Government Bond 10y - Forecast - 2018-2020

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 Q3/18 Q4/18 Q1/19 Q2/19
US 2.8931 0.05 0.05% 2.9809 3.1389 3.3054 3.4806
UK 1.23 0.05 0.05% 1.39 1.54 1.70 1.88
Japan 0.0350 0.01 -0.01% 0.0413 0.0516 0.0645 0.0806
Germany 0.37 0.10 0.10% 0.36 0.45 0.56 0.71
France 0.68 0.05 0.05% 0.73 0.84 0.97 1.11
Portugal 1.78 0.04 0.04% 1.91 2.09 2.30 2.52
Greece 3.87 0.00 0.00% 4.29 4.65 5.03 5.45
Netherlands 0.47 0.04 0.04% 0.54 0.64 0.76 0.91
Spain 1.31 0.03 0.03% 1.43 1.59 1.75 1.94
Switzerland -0.07 0.01 -0.01% 0.03 0.06 0.10 0.14
Brazil 11.17 0.10 0.10% 11.87 12.33 12.81 13.30
New Zealand 2.79 0.02 -0.02% 2.90 3.02 3.15 3.29
Australia 2.62 0.05 -0.05% 2.71 2.84 2.98 3.12
India 7.79 0.00 0.00% 8.06 8.29 8.52 8.76
Italy 2.59 0.08 0.08% 2.93 3.23 3.57 3.94
Canada 2.18 0.07 0.07% 2.28 2.43 2.58 2.75
Mexico 7.71 0.01 -0.01% 7.85 8.06 8.28 8.51

United States Yield Day Q3/18 Q4/18 Q1/19 Q2/19
US 2.8931 0.05 0.05% 2.9809 3.1389 3.3054 3.4806
US 1M 1.88 0.02 0.01% 2.09 2.29 2.51 2.75
US 3M 1.99 0.01 -0.02% 2.10 2.22 2.35 2.49
US 6M 2.13 0.00 0.00% 2.20 2.29 2.38 2.47
US 52W 2.39 0.00 0.00% 2.41 2.52 2.63 2.74
US 2Y 2.59 0.00 0.00% 2.66 2.80 2.95 3.11
US 3Y 2.67 0.02 0.00% 2.77 2.93 3.09 3.27
US 5Y 2.76 0.03 0.03% 2.88 3.04 3.22 3.41
US 7Y 2.81 0.03 -0.03% 2.96 3.13 3.31 3.49
US 20Y 2.99 0.03 -0.03% 3.20 3.41 3.65 3.90
US 30Y 2.97 0.02 0.02% 3.10 3.25 3.40 3.55

Europe Yield Day Q3/18 Q4/18 Q1/19 Q2/19
UK 1.23 0.05 0.05% 1.39 1.54 1.70 1.88
UK 1M 0.60 0.01 -0.01% 0.68 0.85 1.06 1.32
UK 3M 0.66 0.01 -0.01% 0.72 0.89 1.11 1.38
UK 6M 0.68 0.01 0.01% 0.72 0.83 0.96 1.11
UK 52W 0.71 0.02 -0.02% 0.83 1.03 1.29 1.62
UK 3Y 0.74 0.02 -0.02% 0.87 1.09 1.35 1.68
UK 5Y 0.97 0.03 -0.03% 1.16 1.36 1.60 1.89
UK 7Y 1.05 0.04 -0.03% 1.24 1.41 1.61 1.84
UK 20Y 1.63 0.04 -0.02% 1.81 1.94 2.08 2.23
UK 30Y 1.66 0.05 -0.02% 1.86 2.04 2.23 2.45
Germany 0.37 0.10 0.10% 0.36 0.45 0.56 0.71
Germany 3M -0.62 0.02 0.02% 0.10 0.21 0.34 0.48
Germany 6M -0.61 0.00 0.00% 0.07 0.15 0.23 0.33
Germany 52W -0.67 0.01 -0.01% 0.06 0.12 0.19 0.26
Germany 2Y -0.65 0.01 -0.01% 0.07 0.16 0.25 0.35
Germany 3Y -0.52 0.00 0.00% 0.09 0.19 0.31 0.45
Germany 5Y -0.28 0.01 -0.01% 0.08 0.17 0.29 0.44
Germany 7Y -0.0310 0.01 -0.01% 0.0178 0.0399 0.0677 0.1023
