Major 10Y Yield Day Q3/21 Q4/21 Q1/22 Q2/22
US 1.2797 0.00 0.00% 1.3409 1.4050 1.4722 1.5426
UK 0.5910 0.02 0.02% 0.6501 0.7151 0.7866 0.8653
Japan 0.0100 0.01 0.01% 0.0110 0.0121 0.0133 0.0146
Australia 1.2020 0.01 -0.01% 1.2589 1.3184 1.3807 1.4461
Germany -0.4190 0.00 0.00% 0.0419 0.0880 0.1387 0.1945
Brazil 9.2050 0.05 -0.05% 9.4535 9.7085 9.9709 10.2406
India 6.1650 0.03 0.03% 6.2088 6.2532 6.2975 6.3419
Canada 1.2070 0.00 0.00% 1.2737 1.3442 1.4185 1.4969
Italy 0.6293 0.02 -0.02% 0.6707 0.7148 0.7619 0.8120
France -0.0870 0.01 -0.01% 0.0087 0.0183 0.0288 0.0404
Netherlands -0.2870 0.15 0.15% 0.0282 0.0591 0.0931 0.1304
Greece 0.6580 0.01 -0.01% 0.6887 0.7208 0.7543 0.7895
Portugal 0.2060 0.00 0.00% 0.2266 0.2493 0.2742 0.3016
Switzerland -0.3630 0.01 0.01% 0.0363 0.0762 0.1202 0.1685
Spain 0.2710 0.05 0.05% 0.2981 0.3279 0.3607 0.3968
Mexico 7.0100 0.05 0.05% 7.1053 7.2021 7.3002 7.3991
New Zealand 1.5430 0.01 -0.01% 1.6288 1.7194 1.8149 1.9158

United States Yield Day Q3/21 Q4/21 Q1/22 Q2/22
US 1.2797 0.00 0.00% 1.3409 1.4050 1.4722 1.5426
US 1M 0.0456 0.00 0.00% 0.0502 0.0552 0.0607 0.0668
US 3M 0.0507 0.00 0.00% 0.0558 0.0613 0.0675 0.0742
US 6M 0.0507 0.00 0.00% 0.0558 0.0613 0.0675 0.0742
US 52W 0.0735 0.00 0.00% 0.0791 0.0852 0.0917 0.0987
US 2Y 0.2001 0.00 0.00% 0.2170 0.2353 0.2551 0.2766
US 3Y 0.3776 0.00 0.00% 0.4115 0.4485 0.4887 0.5326
US 5Y 0.7118 0.01 -0.01% 0.7654 0.8231 0.8850 0.9517
US 7Y 1.0275 0.00 0.00% 1.0873 1.1506 1.2176 1.2884
US 20Y 2.0160 0.01 0.01% 2.0847 2.1559 2.2293 2.3053
US 30Y 1.9229 0.01 0.01% 1.9829 2.0448 2.1087 2.1744

Europe Yield Day Q3/21 Q4/21 Q1/22 Q2/22
UK 0.5910 0.02 0.02% 0.6501 0.7151 0.7866 0.8653
UK 1M 0.0460 0.01 -0.01% 0.0506 0.0557 0.0612 0.0673
UK 3M 0.0500 0.01 -0.01% 0.0550 0.0605 0.0666 0.0732
UK 6M 0.0290 0.00 0.00% 0.0319 0.0351 0.0386 0.0425
UK 52W 0.0870 0.02 0.02% 0.0957 0.1053 0.1158 0.1274
UK 3Y 0.1860 0.02 0.02% 0.2046 0.2251 0.2476 0.2723
UK 5Y 0.2870 0.02 0.02% 0.3157 0.3473 0.3820 0.4202
UK 7Y 0.4370 0.00 0.02% 0.4807 0.5288 0.5816 0.6398
UK 20Y 0.9930 0.01 0.01% 1.0484 1.1069 1.1687 1.2339
UK 30Y 1.0050 0.00 0.00% 1.0589 1.1157 1.1754 1.2385
Germany -0.4190 0.00 0.00% 0.0419 0.0880 0.1387 0.1945
Germany 3M -0.6580 0.00 0.00% 0.0332 0.0682 0.1048 0.1433
Germany 6M -0.6550 0.00 0.00% 0.0213 0.0433 0.0660 0.0894
Germany 52W -0.6380 0.00 0.00% 0.0186 0.0378 0.0575 0.0778
