10-Year Treasury Yield Rises 110 Basis Points From March to October

The 10-year U.S. Treasury par yield reached 5.15% on Oct. 19, up from 4.05% on March 2. The 1.10-percentage-point increase equals 110 basis points, or 27.2% relative to the March reading.

The par yield is a standardized rate derived from market quotations rather than the trading yield of one specific Treasury note. The daily curve uses indicative bid-side quotations gathered at or near 3:30 p.m. ET (20:30 UTC on March 2; 19:30 UTC on Oct. 19); the published figures do not give an exact quote time.

CoreWeave, an AI cloud computing provider, had $35.6 billion in total indebtedness as of June 30, 2026. It funds capital investments through debt and equity, delayed-draw term loan facilities, OEM financing arrangements and cash from its balance sheet. CoreWeave bonds have previously fallen below 80 cents on the dollar.