Global Bond Yields Tracker – 10-Year Government Bonds by Country

OFFICIAL OECD & EUROSTAT DATALatest available published observations

Compare government bond yields across 43 countries and the EU / euro-area aggregates

Monthly long-term government bond yields, generally around 10-year maturity. Completed months only; not live market quotes.

United States4.99%Sep 2026Government benchmark · around 10 years
China1.69%Aug 2026Government benchmark · around 10 years
Euro Area3.93%Sep 2026Euro area aggregate · around 10 years
Japan3.05%Sep 2026Government benchmark · around 10 years
United Kingdom5.24%Sep 2026Government benchmark · around 10 years
India7.06%Sep 2026Government benchmark · around 10 years
Canada3.88%Sep 2026Government benchmark · around 10 years
Brazil9.14%Sep 2026Government benchmark · around 10 years
South Korea4.45%Sep 2026Government benchmark · around 10 years
Mexico9.35%Sep 2026Government benchmark · around 10 years
Australia5.28%Sep 2026Government benchmark · around 10 years
Switzerland0.59%Sep 2026Government benchmark · around 10 years
Poland6.23%Sep 2026Government benchmark · around 10 years
Sweden3.19%Sep 2026Government benchmark · around 10 years
Israel4.08%Sep 2026Government benchmark · around 10 years
More economiesView additional economies
South Korea4.45%Sep 2026Government benchmark · around 10 years
Mexico9.35%Sep 2026Government benchmark · around 10 years
Australia5.28%Sep 2026Government benchmark · around 10 years
Switzerland0.59%Sep 2026Government benchmark · around 10 years
Poland6.23%Sep 2026Government benchmark · around 10 years
Sweden3.19%Sep 2026Government benchmark · around 10 years
Israel4.08%Sep 2026Government benchmark · around 10 years
European Union4.20%Sep 2026EU27 weighted aggregate · around 10 years
Germany3.44%Oct 2026Government benchmark · around 10 years
France4.44%Sep 2026Government benchmark · around 10 years
Italy4.36%Sep 2026Government benchmark · around 10 years
Spain3.92%Sep 2026Government benchmark · around 10 years
Netherlands3.56%Sep 2026Government benchmark · around 10 years
Austria3.69%Sep 2026Government benchmark · around 10 years
Belgium4.12%Sep 2026Government benchmark · around 10 years
Bulgaria4.09%Aug 2026Government benchmark · around 10 years
Chile6.01%Sep 2026Government benchmark · around 10 years
Colombia12.73%Sep 2026Government benchmark · around 10 years
Costa Rica6.28%Aug 2026Government benchmark · around 10 years
Croatia3.59%Sep 2026Government benchmark · around 10 years
Czech Republic5.24%Sep 2026Government benchmark · around 10 years
Denmark3.29%Sep 2026Government benchmark · around 10 years
Estonia4.09%Sep 2026Government benchmark · around 10 years
Finland3.80%Sep 2026Government benchmark · around 10 years
Greece4.23%Sep 2026Government benchmark · around 10 years
Hungary5.69%Sep 2026Government benchmark · around 10 years
Ireland3.59%Sep 2026Government benchmark · around 10 years
Latvia4.15%Sep 2026Government benchmark · around 10 years
Lithuania2.88%Sep 2026Government benchmark · around 10 years
Luxembourg3.70%Sep 2026Government benchmark · around 10 years
New Zealand4.94%Sep 2026Government benchmark · around 10 years
Norway4.47%Oct 2026Government benchmark · around 10 years
Portugal3.85%Sep 2026Government benchmark · around 10 years
Romania6.71%Sep 2026Government benchmark · around 10 years
Slovak Republic4.16%Sep 2026Government benchmark · around 10 years
Slovenia3.86%Sep 2026Government benchmark · around 10 years
South Africa8.95%Sep 2026Government benchmark · around 10 years
Government Bond Yields by Country — All Available EconomiesView the complete country overview

Latest available government bond yield observations. Months differ; older values are labelled. Select a country name to view its history.