Germany 30Y 1.01 0.01 -0.01% 1.08 1.19 1.30 1.42
Sweden 0.46 0.01 0.00% 0.57 0.68 0.80 0.95
Portugal 52W -0.32 0.01 0.01% 0.08 0.19 0.32 0.48
Portugal 20Y 2.50 0.01 -0.01% 2.64 2.80 2.97 3.16
Portugal 2Y -0.07 0.00 0.00% 0.03 0.06 0.10 0.15
Portugal 30Y 2.80 0.02 -0.02% 2.95 3.12 3.29 3.48
Portugal 3M -0.36 0.01 0.02% 0.09 0.21 0.36 0.54
Portugal 3Y -0.0340 0.02 -0.02% 0.0263 0.0328 0.0410 0.0513
Portugal 5Y 0.57 0.01 0.01% 0.74 0.92 1.15 1.44
Portugal 6M -0.40 0.01 -0.02% 0.10 0.22 0.37 0.56
Portugal 7Y 1.24 0.01 0.03% 1.42 1.65 1.91 2.21
Switzerland -0.07 0.01 -0.01% 0.03 0.06 0.10 0.14
Iceland 5.34 0.00 0.00% 5.62 5.83 6.06 6.29
Latvia 0.55 0.00 0.00% 0.55 0.55 0.55 0.55
Lithuania 1.15 0.00 0.00% 1.18 1.33 1.49 1.68
Poland 3.12 0.00 0.00% 3.44 3.59 3.74 3.90
Romania 5.04 0.03 0.03% 5.46 5.65 5.84 6.05
Russia 7.72 0.04 0.04% 7.91 8.10 8.29 8.49
Russia 1M 7.06 0.00 0.00% 7.13 7.21 7.28 7.36
Russia 52W 6.88 0.10 0.12% 7.00 7.28 7.57 7.87
Russia 20Y 7.91 0.05 0.03% 8.02 8.19 8.36 8.53
Russia 2Y 7.15 0.01 -0.01% 7.31 7.54 7.78 8.02
Russia 3M 7.09 0.00 0.00% 7.17 7.24 7.31 7.39
Russia 3Y 7.40 0.01 0.01% 7.64 7.88 8.12 8.38
Russia 5Y 7.36 0.05 0.05% 7.73 8.07 8.42 8.79
Russia 6M 7.12 0.00 0.00% 7.20 7.27 7.35 7.43
Russia 7Y 7.58 0.00 0.00% 7.78 7.98 8.19 8.40
Slovakia 0.66 0.00 0.00% 0.76 0.86 0.98 1.11
Slovenia 0.91 0.01 -0.01% 1.09 1.25 1.43 1.63
Turkey 17.10 0.07 0.07% 17.51 18.33 19.19 20.09
Denmark 0.31 0.01 -0.01% 0.38 0.46 0.55 0.66
Finland 0.42 0.00 -0.01% 0.55 0.67 0.81 0.98
France 1M -0.54 0.02 -0.02% 0.14 0.31 0.52 0.79
France 52W -0.55 0.00 0.00% 0.04 0.09 0.14 0.19
France 20Y 1.16 0.00 0.00% 1.23 1.33 1.44 1.55
France 2Y -0.53 0.01 -0.01% 0.09 0.20 0.32 0.46
France 30Y 1.53 0.00 0.00% 1.59 1.69 1.80 1.92
France 3M -0.59 0.00 0.00% 0.07 0.15 0.24 0.34
France 3Y -0.42 0.00 0.00% 0.10 0.22 0.37 0.55
France 5Y 0.00 0.00 0.00% 0.00 0.00 0.00 0.00
France 6M -0.55 0.01 0.01% 0.05 0.11 0.18 0.25
France 7Y 0.14 0.00 0.00% 0.18 0.23 0.29 0.36
Greece 1M 1.20 0.17 0.17% 2.25 2.81 3.52 4.39
Greece 20Y 4.68 0.01 0.01% 4.99 5.27 5.57 5.88
Greece 3M 1.12 0.04 0.04% 1.10 1.20 1.32 1.44
Greece 6M 1.13 0.03 0.03% 1.22 1.37 1.55 1.74
Hungary 3.38 0.03 0.03% 4.09 4.36 4.66 4.97
Ireland 0.80 0.00 0.00% 0.94 1.10 1.30 1.52
