Treasury
3-MO 4.21% -1bp 6-MO 4.28% -2bp 1-YR 4.46% -1bp 2-YR 4.79% -5bp 3-YR 4.88% -9bp 5-YR 5.03% -3bp 7-YR 5.15% -4bp 10-YR 5.27% -4bp 20-YR 5.68% -2bp 30-YR 5.64% -2bp 3-MO 4.21% -1bp 6-MO 4.28% -2bp 1-YR 4.46% -1bp 2-YR 4.79% -5bp 3-YR 4.88% -9bp 5-YR 5.03% -3bp 7-YR 5.15% -4bp 10-YR 5.27% -4bp 20-YR 5.68% -2bp 30-YR 5.64% -2bp 3-MO 4.21% -1bp 6-MO 4.28% -2bp 1-YR 4.46% -1bp 2-YR 4.79% -5bp 3-YR 4.88% -9bp 5-YR 5.03% -3bp 7-YR 5.15% -4bp 10-YR 5.27% -4bp 20-YR 5.68% -2bp 30-YR 5.64% -2bp 3-MO 4.21% -1bp 6-MO 4.28% -2bp 1-YR 4.46% -1bp 2-YR 4.79% -5bp 3-YR 4.88% -9bp 5-YR 5.03% -3bp 7-YR 5.15% -4bp 10-YR 5.27% -4bp 20-YR 5.68% -2bp 30-YR 5.64% -2bp 3-MO 4.21% -1bp 6-MO 4.28% -2bp 1-YR 4.46% -1bp 2-YR 4.79% -5bp 3-YR 4.88% -9bp 5-YR 5.03% -3bp 7-YR 5.15% -4bp 10-YR 5.27% -4bp 20-YR 5.68% -2bp 30-YR 5.64% -2bp 3-MO 4.21% -1bp 6-MO 4.28% -2bp 1-YR 4.46% -1bp 2-YR 4.79% -5bp 3-YR 4.88% -9bp 5-YR 5.03% -3bp 7-YR 5.15% -4bp 10-YR 5.27% -4bp 20-YR 5.68% -2bp 30-YR 5.64% -2bp
US Treasury par yield curve · Oct 6 · Source: U.S. Treasury
Tuesday, October 6, 2026
U.S. Edition
MONEY & WORLD
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Monetary policy

Ueda says the Bank of Japan will keep raising rates as inflation nears 2%

Money & World
The Editorial Team ·
The historic Bank of Japan head office in Tokyo stands between modern office buildings.
Photo: katorisi / Wikimedia Commons (CC BY-SA 3.0)

Bank of Japan Governor Kazuo Ueda said Tuesday the bank will keep raising its policy rate if the economy and prices develop as projected.

The bank raised the rate to about 1.25% last month. Ueda said real interest rates remain low at short and medium maturities, lending conditions are accommodative and underlying inflation is approaching the 2% target.

The risk balance has changed.

Ueda pointed to Middle East tensions, global demand for AI-related goods and foreign-exchange moves. He said the risk of underlying inflation overshooting 2% and damaging the economy deserves more attention than before.

The timing and pace of further increases will depend on how likely the bank's baseline outlook remains and on surrounding risks.

The document: Bank of Japan, Governor Ueda speech on economic conditions and monetary policy, October 6, 2026.

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