30-Year Treasury Yield (^TYX) Live Data, Formula & Analysis

Macro Economic Definition & Formula

The 30-Year US Treasury bond yield represents the benchmark long-term risk-free interest rate for ultra-long duration debt and capital investment.

Formula: 30Y Nominal Yield = 30Y TIPS Real Rate + 30Y Breakeven Inflation Rate + Term Premium

Key Indicator Specifications Table

Indicator ParameterValue / Specification
Indicator Name30-Year Treasury Yield
Ticker Symbol^TYX
Normal Baseline Range4.10% - 4.80%
Unit of MeasurePercentage (%)
Authoritative SourceCboe / Yahoo Finance (^TYX) / FRED (DGS30)

Authoritative Data Source Citation

Rising 30Y yields elevate corporate long-term borrowing costs, increase 30-year fixed mortgage rates, and reflect investor demands for term premium amid federal debt issuance.

Source: Cboe / Yahoo Finance (^TYX) / FRED (DGS30) (https://finance.yahoo.com/quote/%5ETYX)

Market Impact & Historical Context

Rapid surges in 30Y yields steepen the yield curve and pressure ultra-long duration growth assets. Stabilizing yields support housing and credit markets.

In October 2023, 30Y yields breached 5.10% due to heavy Treasury issuance, triggering cross-asset volatility before stabilizing as auction demand returned.

liquidity^TYX

30-Year Treasury Yield

Latest Value110.5
+2.1%

The 30-Year US Treasury bond yield represents the benchmark long-term risk-free interest rate for ultra-long duration debt and capital investment.

NORMAL BASELINE RANGE4.10% - 4.80%
UNIT OF MEASUREPercentage (%)
AUTHORITATIVE DATA SOURCECboe / Yahoo Finance (^TYX) / FRED (DGS30)

Historical Trend & Macro Shading

Formula & Calculation Mechanism

30Y Nominal Yield = 30Y TIPS Real Rate + 30Y Breakeven Inflation Rate + Term Premium

Rising 30Y yields elevate corporate long-term borrowing costs, increase 30-year fixed mortgage rates, and reflect investor demands for term premium amid federal debt issuance.

Market Impact on US Equities & S&P 500

Rapid surges in 30Y yields steepen the yield curve and pressure ultra-long duration growth assets. Stabilizing yields support housing and credit markets.

Historical Precedents & Bull/Bear Regimes

In October 2023, 30Y yields breached 5.10% due to heavy Treasury issuance, triggering cross-asset volatility before stabilizing as auction demand returned.

Frequently Asked Questions (FAQs)

Q:Why does the 30-Year Treasury Yield matter for equity and real estate markets?

The 30Y yield acts as the benchmark for ultra-long discount rates and 30-year mortgage rates. Higher yields raise the cost of long-term capital and mortgage financing.

Q:What is the relationship between 10Y and 30Y Treasury yields?

The 30Y yield typically trades at a spread above the 10Y yield (term premium) to compensate investors for the extra duration and inflation uncertainty of a 30-year horizon.

Related Macro Indicators

^TNX

10-Year Treasury Yield

Range: 3.80% - 4.50%T10Y2Y

10Y-2Y Yield Curve Spread

Range: -0.50% - +0.80%^MOVE

ICE BofA MOVE Bond Volatility

Range: 85.0 - 125.0MORTGAGE30US

30-Year Fixed Mortgage Rate

Range: 6.00% - 7.50%DFII10

10-Year TIPS Real Yield

Range: 1.50% - 2.20%