30-Year Treasury Yield
US 30-year Treasury constant maturity yield (%, daily)
| Property | Value |
|---|---|
| Category | macro |
| Unit | % |
| Resolution | 1d |
| Assets | MACRO |
| Tier | Basic |
| API Endpoint | GET /v1/macro/rates |
| Field | ust_30y |
Overview
Yield on 30-year US Treasury bonds at constant maturity (FRED series DGS30). The "long bond" is the longest-duration US sovereign instrument and is most sensitive to long-run inflation and growth expectations.
Interpretation
- Rising 30Y yields signal markets are pricing higher long-run inflation, fiscal-deficit risk, or stronger long-term growth.
- Falling 30Y yields reflect lower long-run inflation expectations or flight-to-safety into duration.
- A flatter 30Y/10Y spread suggests waning long-end inflation premium.
Use Cases
- Use as a long-horizon discount rate for fundamental BTC valuation models.
- Compare moves in
macro_tlt(the 20+ year Treasury ETF) with the 30Y yield to confirm duration flows. - Combine with
macro_real_yieldto assess whether long-end moves are inflation-driven or growth-driven — a key input for BTC's "store-of-value" thesis.
API Usage
curl -H "Authorization: Bearer YOUR_API_KEY" \
"https://api.blocklens.co/v1/macro/rates?start_date=2024-01-01&end_date=2024-12-31&limit=365"
Related Metrics
- 10-Year Treasury Yield — US 10-year Treasury constant maturity yield (%, daily)
- 2-Year Treasury Yield — US 2-year Treasury constant maturity yield (%, daily)
- iShares 20+ Yr Treasury (TLT) — Long-duration Treasury bond ETF closing price ($, daily)
- Real 10-Year Yield — 10Y Treasury yield minus 12-month CPI YoY (%, daily)