5-Year Treasury Yield under Donald Trump (second term)
5-Year Treasury Yield went from 4.4% in Donald Trump (second term)'s first month to 4.9% at month 22 (the latest reading): a change of +0.5 pts. At that point in office it ranks #5 of 10 administrations since 1969. Official data from the Federal Reserve.
All administrations at month 22
| Rank | Administration | Value at month 22 | Change since month 1 | Latest / end of month 48 | Primary federal source |
|---|---|---|---|---|---|
| #1 | Barack Obama | 1.2% | −0.4 pts | 0.7% (month 48) | Federal Reserve · GS5 |
| #2 | George W. Bush | 3.0% | −1.9 pts | 3.6% (month 48) | Federal Reserve · GS5 |
| #3 | Donald Trump (first term) | 3.0% | +1.1 pts | 0.4% (month 48) | Federal Reserve · GS5 |
| #4 | Joe Biden | 4.2% | +3.7 pts | 4.3% (month 48) | Federal Reserve · GS5 |
| #5 | Donald Trump (second term) · in office | 4.9% | +0.5 pts | 4.9% (month 22) | Federal Reserve · GS5 |
| #6 | Richard Nixon | 7.1% | +0.9 pts | 6.2% (month 48) | Federal Reserve · GS5 |
| #7 | Bill Clinton | 7.4% | +1.6 pts | 6.1% (month 48) | Federal Reserve · GS5 |
| #8 | George H. W. Bush | 8.3% | −0.8 pts | 6.1% (month 48) | Federal Reserve · GS5 |
| #9 | Jimmy Carter | 8.6% | +2.0 pts | 13.3% (month 48) | Federal Reserve · GS5 |
| #10 | Ronald Reagan | 10.8% | −2.0 pts | 11.1% (month 48) | Federal Reserve · GS5 |
Methodology and source verification
Monthly average of the 5-year constant-maturity Treasury yield (Federal Reserve H.15).
Every administration is aligned to its own inauguration: month 1 is the month it took office, and the comparison runs to month 48 (the first term). Each administration is compared at the same month in office, so a president halfway through a term is never measured against another's full four years.
Primary source: Federal Reserve. Retrieved from the Federal Reserve Bank of St. Louis (FRED), series GS5, refreshed hourly. Latest observation 2026-10-01, first published 2026-11-02. Full methods: methodology.