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 3.1654 0.02 -0.02% 3.1049 3.1547 3.2051 3.2565
UK 1.45 0.00 0.00% 1.63 1.68 1.74 1.80
Japan 0.1150 0.00 0.00% 0.1485 0.1634 0.1797 0.1977
Germany 0.40 0.01 0.01% 0.52 0.56 0.61 0.66
Greece 4.42 0.01 0.01% 4.31 4.43 4.55 4.68
India 7.78 0.02 -0.02% 8.06 8.14 8.22 8.30
Italy 3.46 0.01 0.01% 3.27 3.39 3.51 3.64
Australia 2.73 0.02 -0.02% 2.71 2.75 2.79 2.83
Brazil 10.48 0.08 0.07% 11.81 11.98 12.16 12.33
Canada 2.51 0.04 -0.04% 2.54 2.59 2.64 2.69
France 0.78 0.00 0.00% 0.85 0.89 0.93 0.98
Mexico 8.90 0.01 -0.01% 8.01 8.09 8.16 8.24
Netherlands 0.54 0.01 0.01% 0.63 0.68 0.72 0.77
New Zealand 2.82 0.01 -0.01% 2.64 2.68 2.72 2.76
Portugal 1.96 0.01 0.01% 1.93 1.99 2.05 2.11
Spain 1.61 0.00 0.00% 1.58 1.63 1.68 1.74
Switzerland 0.00 0.01 -0.01% 0.04 0.05 0.05 0.06

United States Yield Day Q4/18 Q1/19 Q2/19 Q3/19
US 3.1654 0.02 -0.02% 3.1049 3.1547 3.2051 3.2565
US 1M 2.20 0.00 0.00% 2.17 2.24 2.30 2.37
US 3M 2.35 0.01 -0.01% 2.24 2.28 2.32 2.36
US 6M 2.51 0.01 -0.01% 2.40 2.43 2.46 2.49
US 52W 2.73 0.01 -0.01% 2.61 2.64 2.68 2.71
US 2Y 2.90 0.03 -0.03% 2.86 2.91 2.96 3.00
US 3Y 2.96 0.04 -0.04% 2.93 2.98 3.03 3.07
US 5Y 3.01 0.03 -0.03% 3.00 3.05 3.10 3.15
US 7Y 3.09 0.03 -0.03% 3.07 3.12 3.17 3.22
US 20Y 3.42 0.05 -0.05% 3.32 3.39 3.45 3.52
US 30Y 3.36 0.03 -0.03% 3.24 3.29 3.34 3.39

Europe Yield Day Q4/18 Q1/19 Q2/19 Q3/19
UK 1.45 0.00 0.00% 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 0.78 0.02 0.02% 0.77 0.82 0.87 0.92
UK 6M 0.78 0.00 0.00% 0.78 0.80 0.83 0.86
UK 52W 0.78 0.03 0.03% 0.86 0.92 0.99 1.07
UK 3Y 0.77 0.01 -0.01% 0.90 0.95 1.00 1.05
UK 5Y 1.03 0.00 0.00% 1.22 1.28 1.34 1.40
UK 7Y 1.16 0.00 0.00% 1.34 1.40 1.45 1.51
UK 20Y 1.87 0.02 -0.02% 1.93 1.98 2.02 2.07
UK 30Y 1.91 0.01 -0.01% 1.95 2.00 2.04 2.09
Germany 0.40 0.01 0.01% 0.52 0.56 0.61 0.66
Germany 3M -0.71 0.01 0.01% 0.03 0.06 0.09 0.12
Germany 6M -0.67 0.02 0.02% 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 0.01 -0.01% 0.02 0.04 0.06 0.09
Germany 3Y -0.52 0.02 -0.02% 0.02 0.04 0.07 0.09
Germany 5Y -0.20 0.03 -0.03% 0.01 0.03 0.04 0.06
Germany 7Y 0.0291 0.01 0.01% 0.1397 0.1537 0.1690 0.1859
