GlossaryUS government bonds 10Y
US government bonds 10Y
The yield on ten-year US government bonds in percent, in the “US10Y” pane. It is the reference rate for valuing almost all assets and shows how expensive money is in the long run.
How to read it
- Rising yields make holding assets without interest income more expensive and raise the discount rate for future earnings. Historically, that weighed on growth stocks and crypto.
- Falling yields ease conditions and have tended to be a tailwind for risk assets.
- If yields fall because investors flee into safe bonds in a crisis, that is not a good sign for risk assets. Always read the direction together with the environment.
Good to know
- The pane works on every symbol; its series does not depend on the chart.
- A value counts as current for five days, so that weekends and holidays do not count as a gap. If the latest one is older, the line ends and the pane header shows “US10Y · as of {date}”.
- The study “mantacharts: US government bonds (yield curve)” shows the full yield curve, “mantacharts: Real Yields Tracker” the inflation-adjusted yield.
- The only settings are in the Style tab: Appearance (default: line).