Treasury 10-Year Yield Closes at 5.15% After October PPI

The official U.S. Treasury daily par yield curve lists a November 13, 2026, 10-year close of 5.15%, up from 5.10% on November 12, the same day as the official October PPI.

The official U.S. Treasury daily par yield curve lists a November 13, 2026, 10-year rate of 5.15 percent, up from the official November 12 close of 5.10 percent and from the official November 10 close of 4.98 percent. The same official November 13 row shows a 2-year yield of 4.88 percent, a 30-year yield of 5.47 percent, and a 20-year yield of 5.52 percent. Friday was also the day the U.S. Bureau of Labor Statistics published the official October Producer Price Index, USDL 26-1687, embargoed until 8:30 a.m. Eastern Time. This article records the official Treasury closes and the official same-day PPI print as facts that arrived on the same calendar date. It does not treat the PPI as the proven cause of the yield move, and it is not a rewrite of the earlier article on the November 12 close of 5.10 percent, the official November 12 30-year auction, or the guide to reading the Federal Reserve’s H.15 table.

One source limit belongs in the lead. The Federal Reserve’s H.15 selected interest rates release dated November 13, 2026, still ends its daily columns on November 12. That H.15 table shows a 10-year constant-maturity yield of 5.10 percent and a 30-year yield of 5.43 percent on November 12, a blank November 11 column marked “Markets closed,” and no November 13 Treasury column at all. Official November 13 coupon yields in this article come only from the Treasury daily par yield curve. They are not invented as an H.15 print.

The official November 13 par yield curve

The Treasury 2026 daily par yield curve table reports coupon maturities after a block of bill fields listed as not applicable on these dates. The official coupon columns, in order, are 1 month, 1.5 month, 2 month, 3 month, 4 month, 6 month, 1 year, 2 year, 3 year, 5 year, 7 year, 10 year, 20 year, and 30 year. There is no official November 11 row. November 11, 2026, was Veterans Day, and the Treasury table simply does not list a coupon close for that date. The official rows immediately around Friday are November 10, November 12, and November 13.

Official Treasury date1 month1.5 month2 month3 month4 month6 month1 year2 year3 year5 year7 year10 year20 year30 year
November 10, 20264.054.164.214.304.284.384.564.734.744.814.894.985.395.35
November 11, 2026No official Treasury coupon row (Veterans Day)
November 12, 20264.124.184.264.324.354.424.654.864.904.955.025.105.485.43
November 13, 20264.104.184.264.324.344.424.654.884.924.985.055.155.525.47

A calculation from those official cells shows how Friday compared with Thursday. The 10-year yield rose 0.05 percentage point, from 5.10 percent to 5.15 percent. The 30-year yield rose 0.04 percentage point, from 5.43 percent to 5.47 percent. The 20-year yield rose 0.04 percentage point, from 5.48 percent to 5.52 percent. The 7-year yield rose 0.03 percentage point, from 5.02 percent to 5.05 percent, and the 5-year yield rose 0.03 percentage point, from 4.95 percent to 4.98 percent. The 3-year yield rose 0.02 percentage point, from 4.90 percent to 4.92 percent, and the 2-year yield rose 0.02 percentage point, from 4.86 percent to 4.88 percent. The 1-year, 6-month, 3-month, 2-month, and 1.5-month official yields were unchanged at 4.65 percent, 4.42 percent, 4.32 percent, 4.26 percent, and 4.18 percent, respectively. The 4-month yield edged down 0.01 percentage point, from 4.35 percent to 4.34 percent, and the 1-month yield edged down 0.02 percentage point, from 4.12 percent to 4.10 percent. All of those day-to-day differences are calculations from official Treasury cells, not a labeled change column on the Treasury page.

The same official three-day window, measured from the November 10 close that coincided with the official October CPI release, is larger. A calculation from the official November 10 and November 13 cells shows the 10-year yield up 0.17 percentage point, from 4.98 percent to 5.15 percent; the 30-year yield up 0.12 percentage point, from 5.35 percent to 5.47 percent; the 20-year yield up 0.13 percentage point, from 5.39 percent to 5.52 percent; the 7-year yield up 0.16 percentage point, from 4.89 percent to 5.05 percent; the 5-year yield up 0.17 percentage point, from 4.81 percent to 4.98 percent; the 3-year yield up 0.18 percentage point, from 4.74 percent to 4.92 percent; and the 2-year yield up 0.15 percentage point, from 4.73 percent to 4.88 percent. The 3-month yield rose 0.02 percentage point, from 4.30 percent to 4.32 percent, with the entire increase occurring between November 10 and November 12; the official November 12 and November 13 3-month yields were both 4.32 percent.