Germany 30Y 1.05 0.01 0.01% 1.12 1.15 1.19 1.23
Greece 4.42 0.01 0.01% 4.31 4.43 4.55 4.68
Greece 3M 1.39 0.02 0.02% 1.32 1.37 1.42 1.47
Italy 3Y 1.8480 0.01 0.01% 1.7446 1.9191 2.1110 2.3221
France 0.78 0.00 0.00% 0.85 0.89 0.93 0.98
France 20Y 1.41 0.01 0.01% 1.34 1.38 1.41 1.45
Portugal 7Y 1.42 0.00 0.00% 1.45 1.53 1.61 1.69
Russia 5Y 8.76 0.04 0.04% 8.29 8.42 8.55 8.68
Italy 3.46 0.01 0.01% 3.27 3.39 3.51 3.64
Italy 30Y 4.01 0.00 0.00% 3.79 3.86 3.93 4.00
France 5Y 0.11 0.01 0.01% 0.19 0.21 0.23 0.25
France 7Y 0.34 0.00 0.00% 0.42 0.46 0.51 0.56
Portugal 20Y 2.75 0.00 0.00% 2.71 2.77 2.82 2.88
Portugal 30Y 3.06 0.00 0.00% 2.99 3.05 3.10 3.15
Russia 20Y 8.96 0.05 -0.05% 8.66 8.74 8.81 8.89
Russia 7Y 8.90 0.02 0.02% 8.40 8.48 8.57 8.66
Turkey 16.52 0.21 0.21% 17.72 18.13 18.55 18.99
Poland 3.22 0.02 -0.02% 3.28 3.33 3.37 3.42
Greece 20Y 5.24 0.01 -0.01% 5.21 5.31 5.42 5.52
Romania 4.75 0.01 -0.01% 4.88 4.94 5.00 5.06
Finland 0.67 0.00 0.00% 0.70 0.74 0.79 0.84
Russia 2Y 8.08 0.05 0.05% 7.79 7.88 7.98 8.07
Belgium 0.83 0.01 0.01% 0.87 0.92 0.96 1.01
Italy 20Y 3.88 0.01 0.01% 3.63 3.71 3.80 3.89
Italy 2Y 1.26 0.01 -0.01% 1.16 1.27 1.40 1.54
Italy 7Y 3.14 0.01 -0.01% 2.89 3.04 3.20 3.37
Italy 5Y 2.68 0.02 0.02% 2.44 2.66 2.90 3.17
Denmark 0.35 0.01 0.01% 0.45 0.48 0.52 0.56
Slovenia 1.12 0.01 0.01% 1.12 1.16 1.21 1.27
Russia 3Y 8.47 0.02 0.02% 8.18 8.28 8.38 8.48
Austria 0.62 0.02 0.02% 0.73 0.77 0.82 0.88
Bulgaria 0.93 0.00 0.00% 1.05 1.10 1.17 1.23
Czech Republic 2.11 0.01 0.01% 2.25 2.32 2.39 2.46
Portugal 52W -0.20 0.00 0.00% 0.02 0.05 0.08 0.11
Portugal 2Y -0.15 0.00 0.00% 0.01 0.02 0.02 0.03
Portugal 3M -0.52 0.01 -0.01% 0.04 0.08 0.13 0.18
Portugal 6M -0.45 0.01 -0.01% 0.03 0.06 0.09 0.13
Switzerland 0.00 0.01 -0.01% 0.04 0.05 0.05 0.06
Greece 2Y 1.44 0.00 0.00% 1.57 1.71 1.85 2.02
Greece 1M 1.80 0.60 0.60% 1.41 1.55 1.70 1.87
Croatia 2.14 0.02 -0.02% 2.20 2.24 2.28 2.32
Euro Area EFSF -0.32 0.02 -0.02% 0.03 0.06 0.10 0.13
Italy 1M -0.39 0.02 -0.02% 0.04 0.08 0.13 0.18
Italy 3M -0.27 0.01 0.01% 0.04 0.09 0.13 0.19
Iceland 5.75 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 8.99 0.05 0.05% 8.65 8.74 8.82 8.90