Germany 2Y -0.7230 0.01 -0.01% 0.0163 0.0329 0.0499 0.0673
Germany 3Y -0.7932 0.01 -0.01% 0.0212 0.0429 0.0653 0.0882
Germany 5Y -0.7000 0.00 0.00% 0.0284 0.0580 0.0888 0.1208
Germany 7Y -0.5840 0.00 0.00% 0.0362 0.0746 0.1155 0.1588
Germany 30Y 0.0600 0.00 0.00% 0.0660 0.0726 0.0799 0.0878
Russia 2Y 6.8400 0.10 0.10% 6.9310 7.0233 7.1163 7.2114
Russia 3Y 6.7100 0.02 -0.02% 6.8301 6.9522 7.0770 7.2032
Russia 20Y 7.1200 0.02 -0.02% 7.1698 7.2197 7.2702 7.3215
Russia 52W 6.6300 0.10 0.10% 6.9907 7.3712 7.7717 8.1947
Russia 7Y 6.9400 0.02 -0.02% 7.0191 7.0989 7.1801 7.2620
Russia 6.9900 0.03 -0.03% 7.0648 7.1403 7.2165 7.2941
Russia 5Y 6.8100 0.02 -0.02% 6.9367 7.0654 7.1968 7.3310
Russia 1M 6.1500 0.01 -0.01% 6.1881 6.2263 6.2650 6.3038
Russia 3M 6.3800 0.01 -0.01% 6.4234 6.4668 6.5108 6.5555
Russia 6M 6.6700 0.02 -0.02% 6.7380 6.8067 6.8761 6.9461
Italy 1M -0.5160 0.02 0.02% 0.0363 0.0752 0.1168 0.1614
Italy 3M -0.5330 0.00 0.00% 0.0372 0.0770 0.1196 0.1651
Italy 52W -0.4940 0.01 -0.01% 0.0298 0.0615 0.0950 0.1306
Italy 3Y -0.2870 0.02 -0.02% 0.0287 0.0603 0.0950 0.1332
Italy 0.6293 0.02 -0.02% 0.6707 0.7148 0.7619 0.8120
Italy 30Y 1.6320 0.03 -0.03% 1.6770 1.7234 1.7709 1.8198
Italy 20Y 1.3300 0.03 -0.03% 1.3796 1.4311 1.4844 1.5399
Italy 2Y -0.4460 0.02 -0.02% 0.0446 0.0937 0.1476 0.2070
Italy 5Y -0.0370 0.03 -0.03% 0.0037 0.0078 0.0122 0.0172
Italy 7Y 0.2210 0.03 -0.03% 0.2431 0.2674 0.2942 0.3236
France 3Y -0.6954 0.01 -0.01% 0.0223 0.0452 0.0689 0.0934
France 7Y -0.4212 0.01 -0.01% 0.0421 0.0885 0.1394 0.1955
France 5Y -0.5952 0.01 -0.01% 0.0318 0.0654 0.1007 0.1380
France 2Y -0.6986 0.02 -0.02% 0.0194 0.0393 0.0597 0.0807
France 52W -0.6350 0.01 0.01% 0.0165 0.0335 0.0508 0.0686
France 6M -0.6500 0.06 0.06% 0.0221 0.0450 0.0686 0.0930
France 3M -0.6370 0.00 0.00% 0.0392 0.0809 0.1251 0.1721
France 20Y 0.3537 0.01 -0.01% 0.3891 0.4280 0.4708 0.5179
France -0.0870 0.01 -0.01% 0.0087 0.0183 0.0288 0.0404
France 30Y 0.7310 0.01 -0.01% 0.7806 0.8336 0.8902 0.9507
France 1M -0.6509 0.00 0.00% 0.0299 0.0613 0.0940 0.1283
Sweden 0.1350 0.01 -0.01% 0.1485 0.1634 0.1797 0.1977
Netherlands -0.2870 0.15 0.15% 0.0282 0.0591 0.0931 0.1304
Portugal 30Y 1.1150 0.03 -0.03% 1.1616 1.2101 1.2607 1.3135
Portugal 3Y -0.6040 0.02 -0.02% 0.0309 0.0633 0.0974 0.1332
Greece 1M 0.7200 0.39 0.39% 0.7920 0.8712 0.9583 1.0542
Portugal 6M -0.5960 0.00 0.00% 0.0296 0.0606 0.0932 0.1274
