This page provides forecasts for Government Bond 10y including a long-term outlook for the next decades, medium-term expectations for the next four quarters and short-term market predictions.


Major 10Y Yield Day Q4/18 Q1/19 Q2/19 Q3/19
US 3.0921 0.03 -0.03% 3.1049 3.1547 3.2051 3.2565
UK 1.39 0.12 -0.12% 1.63 1.68 1.74 1.80
Japan 0.1090 0.00 0.00% 0.1485 0.1634 0.1797 0.1977
Germany 0.36 0.05 -0.05% 0.52 0.56 0.61 0.66
Greece 4.56 0.06 0.06% 4.31 4.43 4.55 4.68
India 7.75 0.01 0.01% 8.06 8.14 8.22 8.30
Italy 3.51 0.00 0.00% 3.27 3.39 3.51 3.64
Australia 2.70 0.00 0.00% 2.71 2.75 2.79 2.83
Brazil 10.45 0.13 -0.13% 11.81 11.98 12.16 12.33
Canada 2.44 0.02 0.01% 2.54 2.59 2.64 2.69
France 0.75 0.03 -0.03% 0.85 0.89 0.93 0.98
Mexico 9.11 0.07 0.07% 8.01 8.09 8.16 8.24
Netherlands 0.49 0.04 -0.04% 0.63 0.68 0.72 0.77
New Zealand 2.78 0.03 -0.03% 2.64 2.68 2.72 2.76
Portugal 1.99 0.03 0.03% 1.93 1.99 2.05 2.11
Spain 1.66 0.03 0.03% 1.58 1.63 1.68 1.74
Switzerland 0.00 0.01 -0.02% 0.04 0.05 0.05 0.06

United States Yield Day Q4/18 Q1/19 Q2/19 Q3/19
US 3.0921 0.03 -0.03% 3.1049 3.1547 3.2051 3.2565
US 1M 2.23 0.02 0.01% 2.17 2.24 2.30 2.37
US 3M 2.38 0.01 0.01% 2.24 2.28 2.32 2.36
US 6M 2.53 0.01 0.01% 2.40 2.43 2.46 2.49
US 52W 2.71 0.00 0.00% 2.61 2.64 2.68 2.71
US 2Y 2.84 0.02 -0.02% 2.86 2.91 2.96 3.00
US 3Y 2.89 0.03 -0.03% 2.93 2.98 3.03 3.07
US 5Y 2.92 0.03 -0.03% 3.00 3.05 3.10 3.15
US 7Y 3.01 0.02 -0.02% 3.07 3.12 3.17 3.22
US 20Y 3.37 0.02 -0.02% 3.32 3.39 3.45 3.52
US 30Y 3.34 0.01 -0.01% 3.24 3.29 3.34 3.39

