Ten-Year Treasury Constant Maturity Rate

The Ten-Year Treasury Constant Maturity Rate reflects notes with a maturity of ten years at original issuance. Interest rates are important for the bond market and give signals about expectations for the economy and inflation. In the case of the ten-year rate, this reflects long-term expectations and tends to be somewhat more stable than short-term rates:

And, here are additional charts of that metric on a change basis:

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