Norway 1.2190 0.05 0.05% 1.2734 1.3302 1.3895 1.4515
Czech Republic 1.7220 0.01 -0.01% 1.7771 1.8339 1.8927 1.9533
Portugal 3M -0.6350 0.07 -0.07% 0.0352 0.0723 0.1115 0.1528
Spain 52W -0.5570 0.03 0.03% 0.0189 0.0384 0.0586 0.0795
Spain 3M -0.5720 0.04 -0.04% 0.0369 0.0762 0.1179 0.1625
Netherlands 3M -0.6450 0.01 -0.01% 0.0246 0.0501 0.0766 0.1040
Finland -0.2330 0.01 0.01% 0.0233 0.0489 0.0771 0.1081
Greece 0.6580 0.01 -0.01% 0.6887 0.7208 0.7543 0.7895
Ireland -0.0220 0.00 0.00% 0.0022 0.0046 0.0073 0.0102
Spain 3Y -0.4940 0.01 -0.01% 0.0255 0.0523 0.0805 0.1101
Spain 5Y -0.3690 0.01 -0.01% 0.0369 0.0775 0.1221 0.1713
Portugal 0.2060 0.00 0.00% 0.2266 0.2493 0.2742 0.3016
Portugal 52W -0.6370 0.02 -0.02% 0.0261 0.0533 0.0816 0.1111
Portugal 20Y 0.5360 0.01 -0.01% 0.5693 0.6048 0.6423 0.6823
Portugal 2Y -0.6100 0.02 -0.02% 0.0305 0.0625 0.0961 0.1315
Portugal 5Y -0.4470 0.00 0.00% 0.0447 0.0939 0.1480 0.2075
Portugal 7Y -0.1970 0.00 0.00% 0.0197 0.0414 0.0652 0.0914
Austria -0.1770 0.02 0.02% 0.0177 0.0372 0.0586 0.0821
Denmark -0.0840 0.04 0.04% 0.0084 0.0176 0.0278 0.0390
Greece 20Y 0.8620 0.01 -0.01% 0.8939 0.9270 0.9613 0.9968
Spain 6M -0.5700 0.01 0.01% 0.0348 0.0718 0.1110 0.1526
Bulgaria 0.2200 0.00 0.00% 0.2420 0.2662 0.2928 0.3221
Belgium 2Y Bond Yield -0.7247 0.01 -0.01% 0.0232 0.0471 0.0718 0.0973
Denmark 2Y Bond Yield -0.5620 0.00 0.00% 0.0562 0.1180 0.1860 0.2608
Finland 2Y Bond Yield -0.7130 0.02 -0.02% 0.0379 0.0779 0.1199 0.1643
Hungary 2.8500 0.01 -0.01% 2.9244 3.0008 3.0791 3.1595
Netherlands 2Y Bond Yield -0.7537 0.00 0.00% 0.0234 0.0476 0.0725 0.0982
Netherlands 6M -0.6650 0.01 0.01% 0.0192 0.0388 0.0591 0.0800
Sweden 2Y Bond Yield -0.3200 0.01 0.01% 0.0136 0.0278 0.0427 0.0581
Spain 2Y Bond Yield -0.5030 0.05 0.05% 0.0438 0.0913 0.1431 0.1992
Switzerland 2Y Bond Yield -0.7780 0.01 -0.01% 0.0387 0.0794 0.1221 0.1670
UK 2Y 0.0890 0.02 0.02% 0.0979 0.1077 0.1185 0.1303
Croatia 0.5610 0.00 0.00% 0.6171 0.6788 0.7467 0.8214
Iceland 3.5010 0.00 0.00% 3.5826 3.6659 3.7513 3.8388
Lithuania 0.1100 0.00 0.00% 0.1210 0.1331 0.1464 0.1611
Latvia 0.5490 0.00 0.00% 0.5490 0.5490 0.5490 0.5490
Romania 3.7600 0.02 -0.02% 3.8521 3.9465 4.0431 4.1424
Greece 3M -0.1480 0.00 0.00% 0.0148 0.0311 0.0490 0.0687
Greece 6M -0.2060 0.02 0.02% 0.0206 0.0433 0.0682 0.0956
Slovakia -0.2150 0.01 0.01% 0.0215 0.0452 0.0712 0.0998
Slovenia -0.0340 0.00 0.00% 0.0034 0.0071 0.0113 0.0158