Europe Yield Day Q4/18 Q1/19 Q2/19 Q3/19
UK 1.39 0.12 -0.12% 1.63 1.68 1.74 1.80
UK 1M 0.73 0.00 0.00% 0.79 0.85 0.92 0.99
UK 3M 0.75 0.00 0.00% 0.77 0.82 0.87 0.92
UK 6M 0.77 0.01 0.01% 0.78 0.80 0.83 0.86
UK 52W 0.69 0.11 -0.11% 0.86 0.92 0.99 1.07
UK 3Y 0.71 0.11 -0.11% 0.90 0.95 1.00 1.05
UK 5Y 1.07 0.02 -0.03% 1.22 1.28 1.34 1.40
UK 7Y 1.09 0.12 -0.12% 1.34 1.40 1.45 1.51
UK 20Y 1.88 0.05 -0.05% 1.93 1.98 2.02 2.07
UK 30Y 1.94 0.04 -0.04% 1.95 2.00 2.04 2.09
Germany 0.36 0.05 -0.05% 0.52 0.56 0.61 0.66
Germany 3M -0.72 0.01 0.01% 0.03 0.06 0.09 0.12
Germany 6M -0.68 0.00 0.00% 0.03 0.05 0.08 0.11
Germany 52W -0.65 0.01 -0.01% 0.02 0.03 0.05 0.07
Germany 2Y -0.64 0.00 0.00% 0.02 0.04 0.06 0.09
Germany 3Y -0.51 0.01 -0.01% 0.02 0.04 0.07 0.09
Germany 5Y -0.19 0.01 -0.01% 0.01 0.03 0.04 0.06
Germany 7Y 0.0230 0.01 -0.05% 0.1397 0.1537 0.1690 0.1859
Germany 30Y 1.06 0.00 -0.01% 1.12 1.15 1.19 1.23
Greece 2Y 1.44 0.00 0.00% 1.57 1.71 1.85 2.02
Bulgaria 0.93 0.00 0.00% 1.05 1.10 1.17 1.23
Croatia 2.15 0.00 0.00% 2.20 2.24 2.28 2.32
Euro Area EFSF -0.37 0.02 -0.02% 0.03 0.06 0.10 0.13
Italy 1M -0.38 0.03 0.03% 0.04 0.08 0.13 0.18
Italy 52W 0.56 0.03 0.01% 0.84 0.92 1.01 1.11
Italy 3M -0.36 0.01 0.01% 0.04 0.09 0.13 0.19
Iceland 5.84 0.05 -0.05% 5.96 6.03 6.09 6.16
Latvia 0.55 0.00 0.00% 0.55 0.55 0.55 0.55
Lithuania 1.20 0.00 0.00% 1.25 1.30 1.35 1.41
Russia 1M 7.40 0.01 0.01% 7.43 7.46 7.49 7.52
Russia 52W 7.67 0.17 0.02% 7.24 7.35 7.45 7.56
Russia 3M 7.60 0.05 0.05% 7.57 7.60 7.63 7.66
Russia 6M 7.89 0.05 0.05% 7.88 7.92 7.95 7.99
Finland 0.68 0.01 -0.03% 0.70 0.74 0.79 0.84
France 1M -0.58 0.03 0.03% 0.05 0.10 0.15 0.21
France 52W -0.58 0.00 0.00% 0.01 0.02 0.03 0.05
France 2Y -0.41 0.01 -0.01% 0.02 0.05 0.07 0.10
France 30Y 1.70 0.00 0.00% 1.70 1.73 1.77 1.80
France 3M -0.68 0.00 0.00% 0.02 0.04 0.07 0.09
France 3Y -0.23 0.00 0.00% 0.02 0.05 0.08 0.11
France 6M -0.65 0.00 0.00% 0.02 0.04 0.06 0.07
Greece 6M 1.43 0.01 0.01% 1.38 1.44 1.49 1.55
Hungary 3.73 0.03 -0.03% 3.71 3.79 3.88 3.97
Sweden 0.59 0.03 -0.03% 0.67 0.71 0.75 0.79
Portugal 30Y 3.10 0.00 0.01% 2.99 3.05 3.10 3.15
Portugal 3Y 0.0190 0.01 -0.01% 0.0605 0.0666 0.0732 0.0805
Portugal 52W -0.24 0.00 0.00% 0.02 0.05 0.08 0.11
Portugal 2Y -0.15 0.05 -0.05% 0.01 0.02 0.02 0.03
Portugal 3M -0.51 0.00 0.00% 0.04 0.08 0.13 0.18
Portugal 5Y 0.77 0.01 0.02% 0.81 0.89 0.97 1.06
Portugal 6M -0.45 0.04 -0.04% 0.03 0.06 0.09 0.13
Switzerland 0.00 0.01 -0.02% 0.04 0.05 0.05 0.06
Italy 20Y 3.92 0.01 -0.01% 3.63 3.71 3.80 3.89
Italy 30Y 4.04 0.01 -0.01% 3.79 3.86 3.93 4.00
Norway 1.96 0.03 -0.03% 1.97 2.01 2.05 2.08
Greece 3M 1.36 0.06 -0.06% 1.32 1.37 1.42 1.47
Czech Republic 2.10 0.00 0.00% 2.25 2.32 2.39 2.46
Russia 2Y 7.85 0.05 -0.05% 7.79 7.88 7.98 8.07
Russia 3Y 8.31 0.03 -0.03% 8.18 8.28 8.38 8.48
Romania 4.89 0.09 0.09% 4.88 4.94 5.00 5.06
Russia 8.67 0.03 -0.03% 8.65 8.74 8.82 8.90
Austria 0.59 0.04 -0.04% 0.73 0.77 0.82 0.88
Belgium 0.81 0.03 -0.03% 0.87 0.92 0.96 1.01
Italy 3.51 0.00 0.00% 3.27 3.39 3.51 3.64
Italy 7Y 3.22 0.01 0.01% 2.89 3.04 3.20 3.37
Denmark 0.32 0.06 -0.06% 0.45 0.48 0.52 0.56
France 0.75 0.03 -0.03% 0.85 0.89 0.93 0.98
France 20Y 1.40 0.03 -0.03% 1.34 1.38 1.41 1.45
France 5Y 0.07 0.04 -0.04% 0.19 0.21 0.23 0.25
France 7Y 0.31 0.04 -0.04% 0.42 0.46 0.51 0.56
Greece 4.56 0.06 0.06% 4.31 4.43 4.55 4.68
Greece 20Y 5.33 0.04 0.04% 5.21 5.31 5.42 5.52
Ireland 0.96 0.03 -0.03% 1.05 1.11 1.17 1.23
Netherlands 0.49 0.04 -0.04% 0.63 0.68 0.72 0.77
Greece 1M 1.20 0.17 -0.17% 1.41 1.55 1.70 1.87
Turkey 15.95 0.43 -0.43% 17.72 18.13 18.55 18.99
Portugal 1.99 0.03 0.03% 1.93 1.99 2.05 2.11
Portugal 7Y 1.46 0.01 0.01% 1.45 1.53 1.61 1.69
Poland 3.26 0.01 0.01% 3.28 3.33 3.37 3.42
Russia 20Y 8.81 0.04 -0.04% 8.66 8.74 8.81 8.89
Russia 5Y 8.46 0.03 0.03% 8.29 8.42 8.55 8.68
Russia 7Y 8.56 0.02 -0.02% 8.40 8.48 8.57 8.66
Slovenia 1.11 0.01 0.01% 1.12 1.16 1.21 1.27
Italy 2Y 1.34 0.01 0.01% 1.16 1.27 1.40 1.54
Italy 3Y 1.9370 0.01 0.01% 1.7446 1.9191 2.1110 2.3221
Italy 5Y 2.77 0.02 0.02% 2.44 2.66 2.90 3.17
Spain 1.66 0.03 0.03% 1.58 1.63 1.68 1.74
Portugal 20Y 2.78 0.02 0.02% 2.71 2.77 2.82 2.88
Slovakia 0.97 0.04 -0.04% 1.04 1.09 1.13 1.19
Spain 5Y 0.64 0.04 0.04% 0.58 0.64 0.71 0.78
Netherlands 3M -0.74 0.00 0.00% 0.03 0.06 0.09 0.13
Netherlands 6M -0.69 0.01 0.00% 0.02 0.04 0.06 0.08
Spain 52W -0.34 0.02 -0.01% 0.03 0.06 0.10 0.14
Spain 3M -0.53 0.08 0.08% 0.04 0.08 0.12 0.17
Spain 3Y 0.17 0.00 -0.07% 0.05 0.05 0.05 0.06
Spain 6M -0.44 0.01 0.00% 0.04 0.09 0.14 0.20