Russia 1M 7.39 0.00 0.00% 7.43 7.46 7.49 7.52
Russia 3M 7.54 0.01 0.01% 7.57 7.60 7.63 7.66
Russia 6M 7.81 0.02 0.02% 7.88 7.92 7.95 7.99
Sweden 0.63 0.00 0.00% 0.67 0.71 0.75 0.79
Italy 52W 0.58 0.00 0.00% 0.84 0.92 1.01 1.11
France 1M -0.60 0.04 -0.04% 0.05 0.10 0.15 0.21
France 52W -0.58 0.02 0.02% 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 3M -0.67 0.07 0.07% 0.02 0.04 0.07 0.09
France 3Y -0.24 0.01 -0.01% 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 1.40 0.02 -0.02% 1.38 1.44 1.49 1.55
Hungary 3.74 0.03 0.03% 3.71 3.79 3.88 3.97
Norway 1.97 0.02 -0.02% 1.97 2.01 2.05 2.08
France 30Y 1.69 0.01 0.01% 1.70 1.73 1.77 1.80
Ireland 0.98 0.01 -0.01% 1.05 1.11 1.17 1.23
Netherlands 0.54 0.01 0.01% 0.63 0.68 0.72 0.77
Spain 1.61 0.00 0.00% 1.58 1.63 1.68 1.74
Portugal 1.96 0.01 0.01% 1.93 1.99 2.05 2.11
Portugal 3Y 0.0130 0.01 0.01% 0.0605 0.0666 0.0732 0.0805
Portugal 5Y 0.76 0.01 0.01% 0.81 0.89 0.97 1.06
Russia 52W 7.73 0.08 -0.08% 7.24 7.35 7.45 7.56
Slovakia 1.00 0.01 0.01% 1.04 1.09 1.13 1.19
Spain 5Y 0.58 0.01 0.01% 0.58 0.64 0.71 0.78
Netherlands 3M -0.75 0.00 0.00% 0.03 0.06 0.09 0.13
Netherlands 6M -0.69 0.01 0.01% 0.02 0.04 0.06 0.08
Spain 52W -0.33 0.01 0.01% 0.03 0.06 0.10 0.14
Spain 3M -0.55 0.03 0.03% 0.04 0.08 0.12 0.17
Spain 3Y -0.01 0.01 0.01% 0.05 0.05 0.05 0.06
Spain 6M -0.45 0.00 0.00% 0.04 0.09 0.14 0.20

America Yield Day Q4/18 Q1/19 Q2/19 Q3/19
US 3.1654 0.02 -0.02% 3.1049 3.1547 3.2051 3.2565
US 1M 2.20 0.00 0.00% 2.17 2.24 2.30 2.37
US 3M 2.35 0.01 -0.01% 2.24 2.28 2.32 2.36
US 6M 2.51 0.01 -0.01% 2.40 2.43 2.46 2.49
US 52W 2.73 0.01 -0.01% 2.61 2.64 2.68 2.71
US 2Y 2.90 0.03 -0.03% 2.86 2.91 2.96 3.00
US 3Y 2.96 0.04 -0.04% 2.93 2.98 3.03 3.07
US 5Y 3.01 0.03 -0.03% 3.00 3.05 3.10 3.15
US 7Y 3.09 0.03 -0.03% 3.07 3.12 3.17 3.22
US 20Y 3.42 0.05 -0.05% 3.32 3.39 3.45 3.52
US 30Y 3.36 0.03 -0.03% 3.24 3.29 3.34 3.39
Canada 2.51 0.04 -0.04% 2.54 2.59 2.64 2.69
Canada 1M 1.59 0.01 -0.01% 1.44 1.48 1.53 1.57
Canada 20Y 2.55 0.03 -0.03% 2.49 2.54 2.58 2.62
Canada 2Y 2.34 0.02 -0.02% 2.25 2.30 2.34 2.38
Canada 3Y 2.37 0.02 -0.02% 2.30 2.34 2.39 2.43
Canada 5Y 2.44 0.03 -0.03% 2.39 2.44 2.48 2.53