Poland 1.5570 0.03 -0.03% 1.6129 1.6708 1.7308 1.7929
Switzerland -0.3630 0.01 0.01% 0.0363 0.0762 0.1202 0.1685
Turkey 2Y Bond Yield 17.9900 0.00 0.00% 18.4541 18.9309 19.4184 19.9203
Turkey 16.7400 0.07 -0.07% 17.2405 17.7561 18.2868 18.8342
Belgium -0.1090 0.07 0.07% 0.0109 0.0229 0.0361 0.0506
Spain 0.2710 0.05 0.05% 0.2981 0.3279 0.3607 0.3968

America Yield Day Q3/21 Q4/21 Q1/22 Q2/22
US 1.2797 0.00 0.00% 1.3409 1.4050 1.4722 1.5426
US 1M 0.0456 0.00 0.00% 0.0502 0.0552 0.0607 0.0668
US 3M 0.0507 0.00 0.00% 0.0558 0.0613 0.0675 0.0742
US 6M 0.0507 0.00 0.00% 0.0558 0.0613 0.0675 0.0742
US 52W 0.0735 0.00 0.00% 0.0791 0.0852 0.0917 0.0987
US 2Y 0.2001 0.00 0.00% 0.2170 0.2353 0.2551 0.2766
US 3Y 0.3776 0.00 0.00% 0.4115 0.4485 0.4887 0.5326
US 5Y 0.7118 0.01 -0.01% 0.7654 0.8231 0.8850 0.9517
US 7Y 1.0275 0.00 0.00% 1.0873 1.1506 1.2176 1.2884
US 20Y 2.0160 0.01 0.01% 2.0847 2.1559 2.2293 2.3053
US 30Y 1.9229 0.01 0.01% 1.9829 2.0448 2.1087 2.1744
Brazil 9.2050 0.05 -0.05% 9.4535 9.7085 9.9709 10.2406
Brazil 3Y 8.0100 0.02 0.02% 8.2391 8.4746 8.7173 8.9664
Brazil 3M 5.1400 0.11 0.11% 5.3852 5.6422 5.9110 6.1932
Brazil 52W 6.8200 0.00 6.81% 7.1337 7.4618 7.8048 8.1642
Brazil 2Y 7.7800 0.01 7.77% 8.1177 8.4701 8.8373 9.2209
Brazil 5Y 8.1500 8.14 8.14% 8.9650 9.8615 10.8477 11.9324
Brazil 6M 5.8300 0.01 5.83% 6.0947 6.3716 6.6608 6.9628
Canada 1M 0.1450 0.01 -0.01% 0.1595 0.1755 0.1930 0.2123
Canada 2Y 0.4700 0.00 0.00% 0.5040 0.5404 0.5795 0.6214
Canada 3Y 0.5650 0.01 -0.01% 0.6215 0.6837 0.7520 0.8272
Canada 52W 0.3100 0.01 0.01% 0.3410 0.3751 0.4126 0.4539
Canada 1.2070 0.00 0.00% 1.2737 1.3442 1.4185 1.4969
Canada 7Y 0.9780 0.00 0.00% 1.0417 1.1094 1.1817 1.2586
Canada 3M 0.1650 0.01 -0.01% 0.1798 0.1959 0.2134 0.2325
Canada 6M 0.1900 0.00 -0.01% 0.2038 0.2186 0.2345 0.2515
Canada 5Y 0.8040 0.01 0.01% 0.8555 0.9104 0.9687 1.0308
Canada 30Y 1.7790 0.00 0.00% 1.8393 1.9016 1.9662 2.0329
Canada 20Y 1.6420 0.01 0.01% 1.7098 1.7804 1.8540 1.9305
Chile 4.4700 0.03 0.03% 4.5442 4.6197 4.6962 4.7744
Colombia 6.9030 0.04 0.04% 7.0286 7.1563 7.2868 7.4193
Mexico 7.0100 0.05 0.05% 7.1053 7.2021 7.3002 7.3991
Peru 15Y 0.0000 0.00 0.00% 5.4250 5.4250 5.4250 5.4250
Venezuela 10.4290 0.00 0.00% 10.4290 10.4290 10.4290 10.4290

Asia Yield Day Q3/21 Q4/21 Q1/22 Q2/22
Japan 0.0100 0.01 0.01% 0.0110 0.0121 0.0133 0.0146
Japan 1M -0.0800 0.02 0.00% 0.0068 0.0141 0.0220 0.0307
