The zero curve on each of 251 trading days, at the two, ten and thirty year points.

3.25%3.50%3.75%4.00%4.25%4.50%4.75%5.00%Jan 2, 2024Dec 31, 2024Jan 2, 20242Y zero rate4.298%10Y zero rate3.984%30Y zero rate4.217%Jan 10, 20242Y zero rate4.317%10Y zero rate4.074%30Y zero rate4.341%Jan 19, 20242Y zero rate4.348%10Y zero rate4.194%30Y zero rate4.497%Jan 29, 20242Y zero rate4.261%10Y zero rate4.114%30Y zero rate4.458%Feb 6, 20242Y zero rate4.354%10Y zero rate4.121%30Y zero rate4.431%Feb 14, 20242Y zero rate4.536%10Y zero rate4.318%30Y zero rate4.566%Feb 23, 20242Y zero rate4.628%10Y zero rate4.289%30Y zero rate4.408%Mar 4, 20242Y zero rate4.573%10Y zero rate4.247%30Y zero rate4.394%Mar 12, 20242Y zero rate4.561%10Y zero rate4.164%30Y zero rate4.376%Mar 20, 20242Y zero rate4.571%10Y zero rate4.295%30Y zero rate4.560%Mar 28, 20242Y zero rate4.609%10Y zero rate4.183%30Y zero rate4.367%Apr 5, 20242Y zero rate4.708%10Y zero rate4.383%30Y zero rate4.556%Apr 15, 20242Y zero rate4.902%10Y zero rate4.616%30Y zero rate4.687%Apr 23, 20242Y zero rate4.882%10Y zero rate4.591%30Y zero rate4.690%May 1, 20242Y zero rate4.921%10Y zero rate4.594%30Y zero rate4.695%May 9, 20242Y zero rate4.771%10Y zero rate4.441%30Y zero rate4.628%May 17, 20242Y zero rate4.766%10Y zero rate4.394%30Y zero rate4.561%May 28, 20242Y zero rate4.898%10Y zero rate4.497%30Y zero rate4.600%Jun 5, 20242Y zero rate4.683%10Y zero rate4.270%30Y zero rate4.459%Jun 13, 20242Y zero rate4.633%10Y zero rate4.223%30Y zero rate4.412%Jun 24, 20242Y zero rate4.658%10Y zero rate4.244%30Y zero rate4.435%Jul 2, 20242Y zero rate4.708%10Y zero rate4.429%30Y zero rate4.608%Jul 11, 20242Y zero rate4.456%10Y zero rate4.211%30Y zero rate4.497%Jul 19, 20242Y zero rate4.446%10Y zero rate4.261%30Y zero rate4.541%Jul 29, 20242Y zero rate4.350%10Y zero rate4.188%30Y zero rate4.532%Aug 6, 20242Y zero rate3.954%10Y zero rate3.918%30Y zero rate4.349%Aug 14, 20242Y zero rate3.901%10Y zero rate3.854%30Y zero rate4.309%Aug 22, 20242Y zero rate3.956%10Y zero rate3.891%30Y zero rate4.301%Aug 30, 20242Y zero rate3.900%10Y zero rate3.947%30Y zero rate4.358%Sep 10, 20242Y zero rate3.570%10Y zero rate3.684%30Y zero rate4.124%Sep 18, 20242Y zero rate3.563%10Y zero rate3.740%30Y zero rate4.199%Sep 26, 20242Y zero rate3.596%10Y zero rate3.823%30Y zero rate4.313%Oct 4, 20242Y zero rate3.892%10Y zero rate4.005%30Y zero rate4.458%Oct 15, 20242Y zero rate3.915%10Y zero rate4.058%30Y zero rate4.482%Oct 23, 20242Y zero rate4.049%10Y zero rate4.276%30Y zero rate4.662%Oct 31, 20242Y zero rate4.123%10Y zero rate4.312%30Y zero rate4.606%Nov 8, 20242Y zero rate4.217%10Y zero rate4.341%30Y zero rate4.597%Nov 19, 20242Y zero rate4.245%10Y zero rate4.411%30Y zero rate4.676%Nov 27, 20242Y zero rate4.218%10Y zero rate4.254%30Y zero rate4.448%Dec 6, 20242Y zero rate4.088%10Y zero rate4.176%30Y zero rate4.418%Dec 16, 20242Y zero rate4.218%10Y zero rate4.400%30Y zero rate4.596%Dec 24, 20242Y zero rate4.318%10Y zero rate4.615%30Y zero rate4.777%Dec 31, 20242Y zero rate4.215%10Y zero rate4.609%30Y zero rate4.923%
2Y zero rate10Y zero rate30Y zero rate
Zero rate first, last, low and high for each charted tenor across 2024.
TenorFirstLastChangeLowHigh
2Y4.298%4.215%-8.3 bp3.497%Sep 24, 20244.995%Apr 30, 2024
10Y3.984%4.609%+62.5 bp3.659%Sep 16, 20244.681%Apr 25, 2024
30Y4.217%4.923%+70.6 bp4.104%Sep 16, 20244.923%Dec 31, 2024

Rates are percent; the change column is basis points. A rise in yield is a fall in price, so the colours here describe the rate rather than a bondholder's return.

Month by month

Index levels before September 30, 2026 are back-tested. They were computed after the fact by applying the rules to historical data, which benefits from hindsight in the choice of rules, and an index cannot be invested in directly. Methodology v1.0 takes effect at that rebalance, when levels begin to be struck on the day; the rulebook is identical either way, and the version is published on every row.

A fitted curve is a fit, not a quote. Daily error averages 3.8 basis points across the history and reaches about 20 on the worst days, in December 2008, when the market was genuinely hard to fit one smooth curve to. Every curve page publishes its own fit error rather than burying it.

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Curves are fitted from public Treasury data and carry fit error; figures are not a record of trading, and an index cannot be invested in directly. No claim of compliance with the IOSCO Principles for Financial Benchmarks is made or implied. Not investment advice, not an offer, and not a recommendation to buy or sell any security.