Norway 1.73 0.03 0.03% 1.88 1.99 2.11 2.23
Greece 2Y 1.44 0.00 0.00% 1.57 1.71 1.85 2.02
Bulgaria 1.05 0.00 0.00% 1.30 1.51 1.75 2.03
Croatia 2.18 0.00 0.00% 2.29 2.41 2.53 2.66
Czech Republic 1.91 0.03 -0.02% 2.27 2.53 2.83 3.15
Euro Area EFSF -0.42 0.03 -0.03% 0.06 0.12 0.20 0.29
Austria 0.52 0.01 -0.03% 0.69 0.81 0.96 1.14
Belgium 0.64 0.00 0.00% 0.78 0.90 1.03 1.19
Italy 1M -0.06 0.00 0.28% 0.08 0.18 0.31 0.47
Italy 52W 0.15 0.04 0.03% 0.11 0.14 0.18 0.22
Italy 20Y 3.18 0.02 0.03% 3.40 3.64 3.89 4.16
Italy 2Y 0.55 0.07 0.05% 0.85 1.06 1.33 1.66
Italy 30Y 3.40 0.02 -0.02% 3.60 3.79 4.00 4.21
Italy 3M -0.40 0.16 -0.16% 0.07 0.17 0.28 0.43
Italy 3Y 0.8790 0.05 -0.05% 1.2538 1.5672 1.9590 2.4487
Italy 5Y 1.59 0.03 0.04% 2.13 2.66 3.33 4.16
Italy 7Y 2.11 0.03 0.03% 2.59 2.99 3.44 3.97
France 0.68 0.05 0.05% 0.73 0.84 0.97 1.11
Portugal 1.78 0.04 0.04% 1.91 2.09 2.30 2.52
Greece 3.87 0.00 0.00% 4.29 4.65 5.03 5.45
Netherlands 0.47 0.04 0.04% 0.54 0.64 0.76 0.91
Spain 1.31 0.03 0.03% 1.43 1.59 1.75 1.94
Italy 2.59 0.08 0.08% 2.93 3.23 3.57 3.94
Netherlands 3 Month Bill Yield -0.57 0.00 0.00% 0.09 0.20 0.32 0.45
Netherlands 6 Month Bill Yield -0.65 0.01 -0.01% 0.06 0.12 0.19 0.27
Spain 6 Month Bill Yield -0.39 0.01 0.00% 0.12 0.26 0.44 0.67
Spain 52 Week Bill Yield -0.38 0.01 0.01% 0.09 0.21 0.36 0.54
Spain 3 Month Letras Yield -0.40 0.01 0.01% 0.11 0.24 0.41 0.62
Spain 3 Year Bonos Yield -0.11 0.01 -0.01% 0.02 0.05 0.08 0.12
Spain 5 Year Bonos Yield 0.35 0.04 0.04% 0.47 0.58 0.73 0.91

America Yield Day Q3/18 Q4/18 Q1/19 Q2/19
US 2.8931 0.05 0.05% 2.9809 3.1389 3.3054 3.4806
US 1M 1.88 0.02 0.01% 2.09 2.29 2.51 2.75
US 3M 1.99 0.01 -0.02% 2.10 2.22 2.35 2.49
US 6M 2.13 0.00 0.00% 2.20 2.29 2.38 2.47
US 52W 2.39 0.00 0.00% 2.41 2.52 2.63 2.74
US 2Y 2.59 0.00 0.00% 2.66 2.80 2.95 3.11
US 3Y 2.67 0.02 0.00% 2.77 2.93 3.09 3.27
US 5Y 2.76 0.03 0.03% 2.88 3.04 3.22 3.41
US 7Y 2.81 0.03 -0.03% 2.96 3.13 3.31 3.49
US 20Y 2.99 0.03 -0.03% 3.20 3.41 3.65 3.90
US 30Y 2.97 0.02 0.02% 3.10 3.25 3.40 3.55
Venezuela 10.43 0.00 0.00% 10.43 10.43 10.43 10.43
Brazil 11.17 0.10 0.10% 11.87 12.33 12.81 13.30
Canada 2.18 0.07 0.07% 2.28 2.43 2.58 2.75
Mexico 7.71 0.01 -0.01% 7.85 8.06 8.28 8.51
Chile 4.56 0.00 0.00% 4.67 4.77 4.86 4.96