Canada 6M 1.90 0.01 0.01% 1.78 1.81 1.84 1.87
Peru 9y 5.43 0.00 0.00% 5.40 5.46 5.52 5.58
Venezuela 10.43 0.00 0.00% 10.43 10.43 10.43 10.43
Colombia 7.10 0.01 0.00% 6.95 7.02 7.08 7.15
Chile 4.80 0.00 0.05% 4.88 4.92 4.97 5.01
Canada 52W 2.16 0.01 0.01% 2.07 2.10 2.13 2.16
Canada 3M 1.71 0.01 0.01% 1.62 1.66 1.69 1.73
Brazil 10.48 0.08 0.07% 11.81 11.98 12.16 12.33
Brazil 2Y 8.25 0.03 -0.03% 9.12 9.29 9.45 9.62
Brazil 3M 6.37 0.01 0.07% 6.49 6.54 6.59 6.64
Brazil 3Y 8.95 0.06 0.06% 10.11 10.25 10.40 10.55
Brazil 5Y 9.43 0.06 0.07% 11.07 11.24 11.42 11.60
Brazil 6M 6.44 0.01 -0.01% 6.73 6.82 6.90 6.99
Mexico 8.90 0.01 -0.01% 8.01 8.09 8.16 8.24
Canada 30Y 2.53 0.00 0.00% 2.47 2.51 2.56 2.60
Canada 7Y 2.48 0.00 0.00% 2.44 2.49 2.54 2.59
Brazil 52W 6.87 0.02 0.02% 7.67 7.81 7.94 8.09

Asia Yield Day Q4/18 Q1/19 Q2/19 Q3/19
Japan 0.1150 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 0.09 -0.09% 0.01 0.02 0.04 0.05
Japan 6M -0.23 0.04 -0.04% 0.01 0.03 0.04 0.06
Japan 52W -0.15 0.00 0.00% 0.01 0.01 0.02 0.03
Japan 2Y -0.14 0.00 0.00% 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 -0.0230 0.00 0.00% 0.0264 0.0290 0.0319 0.0351
Japan 20Y 0.65 0.01 -0.01% 0.68 0.70 0.71 0.73
Japan 30Y 0.88 0.01 -0.01% 0.95 0.97 0.99 1.01
India 7.78 0.02 -0.02% 8.06 8.14 8.22 8.30
Qatar 4.24 0.03 -0.03% 4.17 4.24 4.30 4.37
Israel 2.50 0.03 0.03% 2.03 2.07 2.11 2.14
Indonesia 1M 5.48 0.00 0.00% 5.94 6.22 6.51 6.82
India 52W 7.45 0.12 0.12% 7.82 7.89 7.97 8.04
India 2Y 7.45 0.02 0.02% 7.88 7.93 7.98 8.03
India 30Y 8.11 0.03 0.03% 8.33 8.40 8.48 8.56
India 5Y 7.71 0.05 0.05% 8.10 8.17 8.23 8.30
South Korea 52W 1.78 0.00 0.00% 1.89 1.92 1.95 1.99
Philippine 7.37 0.14 -0.14% 7.56 7.93 8.32 8.72
Pakistan 12.00 0.00 0.00% 10.32 10.49 10.66 10.84
China 52W 2.63 0.04 -0.04% 3.03 3.06 3.10 3.13
China 30Y 4.07 0.01 0.01% 4.26 4.29 4.32 4.35
China 20Y 3.85 0.00 0.00% 4.01 4.04 4.08 4.11
China 2Y 2.93 0.04 -0.04% 3.31 3.36 3.40 3.45
Malaysia 4.15 0.02 0.02% 4.12 4.14 4.17 4.19
India 3Y 7.59 0.06 0.06% 7.96 8.01 8.06 8.11
Vietnam 5.19 0.01 0.01% 5.10 5.17 5.25 5.32
Indonesia 3M 5.84 0.01 -0.01% 6.46 6.70 6.95 7.21
Indonesia 6M 6.05 0.01 -0.01% 6.76 7.02 7.30 7.59