Japan 3M -0.0900 0.03 0.00% 0.0088 0.0184 0.0289 0.0405
Japan 6M -0.1250 0.00 0.01% 0.0086 0.0179 0.0278 0.0383
Japan 52W -0.1240 0.01 0.00% 0.0057 0.0117 0.0180 0.0245
Japan 2Y -0.1200 0.01 0.01% 0.0060 0.0124 0.0190 0.0260
Japan 3Y -0.1420 0.00 0.01% 0.0089 0.0184 0.0285 0.0392
Japan 5Y -0.1220 0.01 0.00% 0.0121 0.0254 0.0399 0.0560
Japan 7Y -0.1200 0.01 0.00% 0.0120 0.0252 0.0397 0.0557
Japan 20Y 0.4090 0.02 0.01% 0.4220 0.4355 0.4494 0.4637
Japan 30Y 0.6700 0.03 0.02% 0.6865 0.7034 0.7207 0.7384
India 3M 3.4200 0.02 -0.02% 3.4638 3.5082 3.5530 3.5985
India 6M 3.5700 0.02 -0.02% 3.6093 3.6489 3.6892 3.7296
India 6.1650 0.03 0.03% 6.2088 6.2532 6.2975 6.3419
India 52W 4.0430 0.23 0.23% 4.1607 4.2815 4.4065 4.5346
India 2Y 4.2450 0.13 0.13% 4.3341 4.4250 4.5180 4.6130
India 3Y 4.6730 0.01 0.01% 4.7576 4.8436 4.9314 5.0207
India 5Y 5.6860 0.01 0.01% 5.7542 5.8230 5.8930 5.9640
India 7Y 6.3410 0.00 0.00% 6.3898 6.4393 6.4887 6.5388
India 30Y 7.1320 0.01 0.01% 7.1784 7.2247 7.2718 7.3196
Philippine 3.8990 0.00 0.00% 4.0054 4.1146 4.2273 4.3427
Pakistan 9.8560 0.00 0.00% 9.9417 10.0285 10.1152 10.2039
Qatar 2.0400 0.00 0.00% 2.0830 2.1269 2.1718 2.2177
Taiwan 0.3650 0.00 0.00% 0.4015 0.4417 0.4858 0.5344
Vietnam 2.1170 0.00 0.00% 2.1602 2.2042 2.2493 2.2950
Indonesia 1M 3.2200 0.00 0.00% 3.3214 3.4261 3.5340 3.6454
Indonesia 3M 3.2600 0.00 0.00% 3.3347 3.4109 3.4892 3.5690
Indonesia 52W 3.7740 0.01 -0.01% 3.9336 4.1001 4.2733 4.4541
Indonesia 30Y 7.1230 0.00 0.00% 7.1572 7.1914 7.2263 7.2605
Indonesia 3Y 4.4400 0.01 -0.01% 4.5368 4.6358 4.7366 4.8400
Indonesia 20Y 7.0980 0.00 0.00% 7.1420 7.1860 7.2307 7.2755
South Korea 2Y 1.2530 0.00 0.00% 1.2877 1.3234 1.3600 1.3977
South Korea 20Y 1.9700 0.02 -0.02% 2.0001 2.0307 2.0618 2.0933
South Korea 30Y 1.9630 0.03 -0.03% 1.9938 2.0250 2.0568 2.0892
South Korea 3Y 1.3940 0.00 0.00% 1.4328 1.4726 1.5135 1.5556
South Korea 5Y 1.6390 0.02 -0.02% 1.6793 1.7206 1.7629 1.8063
Indonesia 5Y 5.2450 0.02 -0.02% 5.3022 5.3599 5.4186 5.4774
Malaysia 3.1340 0.00 0.00% 3.1807 3.2280 3.2763 3.3249
Indonesia 6.2960 0.01 -0.01% 6.3508 6.4062 6.4616 6.5182
China 20Y 3.6100 0.01 -0.01% 3.6548 3.7003 3.7461 3.7923
Singapore 1.3600 0.02 -0.02% 1.4049 1.4513 1.4991 1.5486
South Korea 52W 0.9260 0.00 0.00% 0.9539 0.9826 1.0121 1.0426
Thailand 1.6100 0.02 -0.02% 1.6617 1.7150 1.7700 1.8269
China 2.9220 0.02 -0.02% 2.9506 2.9796 3.0088 3.0383
