Covered Treasury Rate
US 5-Year Treasury Note
Treasury Note · 5 years
Current yield4.679%
Classification: Treasury yield
Provider: Yahoo Finance delayed market data (fallback)
Symbol: ^FVX
Historical chart
AI-Assisted Chart Analysis
US 5-Year Treasury Note technical analysis
Calculated from verified chart history for the selected tenor; no news or fundamental assumptions are used.
Mixed trend: the latest level is below its 20-period average, without full long-term confirmation.
RSI is 34, a neutral reading. Above 70 can signal extension; below 30 can signal exhaustion.
The first technical watch zone is 4.608%. A break below 4.351% invalidates the near-term support setup.
The first resistance/watch zone is 5.007%. A confirmed break above 5.089% supports continuation.
Annualized realized volatility is +34.2%. Maximum lookback drawdown is -31.4%, from a high-water mark of 4.961% to 3.405%.
Potential levels are conditional chart scenarios, not personalized advice or instructions to buy or sell.
Current signal
- The US 5-Year Treasury Note yield is currently observed at 4.648% as of November 6, 2026.
- Market data indicates a daily increase of approximately 4.0 basis points, reflecting immediate session volatility.
- The yield remains within a broader context of a 37.3 basis point decline over the past month, suggesting a cooling trend despite the recent daily uptick.
What changed
- The 5-Year yield rose by 4.0 basis points in the latest session, reversing a portion of the recent downward momentum.
- On a weekly basis, the yield has contracted by 7.3 basis points, indicating a net easing of yield pressure over the last seven days.
- Year-to-date, the 5-Year note has experienced a significant yield expansion of 92.6 basis points, highlighting a sustained higher-rate environment compared to the start of the year.
Why it matters
- The 5-Year Treasury yield serves as a critical benchmark for intermediate-term corporate borrowing costs and consumer lending rates, including auto loans.
- The divergence between the monthly decline (-37.3 bps) and the year-to-date increase (+92.6 bps) underscores a volatile transition period for duration-sensitive assets.
- Investors monitor these shifts to gauge market expectations for the neutral rate and the Federal Reserve's policy trajectory, as intermediate tenors are highly sensitive to policy path adjustments.
Bullish rate drivers
- The 92.6 basis point increase year-to-date reflects a market that has priced in a higher-for-longer interest rate environment throughout 2026.
- The recent daily increase of 4.0 basis points suggests a potential stabilization or pause in the aggressive downward trend observed over the past month.
Bearish rate drivers
- The 37.3 basis point decline over the past month indicates a significant shift in market sentiment, potentially reflecting expectations of future policy easing or economic cooling.
- The weekly contraction of 7.3 basis points suggests that the recent downward trend in yields remains intact despite the minor daily reversal.
Key catalysts
- Future Federal Reserve policy decisions and communications remain the primary drivers for intermediate Treasury yield adjustments.
- Official economic releases regarding inflation, employment, and growth metrics will dictate the market's assessment of the appropriate yield level for the 5-year tenor.
Key risks
- Unexpected shifts in US Treasury issuance volumes could disrupt the current supply-demand balance for intermediate notes.
- Divergence between market-implied policy paths and actual Federal Reserve actions poses a risk of sudden repricing in the 5-year segment.
Upcoming events
- Market participants are monitoring upcoming official Federal Reserve communications for guidance on the terminal rate.
- Scheduled US Treasury auctions will be monitored for demand signals, which influence the yield trajectory for the 5-year note.
Latest verified updates
- As of November 6, 2026, the 5-Year Treasury yield is 4.648%, with a daily change of +4.0 bps.
- MarketWatch reports provide overview data for the 2-year, 3-year, 10-year, and 30-year Treasury notes, confirming the broader fixed-income landscape as of November 6, 2026.
Sources
Yahoo Finance delayed market data (fallback)
- U.S. TreasuryOfficialofficial yields, auctions, and issuance
- Federal ReserveOfficialofficial policy decisions and communications
- FREDOfficialofficial economic and rate time series
- New York FedOfficialSOFR and money-market reference rates
- CME FedWatchAnalyst Opinionmarket-implied policy probabilities
- FINRA TRACEOfficialfixed-income transaction context
- Reuters RatesReportedprofessional rates and bond reporting
- Trading EconomicsReportedmarket yield observation fallback
- PIMCOAnalyst Opinionprofessional duration and macro opinion
- BlackRockAnalyst Opinionprofessional macro and fixed-income opinion
- Public market discussionSocial Signalunverified rates sentiment and claims requiring confirmation
Last updated: 2026-11-09