Risk and sentiment
US 7Y Treasury
The 7-year US Treasury yield from the official daily curve. Sitting between the 5- and 10-year, it is the corridor through which curve-shape changes pass, and a tenor notorious for soft auction demand — a useful read on Treasury supply-demand temperature.
US 7Y Treasury latest observations
- Observed
- 2026-10-27
- Latest
- 4.91 %
- Change from previous
- 0.00 pp
Check the observation dates in both the summary and chart; release and refresh times can differ.
At a glance
US 7Y Treasury: latest value and prior change
As of 2026-10-26, US 7Y Treasury is 4.91 %. It is 0.02 pp higher than 4.89 % on 2026-10-23.
Within the default comparison window of 1,000 observations from 2022-10-25 to 2026-10-26, the latest value is at the tie-adjusted 97th percentile. Available history covers 1990-01-02 to 2026-10-26 with 9,210 observations.
- Observed on
- Default comparison window
- 2022-10-25–2026-10-26
- Observations · observed cadence
- 1,000 · Daily
- Data source
- US Treasury
A high or low percentile does not by itself make the indicator positive, negative, or a buy or sell signal.
2026-07-31 → 2026-10-26 · %
- First
- 4.59 %
- 2026-07-31
- Latest
- 4.91 %
- 2026-10-26
- Window low
- 4.47 %
- 2026-08-04
- Window high
- 5.19 %
- 2026-09-30
The horizontal axis follows observation order; calendar intervals may differ. High and low refer to observed values within this window, not intraday or all-time extremes. Ties show the first observation date.
Time-series chart
US 7Y Treasury
1990-01-02–2026-10-26
Long-history series are stored as real provider observations. Index, FX, VIX, and ratio charts use historical backfill where providers expose it; Korean investor flow and margin-credit feeds expand as stable historical endpoints become available.
Recent observations and calculated changes
The ten latest chart observations. Change subtracts the previous observation; intervals vary with holidays, release schedules and missing data. A difference in rates or ratios is not an investment return.
| Observed | Value | Previous date | Difference (current − previous) |
|---|---|---|---|
| 2026-10-26 | 4.91 % | 2026-10-23 | 0.02 %p |
| 2026-10-23 | 4.89 % | 2026-10-22 | 0.03 %p |
| 2026-10-22 | 4.86 % | 2026-10-21 | -0.17 %p |
| 2026-10-21 | 5.03 % | 2026-10-20 | 0.01 %p |
| 2026-10-20 | 5.02 % | 2026-10-19 | -0.02 %p |
| 2026-10-19 | 5.04 % | 2026-10-16 | 0.06 %p |
| 2026-10-16 | 4.98 % | 2026-10-15 | -0.02 %p |
| 2026-10-15 | 5.00 % | 2026-10-14 | -0.09 %p |
| 2026-10-14 | 5.09 % | 2026-10-13 | -0.02 %p |
| 2026-10-13 | 5.11 % | 2026-10-09 | -0.02 %p |
Source: US Treasury
Interpretation guide
The US 7-year yield: the corridor where the curve bends
The 7-year sits between the 5- and 10-year — after the policy-dominated belly, before term premium fully loads. Curve-shape changes pass through this corridor, and the tenor is notorious for soft auction demand, making it a sensitive thermometer of Treasury supply-demand.
What it means
Traditional buyers — banks, pensions — cluster at 5s and 10s, leaving the 7-year an 'orphan tenor.' When overall demand weakens, 7-year auctions sour first; the February 2021 7-year auction shock showed it can trigger stress across the whole bond market.
- A weak 7-year auction (widening tails) is an early sign that Treasury demand is cooling broadly.
- Relative moves across 5s, 7s, and 10s separate policy-driven curve changes from supply-driven ones.
- The 7-year cheapening notably versus neighbors marks a supply-indigestion phase.
Interpretation rules
The 7-year level itself tracks 5s and 10s closely, so the information lives in fine relative value. In butterfly terms, how much the 7-year cheapens versus the 5s-10s average reflects the market's capacity to absorb risk.
- Deepening 7-year relative weakness signals dealer-inventory strain and poor absorption.
- Shifts in the Fed's QT pace tend to show up in this sector's relative value first.
- On parallel-shift days the 7-year says little; on reshaping days it says the most.
The link to the Korean market
US intermediate-long yields are part of the sector most correlated with Korea's 10-year, so read the 7-year alongside the 10-year for Korean long-rate direction. Watch whether supply-driven US yield rises start at the 7-year and spread outward.
- Supply-driven US 7-year rises translate into external upward pressure on Korean 10-year yields.
- Korean long-bond volatility tends to rise in heavy US auction weeks.
- Map policy-led declines (5-year-led) versus supply-led ones (7-year-and-out-led) onto the Korean curve.