Colombia 6.67 0.02 -0.02% 6.76 6.97 7.19 7.42
Canada 1M 1.29 0.01 0.00% 1.09 1.19 1.30 1.41
Canada 52W 1.78 0.01 0.00% 1.81 1.91 2.02 2.13
Canada 20Y 2.17 0.03 0.02% 2.30 2.42 2.55 2.69
Canada 2Y 1.93 0.01 -0.01% 2.02 2.15 2.30 2.45
Canada 30Y 2.16 0.04 -0.04% 2.32 2.47 2.63 2.80
Canada 3M 1.37 0.06 -0.06% 1.35 1.45 1.55 1.66
Canada 3Y 1.97 0.03 0.02% 2.11 2.24 2.39 2.54
Canada 5Y 2.02 0.04 0.02% 2.19 2.34 2.50 2.67
Canada 6M 1.55 0.01 0.00% 1.55 1.65 1.75 1.86
Canada 7Y 2.08 0.04 -0.04% 2.25 2.40 2.56 2.73
Brazil 52W 7.62 0.14 0.14% 7.96 8.29 8.64 9.00
Brazil 2Y 8.57 0.11 -0.11% 9.26 9.70 10.16 10.65
Brazil 3M 6.39 0.01 -0.01% 6.70 6.95 7.21 7.49
Brazil 3Y 9.54 0.04 0.04% 10.03 10.42 10.82 11.24
Brazil 5Y 10.33 0.17 -0.17% 11.00 11.45 11.92 12.41
Brazil 6M 6.63 0.04 -0.04% 6.99 7.24 7.49 7.75
Peru 9y 5.21 0.04 0.04% 5.43 5.62 5.81 6.01

Asia Yield Day Q3/18 Q4/18 Q1/19 Q2/19
Japan 0.0350 0.01 -0.01% 0.0413 0.0516 0.0645 0.0806
Japan 1M -0.09 0.01 0.01% 0.02 0.05 0.09 0.14
Japan 3M -0.13 0.00 -0.01% 0.03 0.06 0.10 0.16
Japan 6M -0.12 0.00 0.00% 0.03 0.06 0.10 0.15
Japan 52W -0.13 0.01 -0.01% 0.02 0.04 0.07 0.10
Japan 2Y -0.13 0.00 0.00% 0.02 0.04 0.07 0.10
Japan 3Y -0.11 0.00 0.00% 0.03 0.06 0.10 0.14
Japan 5Y -0.10 0.00 0.00% 0.03 0.06 0.11 0.16
Japan 7Y -0.0570 0.00 0.00% 0.0145 0.0326 0.0553 0.0836
Japan 20Y 0.48 0.01 -0.01% 0.52 0.55 0.58 0.61
Japan 30Y 0.68 0.00 0.01% 0.73 0.76 0.80 0.83
India 7.79 0.00 0.00% 8.06 8.29 8.52 8.76
South Korea 2.54 0.01 0.01% 2.67 2.76 2.86 2.96
South Korea 52W 1.81 0.01 -0.01% 1.96 2.06 2.18 2.29
South Korea 20Y 2.54 0.01 0.01% 2.68 2.78 2.89 3.00
South Korea 2Y 2.00 0.00 0.00% 2.14 2.24 2.34 2.45
South Korea 30Y 2.53 0.01 0.01% 2.66 2.76 2.85 2.96
South Korea 3Y 2.09 0.00 0.00% 2.23 2.33 2.43 2.53
South Korea 5Y 2.33 0.01 0.01% 2.47 2.58 2.68 2.79
Thailand 2.67 0.01 0.01% 2.68 2.78 2.88 2.99
Singapore 2.45 0.02 0.02% 2.62 2.77 2.92 3.07
Malaysia 4.11 0.00 0.00% 4.29 4.36 4.44 4.51
Philippine 6.35 0.10 -0.10% 7.29 8.37 9.61 11.04
Pakistan 10.00 0.00 0.00% 9.40 9.88 10.38 10.91
Qatar 4.20 0.07 0.07% 4.55 4.77 5.01 5.25
Taiwan 0.88 0.01 0.01% 0.98 1.03 1.08 1.13
Vietnam 4.86 0.01 0.01% 5.02 5.22 5.44 5.66
China 3.50 0.01 -0.01% 3.61 3.71 3.82 3.92
China 52W 3.08 0.00 0.02% 3.26 3.36 3.47 3.58