Hong Kong 2.43 0.03 -0.03% 2.45 2.50 2.55 2.60
Indonesia 8.26 0.07 0.07% 8.12 8.22 8.31 8.41
Indonesia 52W 6.56 0.06 -0.06% 7.50 7.71 7.93 8.15
Indonesia 30Y 8.91 0.05 0.05% 9.02 9.11 9.20 9.29
Indonesia 3Y 7.67 0.09 -0.09% 7.92 8.02 8.13 8.23
Indonesia 5Y 8.11 0.04 0.04% 8.00 8.10 8.21 8.31
China 3Y 3.10 0.00 0.00% 3.33 3.37 3.41 3.45
Singapore 2.49 0.01 -0.01% 2.55 2.60 2.64 2.68
Taiwan 0.92 0.01 0.01% 0.91 0.92 0.94 0.95
Indonesia 20Y 8.67 0.07 0.07% 8.56 8.64 8.72 8.80
South Korea 3Y 1.95 0.00 0.00% 2.05 2.08 2.11 2.14
South Korea 20Y 2.16 0.00 0.00% 2.39 2.42 2.45 2.48
South Korea 2.22 0.01 0.01% 2.39 2.41 2.44 2.47
South Korea 30Y 2.09 0.01 0.01% 2.36 2.39 2.42 2.45
South Korea 5Y 2.06 0.02 0.02% 2.23 2.26 2.29 2.32
India 3M 6.89 0.03 -0.03% 7.08 7.12 7.17 7.21
India 6M 7.15 0.07 -0.07% 7.41 7.45 7.49 7.54
Thailand 2.71 0.01 -0.01% 2.71 2.74 2.77 2.80
India 7Y 7.75 0.03 -0.03% 8.20 8.26 8.33 8.39
South Korea 2Y 1.92 0.02 -0.02% 2.03 2.06 2.09 2.12
China 3.52 0.02 0.02% 3.68 3.72 3.75 3.79
China 7Y 3.50 0.00 0.00% 3.69 3.72 3.74 3.77
China 5Y 3.31 0.01 0.01% 3.51 3.55 3.58 3.62

Australia Yield Day Q4/18 Q1/19 Q2/19 Q3/19
New Zealand 2.82 0.01 -0.01% 2.64 2.68 2.72 2.76
Australia 7Y 2.51 0.01 -0.01% 2.50 2.54 2.58 2.62
Australia 52W 1.94 0.02 -0.02% 1.97 2.01 2.06 2.10
Australia 3Y 2.15 0.01 -0.01% 2.08 2.12 2.15 2.18
Australia 20Y 3.05 0.02 -0.02% 3.03 3.07 3.11 3.15
Australia 5Y 2.29 0.02 -0.02% 2.26 2.30 2.33 2.36
Australia 2.73 0.02 -0.02% 2.71 2.75 2.79 2.83
Australia 2Y 2.07 0.01 -0.01% 2.06 2.09 2.12 2.16
Australia 30Y 3.24 0.01 -0.01% 3.20 3.24 3.28 3.32

Africa Yield Day Q4/18 Q1/19 Q2/19 Q3/19
Kenya 12.60 0.00 0.00% 12.85 13.13 13.41 13.70
Nigeria 15.64 0.02 0.02% 15.36 15.53 15.69 15.86
South Africa 3Y 7.63 0.01 0.01% 7.99 8.08 8.18 8.27
South Africa 30Y 10.08 0.01 0.01% 10.03 10.13 10.23 10.33
South Africa 3M 7.45 0.75 0.75% 7.81 8.59 9.45 10.40
South Africa 9.23 0.01 0.01% 9.09 9.19 9.28 9.38
South Africa 2Y 6.49 0.01 -0.01% 7.66 7.76 7.85 7.95
South Africa 5Y 8.56 0.01 0.01% 8.48 8.58 8.68 8.78
South Africa 20Y 10.03 0.02 0.02% 9.92 10.02 10.12 10.22
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