Calculated curve spreads on the official November 13 row

The Treasury table does not publish spread columns. Any gap between two official maturities is therefore a calculation from official yields. On November 13, the 10-year yield of 5.15 percent was 0.27 percentage point above the 2-year yield of 4.88 percent. That 2-year/10-year gap had been 0.24 percentage point on November 12, when the official yields were 5.10 percent and 4.86 percent, so the calculated spread widened by 0.03 percentage point. The November 13 10-year yield was 0.83 percentage point above the official 3-month yield of 4.32 percent, compared with a calculated 0.78 percentage point gap on November 12, when the 10-year yield was 5.10 percent and the 3-month yield was also 4.32 percent. The entire widening of that 3-month/10-year gap on Friday came from the 10-year increase, because the 3-month official yield did not change.

Further out the official curve, the November 13 20-year yield of 5.52 percent was 0.37 percentage point above the 10-year yield, and the 30-year yield of 5.47 percent was 0.32 percentage point above the 10-year yield. The 30-year yield remained 0.05 percentage point below the 20-year yield, the same calculated 20-year/30-year inversion, of 0.05 percentage point, as on November 12, when the official yields were 5.48 percent and 5.43 percent. The 5-year/10-year gap on November 13 was 0.17 percentage point, from 4.98 percent to 5.15 percent, compared with 0.15 percentage point on November 12, from 4.95 percent to 5.10 percent. The 2-year/30-year gap was 0.59 percentage point on November 13, from 4.88 percent to 5.47 percent, compared with 0.57 percentage point on November 12, from 4.86 percent to 5.43 percent. These calculated spreads describe the official curve’s shape. They are not a Federal Reserve policy signal by themselves, and they are not taken from an H.15 November 13 column that does not exist.

The official path into Friday, from late October through the CPI week

The official 10-year par yield has not been confined to the November 10-13 window. Selected official closes from the same 2026 Treasury table show a 10-year yield of 5.24 percent on October 1, 5.31 percent on October 5, 5.15 percent on October 19, 5.13 percent on October 21, 4.96 percent on October 22, 5.00 percent on October 23 and October 26, 4.99 percent on October 27, 5.05 percent on October 28, 4.98 percent on October 29, and 4.94 percent on October 30. In early November the official 10-year close was 4.91 percent on November 2, 4.95 percent on November 3, 4.90 percent on November 4, 4.84 percent on November 5, 4.86 percent on November 6, and 4.88 percent on November 9, before the official November 10 close of 4.98 percent on the CPI release date. The official November 13 close of 5.15 percent therefore matches the official October 19 close of 5.15 percent, a comparison of two official cells, not a technical-analysis claim. It is 0.31 percentage point above the official November 5 close of 4.84 percent, 0.21 percentage point above the official October 30 close of 4.94 percent, and 0.16 percentage point below the official October 5 close of 5.31 percent, all calculations from official Treasury rows.

Official Treasury dateOfficial 2-year yield, percentOfficial 10-year yield, percentOfficial 30-year yield, percentCalculated 2-year/10-year spread, percentage points
October 5, 20264.845.315.660.47
October 19, 20264.775.155.480.38
October 30, 20264.564.945.310.38
November 5, 20264.464.845.250.38
November 6, 20264.514.865.260.35
November 9, 20264.564.885.260.32
November 10, 20264.734.985.350.25
November 12, 20264.865.105.430.24
November 13, 20264.885.155.470.27

The calculated 2-year/10-year spread in that official path narrowed from 0.47 percentage point on October 5 to 0.24 percentage point on November 12, then widened to 0.27 percentage point on November 13. The official 30-year yield, which was 5.66 percent on October 5 and 5.25 percent on November 5, closed Friday at 5.47 percent. Those are official levels and labeled calculations, not a statement about what “should” happen next week. The earlier article on the official November 12 10-year close of 5.10 percent after the November refunding covers Thursday’s official row in more detail and is not repeated here.