China 20Y 3.84 0.01 -0.01% 3.92 4.01 4.10 4.19
China 2Y 3.14 0.01 0.01% 3.40 3.53 3.66 3.79
China 30Y 4.00 0.00 0.00% 4.07 4.15 4.22 4.30
China 3Y 3.26 0.01 -0.01% 3.39 3.50 3.61 3.72
China 5Y 3.29 0.00 0.00% 3.45 3.56 3.67 3.78
China 7Y 3.52 0.01 0.01% 3.59 3.66 3.73 3.80
Hong Kong 2.18 0.01 0.01% 2.42 2.61 2.81 3.02
Indonesia 7.76 0.15 0.15% 8.07 8.35 8.64 8.94
Indonesia 1M 4.90 0.20 -0.20% 5.98 6.78 7.69 8.72
Indonesia 52W 6.74 0.17 -0.17% 7.60 8.13 8.70 9.32
Indonesia 20Y 8.16 0.09 0.09% 8.37 8.61 8.86 9.11
Indonesia 30Y 8.46 0.00 0.00% 8.69 8.89 9.10 9.31
Indonesia 3M 5.41 0.11 0.11% 6.10 6.73 7.43 8.21
Indonesia 3Y 7.44 0.14 0.14% 7.83 8.11 8.41 8.72
Indonesia 5Y 7.68 0.08 0.08% 7.89 8.19 8.49 8.81
Indonesia 6M 5.87 0.00 0.00% 6.20 6.83 7.53 8.30
India 52W 7.20 0.02 0.02% 7.38 7.57 7.76 7.96
India 2Y 7.60 0.00 0.00% 7.78 7.92 8.05 8.20
India 30Y 8.11 0.06 0.06% 8.27 8.49 8.71 8.94
India 3M 6.56 0.01 0.01% 6.55 6.66 6.77 6.89
India 3Y 7.72 0.02 0.02% 7.89 8.04 8.18 8.33
India 5Y 7.94 0.03 0.03% 8.20 8.39 8.59 8.80
India 6M 6.94 0.04 0.04% 6.97 7.09 7.21 7.33
India 7Y 8.07 0.04 0.02% 8.33 8.52 8.72 8.93
Israel 1.97 0.03 0.03% 2.19 2.32 2.45 2.59

Australia Yield Day Q3/18 Q4/18 Q1/19 Q2/19
Australia 52W 2.04 0.03 0.03% 2.03 2.16 2.30 2.45
Australia 20Y 2.97 0.02 0.02% 3.01 3.14 3.27 3.42
Australia 2Y 2.07 0.04 0.00% 2.08 2.19 2.30 2.42
Australia 30Y 3.14 0.02 0.02% 3.17 3.30 3.43 3.57
Australia 3Y 2.13 0.04 0.00% 2.15 2.26 2.37 2.50
Australia 5Y 2.32 0.03 0.00% 2.35 2.47 2.58 2.71
Australia 7Y 2.50 0.02 0.02% 2.57 2.71 2.85 2.99
New Zealand 2.79 0.02 -0.02% 2.90 3.02 3.15 3.29
Australia 2.62 0.05 -0.05% 2.71 2.84 2.98 3.12

Africa Yield Day Q3/18 Q4/18 Q1/19 Q2/19
South Africa 3M 6.20 0.20 -0.20% 8.63 10.78 13.48 16.85
South Africa 8.75 0.07 0.07% 9.10 9.37 9.64 9.92
South Africa 20Y 9.54 0.07 0.07% 9.88 10.16 10.46 10.76
South Africa 2Y 7.45 0.05 0.05% 7.82 8.12 8.44 8.77
South Africa 30Y 9.65 0.06 0.01% 9.96 10.24 10.53 10.83
South Africa 3Y 7.75 0.08 0.08% 8.08 8.35 8.63 8.93
South Africa 5Y 8.15 0.05 0.00% 8.50 8.79 9.09 9.40
Kenya 12.85 0.10 0.10% 13.35 14.09 14.87 15.69
Nigeria 13.91 0.02 -0.02% 14.56 15.02 15.50 15.99
Zambia Government Bond 10y 19.33 0.00 0.00% 20.20 21.47 22.82 24.26

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.