Stock Signal Lab
Euro area yield curve today
Data as of Oct 27, 2026
4.02 % 10Y
10-year minus 3-month: +1.27 percentage points (normal curve).
| Maturity | Today | 1 month ago | 1 year ago |
|---|---|---|---|
| 3M | 2.75 % | 2.62 % | 2.00 % |
| 6M | 2.87 % | 2.84 % | 1.99 % |
| 1Y | 3.04 % | 3.12 % | 1.98 % |
| 2Y | 3.25 % | 3.37 % | 2.04 % |
| 5Y | 3.59 % | 3.67 % | 2.48 % |
| 10Y | 4.02 % | 4.11 % | 3.16 % |
| 30Y | 4.38 % | 4.42 % | 3.84 % |
What it is
The euro area curve, published by the ECB, shows what euro governments pay on average to borrow at each maturity.
How to read it
An upward-sloping curve is normal; if short maturities pay more than long ones, the curve is inverted. It is compared with a month and a year ago to see where it is moving.
Frequently asked questions
Which curve is this?
The euro area government bond curve the ECB computes from the bonds of all euro countries.
How does it differ from Spain's curve?
Spain's includes the Spanish risk premium; this one is a euro-area average.
What moves short-term euro yields?
Mainly the European Central Bank's policy rates.
See the detail on Stock Signal Lab →