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Factor · RATES · TREASURY_YIELD_10Y

US 10Y Treasury Yield, year-end 2026

Horizon Dec 31, 2026 (230 days)·4-model distribution·Repolled daily·Last update May 14, 2026

What will the US 10-year Treasury constant maturity yield be at the last Treasury market close of 2026?

3.65%crene p50

cross-model median

HIGHconfidence

spread ±0.34%

2.30% → 5.05%p5—p95 band

90% interval

Divergingmodels

width ±2.75%

The three supporting readings tell you how much weight to put on p50: confidence reflects cross-model spread relative to scale, the p5—p95 band shows the 90% interval each model collectively places, models shows whether the four agree on shape.

Latest distribution

p5
2.30%
p25
3.02%
p50
3.65%
p75
4.25%
p95
5.05%

Driver decomposition

Each driver carries its own cross-model distribution. Drivers explain movement in the anchor distribution; they do not generate it.

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Belief trajectory

Cross-model percentile distribution over time. Outer band p5—p95, inner band p25—p75, line p50. Repolled daily at 06:35 server time.

1.99%2.91%3.82%4.74%5.65%May 11May 11May 12May 12May 14

Per-model distributions

Each model forecasts the quintile distribution independently. The Crene aggregate is the median of each percentile across these four models.

Claude
claude-haiku-4-5-20251001
p5
2.80%
p25
3.40%
p50
3.85%
p75
4.30%
p95
5.10%
GPT-4o
gpt-4o-mini
p5
2.00%
p25
2.50%
p50
3.00%
p75
3.50%
p95
4.00%
Gemini
gemini-2.5-flash-lite
p5
2.50%
p25
3.25%
p50
3.80%
p75
4.40%
p95
5.50%
Grok
grok-4-fast-non-reasoning
p5
2.10%
p25
2.80%
p50
3.50%
p75
4.20%
p95
5.00%

Resolution

Resolved value is the constant maturity 10-year Treasury yield as reported on the H.15 release for the last trading day of calendar year 2026, in percent annualized.

Primary sourceFRBNY · h15.dgs10 · view
VerificationFRED · DGS10 · view