September 9, 2026 · last fitted close

5 year US Treasury rate

The zero-coupon rate at this maturity, fitted from the cashflow schedules of the securities outstanding on each day.

Rate
4.575%
+4.2 bp on the day

Where it sits in 18 years

4.575% today
0.216% low · Aug 4, 20204.893% high · Oct 19, 2023

Todays rate is higher than 99.1% of the 4,508 trading days fitted since September 2, 2008. That is a count of days, not a position on the scale above: a rate can sit near the top of its range while only a few days ever reached it.

The real 5 year yield on the same day is 2.123%, so the market is pricing roughly 2.452% of inflation compensation at this maturity. That is a price, not a forecast.

Every month since September 2, 2008

0%1%2%3%4%5%Sep 30, 2008Sep 9, 2026Sep 30, 20085 year rate2.991%Oct 31, 20085 year rate2.850%Nov 28, 20085 year rate1.936%Dec 31, 20085 year rate1.546%Jan 30, 20095 year rate1.988%Feb 27, 20095 year rate2.127%Mar 31, 20095 year rate1.752%Apr 30, 20095 year rate2.124%May 29, 20095 year rate2.353%Jun 30, 20095 year rate2.591%Jul 31, 20095 year rate2.566%Aug 31, 20095 year rate2.436%Sep 30, 20095 year rate2.347%Oct 30, 20095 year rate2.362%Nov 30, 20095 year rate2.027%Dec 31, 20095 year rate2.687%Jan 29, 20105 year rate2.389%Feb 26, 20105 year rate2.344%Mar 31, 20105 year rate2.602%Apr 30, 20105 year rate2.473%May 31, 20105 year rate2.170%Jun 30, 20105 year rate1.828%Jul 30, 20105 year rate1.649%Aug 31, 20105 year rate1.381%Sep 30, 20105 year rate1.326%Oct 29, 20105 year rate1.233%Nov 30, 20105 year rate1.485%Dec 31, 20105 year rate2.002%Jan 31, 20115 year rate1.956%Feb 28, 20115 year rate2.147%Mar 31, 20115 year rate2.247%Apr 29, 20115 year rate1.975%May 31, 20115 year rate1.672%Jun 30, 20115 year rate1.756%Jul 29, 20115 year rate1.355%Aug 31, 20115 year rate0.974%Sep 30, 20115 year rate0.956%Oct 31, 20115 year rate1.023%Nov 30, 20115 year rate0.989%Dec 30, 20115 year rate0.883%Jan 31, 20125 year rate0.748%Feb 29, 20125 year rate0.910%Mar 30, 20125 year rate1.088%Apr 30, 20125 year rate0.861%May 31, 20125 year rate0.705%Jun 29, 20125 year rate0.762%Jul 31, 20125 year rate0.631%Aug 31, 20125 year rate0.638%Sep 28, 20125 year rate0.659%Oct 31, 20125 year rate0.758%Nov 30, 20125 year rate0.651%Dec 31, 20125 year rate0.760%Jan 31, 20135 year rate0.900%Feb 28, 20135 year rate0.792%Mar 28, 20135 year rate0.792%Apr 30, 20135 year rate0.693%May 31, 20135 year rate1.055%Jun 28, 20135 year rate1.407%Jul 31, 20135 year rate1.387%Aug 30, 20135 year rate1.652%Sep 30, 20135 year rate1.427%Oct 31, 20135 year rate1.348%Nov 29, 20135 year rate1.400%Dec 31, 20135 year rate1.758%Jan 31, 20145 year rate1.539%Feb 28, 20145 year rate1.545%Mar 31, 20145 year rate1.756%Apr 30, 20145 year rate1.714%May 30, 20145 year rate1.559%Jun 30, 20145 year rate1.641%Jul 31, 20145 year rate1.802%Aug 29, 20145 year rate1.654%Sep 30, 20145 year rate1.818%Oct 31, 20145 year rate1.658%Nov 28, 20145 year rate1.522%Dec 31, 20145 year rate1.687%Jan 30, 20155 year rate1.222%Feb 27, 20155 year rate1.543%Mar 31, 20155 year rate1.408%Apr 30, 20155 year rate1.468%May 29, 20155 year rate1.520%Jun 30, 20155 year rate1.671%Jul 31, 20155 year rate1.592%Aug 31, 20155 year rate1.620%Sep 30, 20155 year rate1.425%Oct 30, 20155 year rate1.580%Nov 30, 20155 year rate1.701%Dec 31, 20155 year rate1.797%Jan 29, 20165 year rate1.384%Feb 29, 20165 year rate1.276%Mar 31, 20165 year rate1.256%Apr 29, 20165 year rate1.315%May 31, 20165 year rate1.404%Jun 30, 20165 year rate1.035%Jul 29, 20165 year rate1.054%Aug 