Country / economyYield · % per annumObservation monthMethod / status
United States4.99%Sep 2026Government benchmark · around 10 years · USD
China1.69%Aug 2026Government benchmark · around 10 years · CNY
Euro Area3.93%Sep 2026Euro area aggregate · around 10 years · EUR
Japan3.05%Sep 2026Government benchmark · around 10 years · JPY
United Kingdom5.24%Sep 2026Government benchmark · around 10 years · GBP
India7.06%Sep 2026Government benchmark · around 10 years · INR
Canada3.88%Sep 2026Government benchmark · around 10 years · CAD
Brazil9.14%Sep 2026Government benchmark · around 10 years · BRL
South Korea4.45%Sep 2026Government benchmark · around 10 years · KRW
Mexico9.35%Sep 2026Government benchmark · around 10 years · MXN
Australia5.28%Sep 2026Government benchmark · around 10 years · AUD
Switzerland0.59%Sep 2026Government benchmark · around 10 years · CHF
Poland6.23%Sep 2026Government benchmark · around 10 years · PLN
Sweden3.19%Sep 2026Government benchmark · around 10 years · SEK
Israel4.08%Sep 2026Government benchmark · around 10 years · ILS
European Union4.20%Sep 2026EU27 weighted aggregate · around 10 years · National currencies (EU aggregate)
Germany3.44%Oct 2026Government benchmark · around 10 years · EUR
France4.44%Sep 2026Government benchmark · around 10 years · EUR
Italy4.36%Sep 2026Government benchmark · around 10 years · EUR
Spain3.92%Sep 2026Government benchmark · around 10 years · EUR
Netherlands3.56%Sep 2026Government benchmark · around 10 years · EUR
Austria3.69%Sep 2026Government benchmark · around 10 years · EUR
Belgium4.12%Sep 2026Government benchmark · around 10 years · EUR
Bulgaria4.09%Aug 2026Government benchmark · around 10 years · EUR
Chile6.01%Sep 2026Government benchmark · around 10 years · CLP
Colombia12.73%Sep 2026Government benchmark · around 10 years · COP
Costa Rica6.28%Aug 2026Government benchmark · around 10 years · CRC
Croatia3.59%Sep 2026Government benchmark · around 10 years · EUR
Czech Republic5.24%Sep 2026Government benchmark · around 10 years · CZK
Denmark3.29%Sep 2026Government benchmark · around 10 years · DKK
Estonia4.09%Sep 2026Government benchmark · around 10 years · EUR
Finland3.80%Sep 2026Government benchmark · around 10 years · EUR
Greece4.23%Sep 2026Government benchmark · around 10 years · EUR
Hungary5.69%Sep 2026Government benchmark · around 10 years · HUF
Ireland3.59%Sep 2026Government benchmark · around 10 years · EUR
Latvia4.15%Sep 2026Government benchmark · around 10 years · EUR
Lithuania2.88%Sep 2026Government benchmark · around 10 years · EUR
Luxembourg3.70%Sep 2026Government benchmark · around 10 years · EUR
New Zealand4.94%Sep 2026Government benchmark · around 10 years · NZD
Norway4.47%Oct 2026Government benchmark · around 10 years · NOK
Portugal3.85%Sep 2026Government benchmark · around 10 years · EUR
Romania6.71%Sep 2026Government benchmark · around 10 years · RON
Slovak Republic4.16%Sep 2026Government benchmark · around 10 years · EUR
Slovenia3.86%Sep 2026Government benchmark · around 10 years · EUR
South Africa8.95%Sep 2026Government benchmark · around 10 years · ZAR
Sources, methodology & reuse

The default primary cards use the same 15 jointly covered economies across all five global trackers, ordered by 2025 nominal GDP in World Bank WDI. Phones initially show the same first 8 entries. This is a fixed introductory selection, not a ranking of the displayed indicator. The euro area is distinct from the European Union; definitions and historical membership follow each official source. Source: The World Bank: World Development Indicators; CC BY 4.0 with additional Dataset Terms.

The Euro Area card uses official Eurostat/ECB MCBY, geo EA, with changing euro-area composition (21 members since 2026). Weights follow the nominal stock of representative long-term national government bonds. It is not the EU27 aggregate. The underlying monthly source, source checks and provider conditions are shared with the existing EU input.

The European Union card is the official Eurostat/ECB EU27_2020 aggregate (2020 composition) in irt_lt_mcby_m, MCBY, monthly percent per annum. The ECB weights national long-term government yields using GDP at current prices and purchasing power standards. This is a member-state yield aggregate, not the euro area and not a quote for bonds issued directly by the European Commission. It overlaps national member-country benchmarks and is not added to them. EU history begins in 2014 in this tool; national OECD histories remain complete.

Source: OECD (2026), Financial market, Long-term interest rates (IRLT), DSD_STES@DF_FINMARK 4.0, OECD Data Explorer. Values are percentages per annum, in the local-currency government benchmark, generally around ten-year residual maturity. Monthly series are generally averages of daily rates; national methods and historical sampling may differ. We preserve the OECD monthly observations rather than reconstructing or mixing daily feeds.

Only completed calendar months are displayed. A current-month observation returned early by the source is withheld until the month has finished. Observation months can differ between countries. “Common month · major economies” uses the latest exact month present for the initial 15 largest covered countries. Additional countries use that month or show unavailable. The history panel still shows its latest saved observation. “All” includes the full available source history for the selected countries, whose start dates differ.

Monthly change = current yield minus the preceding calendar month’s yield, multiplied by 100, in basis points (bp). One percentage point equals 100 bp. Changes across missing months or explicitly flagged series breaks remain unavailable. Negative yields are valid observations. Gaps are not interpolated and the chart does not connect across missing months or flagged breaks.