America Yield Day Q4/18 Q1/19 Q2/19 Q3/19
US 3.0921 0.03 -0.03% 3.1049 3.1547 3.2051 3.2565
US 1M 2.23 0.02 0.01% 2.17 2.24 2.30 2.37
US 3M 2.38 0.01 0.01% 2.24 2.28 2.32 2.36
US 6M 2.53 0.01 0.01% 2.40 2.43 2.46 2.49
US 52W 2.71 0.00 0.00% 2.61 2.64 2.68 2.71
US 2Y 2.84 0.02 -0.02% 2.86 2.91 2.96 3.00
US 3Y 2.89 0.03 -0.03% 2.93 2.98 3.03 3.07
US 5Y 2.92 0.03 -0.03% 3.00 3.05 3.10 3.15
US 7Y 3.01 0.02 -0.02% 3.07 3.12 3.17 3.22
US 20Y 3.37 0.02 -0.02% 3.32 3.39 3.45 3.52
US 30Y 3.34 0.01 -0.01% 3.24 3.29 3.34 3.39
Venezuela 10.43 0.00 0.00% 10.43 10.43 10.43 10.43
Chile 4.80 0.02 0.02% 4.88 4.92 4.97 5.01
Colombia 7.12 0.01 0.01% 6.95 7.02 7.08 7.15
Canada 2.44 0.02 0.01% 2.54 2.59 2.64 2.69
Canada 1M 1.56 0.02 -0.01% 1.44 1.48 1.53 1.57
Canada 52W 2.16 0.02 -0.01% 2.07 2.10 2.13 2.16
Canada 20Y 2.49 0.02 0.01% 2.49 2.54 2.58 2.62
Canada 2Y 2.28 0.03 0.01% 2.25 2.30 2.34 2.38
Canada 30Y 2.47 0.02 0.01% 2.47 2.51 2.56 2.60
Canada 3M 1.72 0.01 -0.01% 1.62 1.66 1.69 1.73
Canada 3Y 2.31 0.03 0.00% 2.30 2.34 2.39 2.43
Canada 5Y 2.37 0.03 0.01% 2.39 2.44 2.48 2.53
Canada 6M 1.93 0.01 -0.01% 1.78 1.81 1.84 1.87
Canada 7Y 2.41 0.03 -0.03% 2.44 2.49 2.54 2.59
Brazil 10.45 0.13 -0.13% 11.81 11.98 12.16 12.33
Brazil 52W 6.96 0.14 0.14% 7.67 7.81 7.94 8.09
Brazil 2Y 8.11 0.05 -0.05% 9.12 9.29 9.45 9.62
Brazil 3M 6.36 0.00 0.00% 6.49 6.54 6.59 6.64
Brazil 3Y 8.87 0.09 -0.09% 10.11 10.25 10.40 10.55
Brazil 5Y 9.37 0.11 -0.11% 11.07 11.24 11.42 11.60
Brazil 6M 6.45 0.01 -0.01% 6.73 6.82 6.90 6.99
Mexico 9.11 0.07 0.07% 8.01 8.09 8.16 8.24
Peru 9y 5.43 0.00 0.00% 5.40 5.46 5.52 5.58