Official refunding auction results, compared with Friday’s par closes

The November refunding already produced official coupon auction results that can be compared with later official par closes, as long as the comparison is labeled as a calculation and is not dressed up as an unofficial “tail” against a when-issued yield this article does not have from an official source. On Tuesday, November 10, 2026, the Department of the Treasury’s Bureau of the Fiscal Service published an immediate-release auction results statement for a 10-year note, file R_20261110_1. The official offering amount was $42,000,000,000. The security is a 10-year note, CUSIP 91282CRX1, with a dated date of November 15, 2026, an issue date and original issue date of November 16, 2026, and a maturity date of November 15, 2036. The official high yield was 5.020 percent, the median yield was 4.961 percent, and the low yield was 4.500 percent. The price per $100 was 99.843952, the interest rate was 5 percent, and 95.17 percent of the amount was allotted at the high yield. The official bid-to-cover ratio printed on the results page is $103,302,679,000 / $42,000,059,700 = 2.46. A calculation from the official high yield of 5.020 percent and the official November 13 10-year par close of 5.15 percent shows a gap of 0.13 percentage point. The same official high yield was 0.08 percentage point below the official November 12 par close of 5.10 percent. Those gaps compare an official auction stop with later official par-curve closes; they are not a substitute for the earlier results article on the official 5.020 percent 10-year auction.

On Thursday, November 12, 2026, the Fiscal Service published an immediate-release statement for a 30-year bond, file R_20261112_4. The official offering amount was $25,000,000,000. The security is a 30-year bond, CUSIP 912810UY2, with a dated date of November 15, 2026, an issue date and original issue date of November 16, 2026, and a maturity date of November 15, 2056. The official high yield was 5.441 percent, the median yield was 5.370 percent, and the low yield was 4.850 percent. The price per $100 was 99.028979, the interest rate was 5-3/8 percent, and 21.29 percent of the amount was allotted at the high yield. The official bid-to-cover ratio printed on the results page is $59,046,096,200 / $25,000,011,800 = 2.36. A calculation from the official high yield of 5.441 percent and the official November 13 30-year par close of 5.47 percent shows a gap of 0.029 percentage point. The official November 12 30-year par close of 5.43 percent was 0.011 percentage point below that official high yield, also a calculation. The earlier article on the official 5.441 percent 30-year auction remains the place to read the auction itself. This article only places Friday’s official par closes next to those already published official high yields.

What the H.15 release dated November 13 does — and does not — show

The Federal Reserve Board’s H.15 selected interest rates release is posted on business days and carries its own release date. The release dated November 13, 2026, displays daily columns for November 6, November 9, November 10, November 11, and November 12 only. The November 11 column is marked with an asterisk and a footnote that says “Markets closed.” That blank column is official, and it matches the absence of a November 11 row on the Treasury par yield curve. The November 12 H.15 column is the last Treasury constant-maturity print on that release. It shows a 10-year nominal constant-maturity yield of 5.10 percent and a 30-year yield of 5.43 percent, which match the official November 12 Treasury par-curve closes of 5.10 percent and 5.43 percent. The same November 12 H.15 column shows a 2-year yield of 4.86 percent, a 3-year yield of 4.90 percent, a 5-year yield of 4.95 percent, a 7-year yield of 5.02 percent, and a 20-year yield of 5.48 percent, again matching the official November 12 Treasury par row. H.15 footnote 9 states that these constant-maturity yields are sourced from the U.S. Treasury. That footnote is why the November 12 figures line up. It is not permission to invent a November 13 H.15 column.

Other official H.15 cells through November 12 remain part of the documented backdrop and should be dated carefully. The effective federal funds rate is 3.88 percent on each displayed business day from November 6 through November 12, including the November 11 column. The bank prime loan rate is 7.00 percent, and the discount window primary credit rate is 4.00 percent, on each of those dates. This article does not invent a November 13 funds rate, prime rate, or discount rate. A calculation from official same-day H.15 cells on November 12 shows the 2-year constant-maturity yield of 4.86 percent was 0.98 percentage point above the 3.88 percent effective federal funds rate, and the 10-year yield of 5.10 percent was 1.22 percentage points above that funds rate. Those November 12 calculations are not extended to November 13, because the official funds rate for November 13 had not appeared on the H.15 release dated November 13.

The same H.15 table also publishes inflation-indexed constant-maturity yields through November 12 only. On November 12, the official figures are 2.64 percent for 5 years, 2.74 percent for 7 years, 2.86 percent for 10 years, 3.11 percent for 20 years, 3.24 percent for 30 years, and 3.24 percent for the inflation-indexed long-term average. A calculation from the official November 12 H.15 10-year nominal yield of 5.10 percent and the official November 12 10-year inflation-indexed yield of 2.86 percent produces a 2.24 percentage point gap. This article does not compute a November 13 version of that gap, because there is no official November 13 H.15 inflation-indexed column and the Treasury par-yield extract used here is the nominal coupon curve, not a TIPS par curve. Readers who want a method for navigating the H.15 layout, including holiday blanks, can use the earlier guide on how to read the Fed’s H.15 yield table after CPI week and a bond holiday. That guide is not rewritten here, and it could not have included a November 13 Treasury column that the later H.15 release still does not show.

