Treasury Rates Update: August 27th, 2026
- Bill Knudson
- 11 hours ago
- 1 min read
In my decades monitoring fixed-income markets, late August often brings a distinctive calm as traders position ahead of autumn policy decisions. Following the recalibration seen after the mid-month inflation data, the Treasury market exhibited a slight flattening shift this past week. Yields on the short end pushed modestly higher while longer-term rates edged downward, reflecting a market carefully balancing late-summer economic signals.
The benchmark 10-year Treasury yield slipped 2 basis points (bp) this week to settle at 4.67%, while its cumulative 14-day change stood at a modest 4bp increase.
Upcoming Key Economic Data Release:
Next jobs release is September 4
Next CPI release is September 11
The next Fed meeting is on September 16
Key Developments
Short-End Advance: The 1-year rate led gains on the front end, rising 5bp to 4.04%, while the 1-month and 2-year yields each crept up by 1bp to 3.81% and 4.20%, respectively.
Long-End Softening: The 30-year yield fell 4bp to 5.19%, while the 5-year rate dipped 1bp to 4.38%.
Yield Curve Flattening: Driven by rising 2-year yields alongside falling 10-year rates, the 10-to-2 year spread narrowed to 0.47% from 0.50% last week.
Market attention now turns squarely to the September 4th jobs report and September 11th CPI print as the primary catalysts before the Federal Reserve convenes on September 16th.
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