Module № 04
The Curve.
The US Treasury constant-maturity curve and the major bond ETFs · together in one view. Eleven tenors from one-month bills to thirty-year bonds, with historical overlays and spread summaries. Below, the six ETFs most commonly used as curve proxies.
US Treasury Constant-Maturity Curve
May 20, 2026 · end-of-day · source EODHD · loading
2s10s Spread
-17 bp
10Y 4.25 − 2Y 4.42
3m10y Spread
-93 bp
inverted
Curve Slope
-66 bp
30Y − 3M
Shape
Inverted
recession signal
Individual Tenors
Tenor
Yield
1W Chg (bp)
1Y Chg (bp)
1M
5.32%
3M
5.18%
6M
4.95%
1Y
4.68%
2Y
4.42%
3Y
4.28%
5Y
4.15%
7Y
4.22%
10Y
4.25%
20Y
4.48%
30Y
4.52%