The official October PPI, on the same date, as context only

The Bureau of Labor Statistics reported in USDL 26-1687 that the Producer Price Index for final demand rose 0.3 percent in October, seasonally adjusted, after 1.4 percent in September and 0.4 percent in August. On an unadjusted basis, the index for final demand increased 6.5 percent for the 12 months ended in October, the largest 12-month rise since 7.4 percent in November 2022. Final demand goods rose 0.5 percent, final demand services rose 0.2 percent, and final demand less foods, energy, and trade services rose 0.5 percent, matching September, and was up 4.9 percent over 12 months. A broader official grouping, final demand less foods and energy, rose 0.3 percent in October and 5.0 percent over 12 months. Those official PPI cells are the same-day macro print that sits next to the official 5.15 percent 10-year close. They are not, in this article, a proven causal explanation of the 0.05 percentage point calculated increase from Thursday’s official 5.10 percent close.

The official October CPI, released three days earlier at 8:30 a.m. Eastern Time on November 10 in USDL-26-1685, showed the CPI-U up 0.4 percent seasonally adjusted after 0.6 percent in September, with food up 0.5 percent, energy up 0.7 percent, and all items less food and energy up 0.3 percent. The Bureau could not publish most October 2026 12-month CPI percent changes because it did not collect October 2025 survey data during a lapse in appropriations. The official 10-year par yield rose from 4.88 percent on November 9 to 4.98 percent on November 10, then to 5.10 percent on November 12 and 5.15 percent on November 13, all official Treasury cells. That path began before Friday’s PPI release and continued after the official CPI print. A CNBC report on the October PPI said Treasury yields were mixed after the release and that stock-market futures added to gains. That sentence is attributed secondary market color, not an official yield table, and this article does not invent equity or bitcoin closes to stand beside the official Treasury row.

The official Federal Open Market Committee calendar, last updated November 12, 2026, lists the next scheduled meeting as December 8-9, 2026, a meeting associated with a Summary of Economic Projections. The October 27-28 meeting has a statement, an implementation note, and a press conference listed, but minutes are not listed as released. The official rule on that calendar is that minutes of regularly scheduled meetings are released three weeks after the date of the policy decision. This article does not invent a minutes clock time, does not treat the December meeting as completed, and does not claim that the Federal Reserve will change the target range at that meeting. The official H.15 effective federal funds rate of 3.88 percent through November 12 remains the latest official daily funds print on the November 13 H.15 release. The next official PPI news release, covering November 2026, is scheduled for Tuesday, December 15, 2026, at 8:30 a.m. Eastern Time, and is unreleased.

How to keep the official sources straight

Three official documents are easy to mix after a data-heavy week, and Friday’s file is a good reminder to keep them in separate columns. The Treasury daily par yield curve is the source of the official November 13 coupon closes, including the 5.15 percent 10-year yield. The Fiscal Service auction results PDFs are the source of the official November 10 10-year high yield of 5.020 percent and the official November 12 30-year high yield of 5.441 percent. The H.15 release is the source of the official daily funds rate, prime rate, discount rate, and inflation-indexed constant-maturity yields through November 12, and of the November 12 nominal constant-maturity yields that match the Treasury par row for that date. When those documents disagree in coverage — most importantly, when H.15 has no November 13 Treasury column — the correct official move is to say so, not to fill the blank. When a figure is a difference between two official cells, including a 0.05 percentage point change in the 10-year yield or a 0.13 percentage point gap between the 10-year auction high yield and Friday’s par close, the correct official move is to label it as a calculation.

The same discipline applies to the PPI. USDL 26-1687 is the official source for the 0.3 percent monthly final-demand increase and the 6.5 percent 12-month increase. A Dow Jones consensus figure reported by a secondary news outlet is not an official Bureau number and is not an official Treasury number. An H.15 print should not be used as a November 13 Treasury close, and a Treasury par close should not be described as an H.15 November 13 constant-maturity yield. Those are source rules, not market forecasts, and they are the reason this article can record a 5.15 percent official 10-year close without inventing a Federal Reserve table that has not yet published that date.