Asia Yield Day Q4/18 Q1/19 Q2/19 Q3/19
Japan 0.1090 0.00 0.00% 0.1485 0.1634 0.1797 0.1977
Japan 1M -0.13 0.00 0.00% 0.01 0.02 0.03 0.05
Japan 3M -0.22 0.00 0.00% 0.01 0.02 0.04 0.05
Japan 6M -0.23 0.01 -0.01% 0.01 0.03 0.04 0.06
Japan 52W -0.15 0.01 0.01% 0.01 0.01 0.02 0.03
Japan 2Y -0.13 0.01 0.01% 0.01 0.01 0.02 0.03
Japan 3Y -0.11 0.00 0.00% 0.01 0.01 0.02 0.03
Japan 5Y -0.08 0.00 0.00% 0.01 0.01 0.02 0.03
Japan 7Y -0.0320 0.00 0.00% 0.0264 0.0290 0.0319 0.0351
Japan 20Y 0.63 0.01 -0.01% 0.68 0.70 0.71 0.73
Japan 30Y 0.86 0.01 -0.01% 0.95 0.97 0.99 1.01
China 30Y 4.02 0.02 -0.02% 4.26 4.29 4.32 4.35
South Korea 5Y 2.03 0.00 0.00% 2.23 2.26 2.29 2.32
Thailand 2.72 0.02 -0.02% 2.71 2.74 2.77 2.80
Taiwan 0.91 0.00 -0.01% 0.91 0.92 0.94 0.95
Malaysia 4.16 0.00 0.00% 4.12 4.14 4.17 4.19
China 2Y 2.92 0.02 0.02% 3.31 3.36 3.40 3.45
South Korea 2Y 1.93 0.01 0.01% 2.03 2.06 2.09 2.12
Indonesia 52W 6.51 0.04 -0.04% 7.50 7.71 7.93 8.15
Vietnam 5.19 0.02 -0.02% 5.10 5.17 5.25 5.32
India 52W 7.37 0.06 0.06% 7.82 7.89 7.97 8.04
South Korea 2.23 0.04 0.04% 2.39 2.41 2.44 2.47
South Korea 20Y 2.17 0.04 0.04% 2.39 2.42 2.45 2.48
South Korea 30Y 2.11 0.04 0.04% 2.36 2.39 2.42 2.45
South Korea 3Y 1.94 0.02 0.02% 2.05 2.08 2.11 2.14
China 7Y 3.44 0.02 -0.02% 3.69 3.72 3.74 3.77
Philippine 7.44 0.02 -0.02% 7.56 7.93 8.32 8.72
Singapore 2.45 0.02 -0.02% 2.55 2.60 2.64 2.68
Qatar 4.31 0.01 -0.01% 4.17 4.24 4.30 4.37
Indonesia 8.11 0.03 -0.03% 8.12 8.22 8.31 8.41
Indonesia 30Y 8.91 0.05 -0.05% 9.02 9.11 9.20 9.29
Indonesia 3Y 7.71 0.01 0.01% 7.92 8.02 8.13 8.23
China 52W 2.54 0.06 -0.06% 3.03 3.06 3.10 3.13
China 3Y 3.04 0.01 0.01% 3.33 3.37 3.41 3.45
China 5Y 3.19 0.05 -0.05% 3.51 3.55 3.58 3.62
India 6M 7.15 0.02 -0.02% 7.41 7.45 7.49 7.54
Indonesia 20Y 8.52 0.05 -0.05% 8.56 8.64 8.72 8.80
India 7Y 7.73 0.02 0.02% 8.20 8.26 8.33 8.39
India 7.75 0.01 0.01% 8.06 8.14 8.22 8.30
Israel 2.39 0.03 -0.03% 2.03 2.07 2.11 2.14
Hong Kong 2.37 0.04 -0.03% 2.45 2.50 2.55 2.60
Indonesia 1M 5.45 0.00 0.00% 5.94 6.22 6.51 6.82
Indonesia 3M 5.88 0.03 -0.02% 6.46 6.70 6.95 7.21
India 2Y 7.36 0.12 -0.12% 7.88 7.93 7.98 8.03
India 30Y 8.04 0.04 -0.04% 8.33 8.40 8.48 8.56
India 3M 6.91 0.02 -0.07% 7.08 7.12 7.17 7.21
India 3Y 7.48 0.06 -0.06% 7.96 8.01 8.06 8.11
India 5Y 7.59 0.04 0.00% 8.10 8.17 8.23 8.30
South Korea 52W 1.79 0.01 0.01% 1.89 1.92 1.95 1.99
Pakistan 12.20 0.20 0.20% 10.32 10.49 10.66 10.84
China 3.44 0.02 -0.02% 3.68 3.72 3.75 3.79
China 20Y 3.81 0.01 -0.01% 4.01 4.04 4.08 4.11
Indonesia 5Y 8.05 0.01 0.01% 8.00 8.10 8.21 8.31
Indonesia 6M 6.05 0.00 0.01% 6.76 7.02 7.30 7.59