31, 20165 year rate1.233%Sep 30, 20165 year rate1.185%Oct 31, 20165 year rate1.356%Nov 30, 20165 year rate1.898%Dec 30, 20165 year rate1.974%Jan 31, 20175 year rate1.957%Feb 28, 20175 year rate1.939%Mar 31, 20175 year rate1.961%Apr 28, 20175 year rate1.842%May 31, 20175 year rate1.783%Jun 30, 20175 year rate1.897%Jul 31, 20175 year rate1.850%Aug 31, 20175 year rate1.723%Sep 29, 20175 year rate1.936%Oct 31, 20175 year rate2.016%Nov 30, 20175 year rate2.135%Dec 29, 20175 year rate2.178%Jan 31, 20185 year rate2.517%Feb 28, 20185 year rate2.658%Mar 29, 20185 year rate2.553%Apr 30, 20185 year rate2.791%May 31, 20185 year rate2.679%Jun 29, 20185 year rate2.731%Jul 31, 20185 year rate2.843%Aug 31, 20185 year rate2.746%Sep 28, 20185 year rate2.947%Oct 31, 20185 year rate2.987%Nov 30, 20185 year rate2.848%Dec 31, 20185 year rate2.497%Jan 31, 20195 year rate2.433%Feb 28, 20195 year rate2.537%Mar 29, 20195 year rate2.240%Apr 30, 20195 year rate2.287%May 31, 20195 year rate1.936%Jun 28, 20195 year rate1.766%Jul 31, 20195 year rate1.841%Aug 30, 20195 year rate1.394%Sep 30, 20195 year rate1.558%Oct 31, 20195 year rate1.529%Nov 29, 20195 year rate1.645%Dec 31, 20195 year rate1.707%Jan 31, 20205 year rate1.321%Feb 28, 20205 year rate0.912%Mar 31, 20205 year rate0.447%Apr 30, 20205 year rate0.400%May 29, 20205 year rate0.330%Jun 30, 20205 year rate0.315%Jul 31, 20205 year rate0.238%Aug 31, 20205 year rate0.308%Sep 30, 20205 year rate0.297%Oct 30, 20205 year rate0.412%Nov 30, 20205 year rate0.393%Dec 31, 20205 year rate0.384%Jan 29, 20215 year rate0.478%Feb 26, 20215 year rate0.765%Mar 31, 20215 year rate0.944%Apr 30, 20215 year rate0.881%May 28, 20215 year rate0.808%Jun 30, 20215 year rate0.882%Jul 30, 20215 year rate0.708%Aug 31, 20215 year rate0.784%Sep 30, 20215 year rate0.994%Oct 29, 20215 year rate1.184%Nov 30, 20215 year rate1.154%Dec 31, 20215 year rate1.266%Jan 31, 20225 year rate1.640%Feb 28, 20225 year rate1.757%Mar 31, 20225 year rate2.461%Apr 29, 20225 year rate2.941%May 31, 20225 year rate2.843%Jun 30, 20225 year rate3.010%Jul 29, 20225 year rate2.709%Aug 31, 20225 year rate3.311%Sep 30, 20225 year rate4.057%Oct 31, 20225 year rate4.239%Nov 30, 20225 year rate3.796%Dec 30, 20225 year rate3.966%Jan 31, 20235 year rate3.581%Feb 28, 20235 year rate4.113%Mar 31, 20235 year rate3.569%Apr 28, 20235 year rate3.476%May 31, 20235 year rate3.702%Jun 30, 20235 year rate4.046%Jul 31, 20235 year rate4.112%Aug 31, 20235 year rate4.185%Sep 29, 20235 year rate4.556%Oct 31, 20235 year rate4.779%Nov 30, 20235 year rate4.278%Dec 29, 20235 year rate3.827%Jan 31, 20245 year rate3.880%Feb 29, 20245 year rate4.214%Mar 29, 20245 year rate4.170%Apr 30, 20245 year rate4.670%May 31, 20245 year rate4.464%Jun 28, 20245 year rate4.287%Jul 31, 20245 year rate3.924%Aug 30, 20245 year rate3.709%Sep 30, 20245 year rate3.571%Oct 31, 20245 year rate4.127%Nov 29, 20245 year rate4.026%Dec 31, 20245 year rate4.365%Jan 31, 20255 year rate4.345%Feb 28, 20255 year rate4.017%Mar 31, 20255 year rate3.939%Apr 30, 20255 year rate3.711%May 30, 20255 year rate3.950%Jun 30, 20255 year rate3.773%Jul 31, 20255 year rate3.928%Aug 29, 20255 year rate3.678%Sep 30, 20255 year rate3.724%Oct 31, 20255 year rate3.693%Nov 28, 20255 year rate3.577%Dec 31, 20255 year rate3.704%Jan 30, 20265 year rate3.791%Feb 27, 20265 year rate3.507%Mar 31, 20265 year rate3.914%Apr 30, 20265 year rate4.009%May 29, 20265 year rate4.124%Jun 30, 20265 year rate4.160%Jul 31, 20265 year rate4.422%Aug 31, 20265 year rate4.461%Sep 9, 20265 year rate4.575%