Frequently asked questions

What is the official November 13 10-year Treasury yield?

The official U.S. Treasury daily par yield curve lists a November 13, 2026, 10-year yield of 5.15 percent. That is up from official closes of 5.10 percent on November 12 and 4.98 percent on November 10. There is no official November 11 coupon row, because November 11 was Veterans Day.

Did the official 30-year yield also rise?

Yes. The official November 13 30-year par yield was 5.47 percent, up from 5.43 percent on November 12 and 5.35 percent on November 10. The official November 13 20-year yield was 5.52 percent, which remained 0.05 percentage point above the 30-year yield, a calculation from official cells that also held on November 12.

Is there an official H.15 yield for November 13?

No. The H.15 release dated November 13, 2026, still ends its daily columns on November 12, when it shows a 10-year constant-maturity yield of 5.10 percent and a 30-year yield of 5.43 percent. The November 11 column is marked “Markets closed.” This article does not invent an H.15 November 13 print.

How do Friday’s par closes compare with the official refunding auctions?

The official November 10 10-year note auction stopped at a high yield of 5.020 percent on a $42 billion offering, with an official bid-to-cover ratio of 2.46. The official November 12 30-year bond auction stopped at a high yield of 5.441 percent on a $25 billion offering, with an official bid-to-cover ratio of 2.36. A calculation puts the official November 13 10-year par close 0.13 percentage point above the 10-year high yield, and the official November 13 30-year par close 0.029 percentage point above the 30-year high yield. Those gaps are not unofficial when-issued tails.

Did the official October PPI cause the move to 5.15 percent?

This article does not make that claim. The official PPI for final demand rose 0.3 percent in October, with a 6.5 percent 12-month increase, and was released the same day as the official 5.15 percent 10-year close. The official 10-year yield had already risen from 4.88 percent on November 9 to 4.98 percent on November 10 and 5.10 percent on November 12, before Friday’s PPI release. Same-day timing is official context, not proven causation.

What official policy dates remain ahead?

The official Federal Open Market Committee calendar lists the next scheduled meeting as December 8-9, 2026, with a Summary of Economic Projections. Minutes of the October 27-28 meeting were not posted as released on the calendar as last updated November 12, 2026. The next official PPI release, for November 2026, is scheduled for December 15, 2026, at 8:30 a.m. Eastern Time, and is unreleased. This article does not treat a December rate decision as a fact.

Sources and research limits

Primary official sources for November 13 coupon yields are the U.S. Treasury daily par yield curve, 2026 table, at https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve&field_tdr_date_value=2026. Official auction results are the Bureau of the Fiscal Service immediate-release statements dated November 10, 2026, for the 10-year note, file R_20261110_1, at https://www.treasurydirect.gov/instit/annceresult/press/preanre/2026/R_20261110_1.pdf, and dated November 12, 2026, for the 30-year bond, file R_20261112_4, at https://www.treasurydirect.gov/instit/annceresult/press/preanre/2026/R_20261112_4.pdf. The H.15 selected interest rates release dated November 13, 2026, is at https://www.federalreserve.gov/releases/h15/. Official PPI figures are from USDL 26-1687 at https://www.bls.gov/news.release/ppi.nr0.htm. Official CPI figures are from USDL-26-1685 at https://www.bls.gov/news.release/cpi.nr0.htm. The Federal Open Market Committee calendar, last updated November 12, 2026, is at https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm. The sentence on mixed Treasury yields and futures after the PPI is attributed only to the CNBC report on the October PPI.

This article does not invent an H.15 November 13 Treasury, funds, or TIPS column; does not invent a November 11 Treasury coupon close; does not invent when-issued yields or unofficial auction tails; does not treat the official PPI as the proven cause of the official yield change; does not invent a headline CPI 12-month rate; does not treat minutes of the October 27-28 Federal Open Market Committee meeting, or any December 8-9 policy decision, as released facts; and does not invent equity or bitcoin prices. Day-to-day yield changes, curve spreads, and gaps between official auction high yields and later official par closes are labeled as calculations from official cells. The piece is not a rewrite of the November 12 5.10 percent close article, the 30-year auction article, or the H.15 educational guide, and it is not investment advice.

Disclaimer: This content was generated with the assistance of artificial intelligence (AI) and has been reviewed by our editorial team. It is intended for informational purposes only and should not be construed as financial, investment, or legal advice. Cryptocurrency investments involve significant risk.
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