Australia Yield Day Q4/18 Q1/19 Q2/19 Q3/19
Australia 52W 1.96 0.01 0.01% 1.97 2.01 2.06 2.10
Australia 2Y 2.07 0.00 0.00% 2.06 2.09 2.12 2.16
Australia 3Y 2.18 0.04 0.02% 2.08 2.12 2.15 2.18
Australia 5Y 2.31 0.04 0.02% 2.26 2.30 2.33 2.36
New Zealand 2.78 0.03 -0.03% 2.64 2.68 2.72 2.76
Australia 7Y 2.50 0.01 0.01% 2.50 2.54 2.58 2.62
Australia 2.70 0.00 0.00% 2.71 2.75 2.79 2.83
Australia 20Y 3.03 0.01 -0.01% 3.03 3.07 3.11 3.15
Australia 30Y 3.21 0.01 -0.01% 3.20 3.24 3.28 3.32

Africa Yield Day Q4/18 Q1/19 Q2/19 Q3/19
South Africa 3Y 7.56 0.07 -0.07% 7.99 8.08 8.18 8.27
Kenya 12.60 0.00 0.00% 12.85 13.13 13.41 13.70
Nigeria 15.71 0.06 0.06% 15.36 15.53 15.69 15.86
South Africa 3M 6.78 0.15 -0.15% 7.81 8.59 9.45 10.40
South Africa 5Y 8.51 0.02 0.02% 8.48 8.58 8.68 8.78
South Africa 9.19 0.02 0.02% 9.09 9.19 9.28 9.38
South Africa 20Y 10.00 0.03 0.03% 9.92 10.02 10.12 10.22
South Africa 30Y 10.05 0.03 0.03% 10.03 10.13 10.23 10.33
South Africa 2Y 6.43 0.01 -0.01% 7.66 7.76 7.85 7.95
Zambia Government Bond 10y 20.00 0.00 0.00% 20.49 20.99 21.51 22.03

TRADING ECONOMICS forecasts are based on its analysts expectations and proprietary global macro models. We work hard to make sure any information we present is accurate and reliable. However, our forecasts are not recommendations to buy or sell nor we are a registered investment adviser. Moreover, the past performance of our models is not necessarily indicative of future results.

Government Bond 10y - Forecast - 2018-2020