217 month ends. The high, low, mean and percentile above are computed over all 4,508 fitted days, not over these 217 points. Mean across the whole history is 2.167%.

The last 30 trading days

The 5 year US Treasury rate on each of the last 30 fitted trading days.
DateRate
Sep 9, 20264.575%
Sep 8, 20264.533%
Sep 4, 20264.511%
Sep 3, 20264.482%
Sep 2, 20264.512%
Sep 1, 20264.515%
Aug 31, 20264.461%
Aug 28, 20264.450%
Aug 27, 20264.364%
Aug 26, 20264.349%
Aug 25, 20264.318%
Aug 24, 20264.380%
Aug 21, 20264.398%
Aug 20, 20264.358%
Aug 19, 20264.320%
Aug 18, 20264.345%
Aug 17, 20264.351%
Aug 14, 20264.337%
Aug 13, 20264.295%
Aug 12, 20264.349%
Aug 11, 20264.369%
Aug 10, 20264.385%
Aug 7, 20264.322%
Aug 6, 20264.368%
Aug 5, 20264.305%
Aug 4, 20264.306%
Aug 3, 20264.372%
Jul 31, 20264.422%
Jul 30, 20264.356%
Jul 29, 20264.349%

Each date links to every family fitted on that day.

The other key rates

Index levels before September 30, 2026 are back-tested. They were computed after the fact by applying the rules to historical data, which benefits from hindsight in the choice of rules, and an index cannot be invested in directly. Methodology v1.0 takes effect at that rebalance, when levels begin to be struck on the day; the rulebook is identical either way, and the version is published on every row.

A fitted curve is a fit, not a quote. Daily error averages 3.8 basis points across the history and reaches about 20 on the worst days, in December 2008, when the market was genuinely hard to fit one smooth curve to. Every curve page publishes its own fit error rather than burying it.

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Safe Rate™, Safe Rate Indices™ and the Safe Rate US Treasury Index™ are trademarks of Safe Rate, claimed through use in commerce and not registered. Third-party marks are the property of their owners, which are not affiliated with and do not endorse this data.

Curves are fitted from public Treasury data and carry fit error; figures are not a record of trading, and an index cannot be invested in directly. No claim of compliance with the IOSCO Principles for Financial Benchmarks is made or implied. Not investment advice, not an offer, and not a recommendation to buy or sell any security.