China 52W 1.9600 0.02 -0.02% 2.0004 2.0415 2.0837 2.1266
China 2Y 2.4350 0.04 -0.04% 2.4686 2.5027 2.5373 2.5723
China 3Y 2.5420 0.03 -0.03% 2.5789 2.6162 2.6541 2.6927
China 5Y 2.7290 0.02 -0.02% 2.7604 2.7920 2.8242 2.8567
China 7Y 2.9200 0.02 -0.02% 2.9489 2.9781 3.0076 3.0374
South Korea 1.8820 0.01 -0.01% 1.9191 1.9569 1.9955 2.0348
China 30Y 3.5140 0.03 -0.03% 3.5382 3.5625 3.5871 3.6120
Hong Kong 0.9320 0.00 0.00% 0.9873 1.0458 1.1079 1.1735
Israel 1.0470 0.01 -0.01% 1.0851 1.1246 1.1655 1.2079
Indonesia 6M 3.3650 0.00 0.00% 3.4434 3.5235 3.6056 3.6897

Australia Yield Day Q3/21 Q4/21 Q1/22 Q2/22
Australia 52W 0.0200 0.01 0.01% 0.0220 0.0242 0.0266 0.0293
Australia 2Y 0.0200 0.02 -0.02% 0.0220 0.0242 0.0266 0.0293
Australia 1.2020 0.01 -0.01% 1.2589 1.3184 1.3807 1.4461
Australia 20Y 1.9020 0.01 -0.01% 1.9644 2.0289 2.0954 2.1641
Australia 30Y 2.0830 0.01 -0.01% 2.1453 2.2094 2.2755 2.3436
Australia 3Y 0.2860 0.02 0.02% 0.3146 0.3461 0.3807 0.4187
Australia 5Y 0.6360 0.01 0.01% 0.6742 0.7146 0.7575 0.8030
Australia 7Y 0.9000 0.00 0.00% 0.9495 1.0017 1.0568 1.1149
New Zealand 1.5430 0.01 -0.01% 1.6288 1.7194 1.8149 1.9158
New Zealand 2Y Bond Yield 0.7650 0.00 0.00% 0.8353 0.9120 0.9959 1.0874

Africa Yield Day Q3/21 Q4/21 Q1/22 Q2/22
South Africa 3M 4.8900 0.22 0.22% 5.3790 5.9169 6.5086 7.1594
South Africa 8.9400 0.03 -0.03% 9.0321 9.1251 9.2189 9.3137
South Africa 20Y 10.8400 0.01 -0.01% 10.9376 11.0362 11.1348 11.2357
South Africa 2Y 5.0100 0.11 -0.11% 5.0937 5.1788 5.2650 5.3532
South Africa 30Y 10.8400 0.01 -0.01% 10.9376 11.0362 11.1348 11.2357
South Africa 5Y 7.3400 0.08 -0.08% 7.4281 7.5169 7.6072 7.6989
Ghana 3 Month bond 12.18 0.00 0.00% 12.30 12.42 12.54 12.67
Kenya 12.6750 0.23 0.23% 12.9247 13.1795 13.4393 13.7042
Nigeria 12.5570 0.05 -0.05% 13.1032 13.6733 14.2685 14.8888
Zambia 32.0000 0.00 0.00% 32.7040 33.4240 34.1600 34.9088

TRADING ECONOMICS expects yields from Government Bonds to rise in 2021 on inflation concerns triggered by tight labour costs and high oil prices possibly caused by a rise in geopolitical tensions in the middle east. TRADING ECONOMICS provides forecasts for Bonds based on its analysts expectations and proprietary global macro models. The current forecasts were last revised on July 25 of 2021. Please consider that while TRADING ECONOMICS forecasts for Bonds are made using our best efforts, they are not investment recommendations.