Spread vs U.S. = (country yield − U.S. yield) × 100 bp, using the same exact completed month for both observations. A positive spread means the country’s yield is higher; the U.S. spread is zero where paired data exist. Change in spread is the difference between consecutive monthly spreads, also in bp. The table and CSV retain both yield inputs. Cross-currency spreads also reflect currency and inflation expectations and other market differences: they are not currency-hedged returns, pure credit-risk spreads or a direct measure of default probability.

Two shared source checks are scheduled daily: OECD national benchmarks and Eurostat EU27. New statistical observations normally arrive monthly. WordPress cron requires site traffic or a host cron. Source failures, invalid responses and older/truncated histories keep the last verified data. Verification more than seven days old and observations more than four months behind are labelled. A source check date is not the observation month or a guarantee of a new release.

Eurostat source: irt_lt_mcby_m, EU27_2020, accessed as shown above. Selection, changes and spreads are Silver Dominion modifications; Eurostat is not responsible for those modifications. ECB information is freely available from its website; ECB reuse conditions also apply to the original ECB input.

Independent selection, spread calculations and presentation by Silver Dominion. Preserve source credit, dataset links, access dates and the same acknowledgement requirement in onward reuse. OECD data remain subject to OECD terms and any applicable third-party restrictions; the GPL-2.0-or-later licence covers code only. No OECD or central bank endorsement is implied. General macroeconomic information, not investment advice.

Independent Silver Dominion tool · Sources: OECD and Eurostat / ECB · Monthly observations, not live bond prices.

Global Bond Yields: Compare 10-Year Government Bonds

Government bond yields offer valuable insight into how investors assess interest rates, inflation expectations and economic risks across countries. While yields may rise in one economy, they can decline elsewhere as monetary policies and market conditions diverge.

The Global Bond Yields Tracker helps investors compare 10-year government bond yields across major economies, examine historical trends and identify differences in borrowing costs and financial conditions.

For a detailed view of the American bond market, our U.S. Treasury Yields Tracker provides historical data across multiple maturities.

Why Government Bond Yields Differ Between Countries

Ten-year bond yields reflect several factors, including expected interest rates, inflation, credit risk and the additional compensation investors require for holding longer-term debt.

Higher yields can indicate tighter financial conditions, but they may also reflect concerns about inflation or government borrowing. Lower yields can signal weaker growth expectations or stronger demand for relatively safe assets.

Our Global Interest Rates Tracker provides context on central bank policies, while the Global Inflation Tracker helps explain differences in consumer price pressures.

How Bond Yields Affect Gold and Silver

Government bond yields influence precious metals through interest-rate expectations, currency movements and investment demand.

Real yields are particularly important for gold. Rising inflation-adjusted returns can increase the opportunity cost of holding gold, while falling real yields may make it more attractive.

Our U.S. Real Yields Tracker provides a closer look at inflation-adjusted Treasury yields.

Silver also responds to monetary conditions, although industrial demand makes its relationship with bond markets less direct. Historical comparisons are available through the Gold & Silver Macro Comparison Dashboard.

Bond yields provide important market context, but their movements alone cannot reliably predict future gold or silver prices.

Frequently Asked Questions

What does the Global Bond Yields Tracker show?

The Global Bond Yields Tracker compares 10-year government bond yields across major economies. It helps investors examine differences in sovereign borrowing costs, explore historical yield trends and compare bond market conditions between countries. The data reflects published benchmark yields rather than live trading prices.

What is a 10-year government bond yield?

A 10-year government bond yield represents the market return implied by a government bond with approximately ten years remaining until maturity. It serves as an important benchmark for long-term interest rates, borrowing costs and investor expectations about inflation and economic growth. Bond yields generally rise when bond prices fall.

Why do government bond yields differ between countries?

Government bond yields reflect differences in inflation expectations, monetary policy, economic conditions, credit risk and investor demand. Currency risk and market liquidity also influence international comparisons. Higher yields do not necessarily indicate stronger economies and may instead reflect greater perceived risk.

How are bond yields different from central bank interest rates?

Central bank policy rates are monetary policy instruments, while government bond yields are determined by financial markets. Ten-year yields reflect expectations about future interest rates, inflation and risk over a longer period. They can move independently of current central bank policy decisions.

How often are global government bond yields updated?

Update frequency depends on the underlying data source. The global comparison uses published benchmark yield observations, which may be available as monthly averages. Publication schedules and reporting delays vary by country. These figures should not be interpreted as real-time bond market quotations.

What is the difference between nominal and real bond yields?

Nominal bond yields represent returns before adjusting for inflation. Real yields account for changes in purchasing power and may be estimated using inflation expectations or observed through inflation-linked bond markets. A high nominal yield does not necessarily mean a high inflation-adjusted return.

How do government bond yields affect gold and silver prices?

Government bond yields can influence precious metals through real interest rates, currency movements and investment demand. Rising real yields may increase the opportunity cost of holding gold, while falling real yields can provide support. Silver is also influenced by industrial demand. Bond yields alone cannot reliably predict precious metal prices.