Treasury
3-MO 4.12% -2bp 6-MO 4.20% -2bp 1-YR 4.40% -5bp 2-YR 4.67% -7bp 3-YR 4.75% -7bp 5-YR 4.78% -8bp 7-YR 4.86% -8bp 10-YR 4.94% -7bp 20-YR 5.32% -7bp 30-YR 5.29% -6bp 3-MO 4.12% -2bp 6-MO 4.20% -2bp 1-YR 4.40% -5bp 2-YR 4.67% -7bp 3-YR 4.75% -7bp 5-YR 4.78% -8bp 7-YR 4.86% -8bp 10-YR 4.94% -7bp 20-YR 5.32% -7bp 30-YR 5.29% -6bp 3-MO 4.12% -2bp 6-MO 4.20% -2bp 1-YR 4.40% -5bp 2-YR 4.67% -7bp 3-YR 4.75% -7bp 5-YR 4.78% -8bp 7-YR 4.86% -8bp 10-YR 4.94% -7bp 20-YR 5.32% -7bp 30-YR 5.29% -6bp 3-MO 4.12% -2bp 6-MO 4.20% -2bp 1-YR 4.40% -5bp 2-YR 4.67% -7bp 3-YR 4.75% -7bp 5-YR 4.78% -8bp 7-YR 4.86% -8bp 10-YR 4.94% -7bp 20-YR 5.32% -7bp 30-YR 5.29% -6bp 3-MO 4.12% -2bp 6-MO 4.20% -2bp 1-YR 4.40% -5bp 2-YR 4.67% -7bp 3-YR 4.75% -7bp 5-YR 4.78% -8bp 7-YR 4.86% -8bp 10-YR 4.94% -7bp 20-YR 5.32% -7bp 30-YR 5.29% -6bp 3-MO 4.12% -2bp 6-MO 4.20% -2bp 1-YR 4.40% -5bp 2-YR 4.67% -7bp 3-YR 4.75% -7bp 5-YR 4.78% -8bp 7-YR 4.86% -8bp 10-YR 4.94% -7bp 20-YR 5.32% -7bp 30-YR 5.29% -6bp
US Treasury par yield curve · Sep 17 · Source: U.S. Treasury
Friday, September 18, 2026
U.S. Edition
Nonexistent credits

IRS says Tribal Tax Credits do not exist and may bring penalties

The limestone side wall of the Internal Revenue Service Building in Washington recedes beside an empty path.
Photo: Carol M. Highsmith / Wikimedia Commons (Public domain)

Federal tax credits marketed as Tribal Tax Credits, Native American Tax Credits or Sovereign Tribal Tax Credits do not exist, the IRS said Friday. Promoters claim buyers can reduce federal tax or generate refunds.

IR-2026-112 says neither tribal ownership, interagency agreements, executive orders nor section 45D creates the advertised credit. Federal transfer rules apply only to specified clean-energy credits.

Return acceptance is not approval. The IRS says filers remain responsible for their returns and may owe tax, penalties and interest. Suspected promotions can be reported on Form 14242.