Long bond yields at multi-decade highs on three continents
The US 30-year Treasury yield closed at 5.31% on August 17, its highest since June 12, 2007 (5.35%). The German 10-year Bund yield reached 3.28% on August 18, its highest since May 5, 2011 (3.41%). Japan’s 10-year JGB yield closed at 2.92% on August 17, its highest since September 27, 1996 (2.98%). Three of the world’s largest government bond markets are pricing long-term money at levels last seen fifteen, nineteen and thirty years ago.
The chart mixes maturities on purpose: the US leg is the 30-year because that is where the American record sits, while the German and Japanese legs are the 10-year benchmarks each central bank and finance ministry publishes daily. The German series is monthly OECD data before August 1997 and daily Bundesbank data after; the Japanese series is the Ministry of Finance par-yield curve throughout. Multi-decade highs describe the level; they say nothing about the direction from here.
Global 10-Year Yields — 30 countries, updated daily, with the country pages for Japan and Germany
This chart is a frozen capture — the numbers above are as of Aug 17–18, 2026 (FRED, Bundesbank, Japan MOF) and will not update. The live page recomputes daily from the same dataset. A square version of this chart is available for feeds that crop landscape images.
