Actual
3.5680
Daily Change
-0.0352
Monthly
0.001%
Yearly
0.30%
Q3 Forecast
3.5308
Spain 10-Year Government Bond Yield - Summary

The yield on Spain 10Y Bond Yield eased to 3.57% on August 13, 2026, marking a 0.04 percentage points decrease from the previous session. Over the past month, the yield has remained flat, and it is 0.30 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity.

Spain 10-Year Government Bond Yield - Stats

Historically, the Spain 10-Year Government Bond Yield reached an all time high of 14.03 in October of 1992. Spain 10-Year Government Bond Yield - data, forecasts, historical chart - was last updated on August 13 of 2026.

Spain 10-Year Government Bond Yield - Forecast

The Spain 10-Year Government Bond Yield is expected to trade at 3.53 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 3.34 in 12 months time.



Bonds Yield Day Month Year Date
Spain 10Y 3.57 -0.038% 0.001% 0.303% Aug/13
Spain 52W 2.65 0.004% 0.040% 0.675% Aug/13
Spain 2Y 2.83 -0.021% 0.026% 0.777% Aug/13
Spain 3M 2.42 0.007% 0.043% 0.426% Aug/13
Spain 3Y 2.88 -0.041% 0.007% 0.663% Aug/13
Spain 5Y 3.03 -0.045% -0.003% 0.533% Aug/13
Spain 6M 2.54 0.006% 0.015% 0.560% Aug/13
Spain 15Y 3.92 -0.005% 0.025% 0.180% Aug/13
Spain 30Y 4.27 -0.029% 0.001% 0.159% Aug/13
Spain 7Y 3.21 -0.046% -0.007% 0.485% Aug/13



Related Last Previous Unit Reference
Spain Inflation Rate 3.60 3.20 percent Jul 2026
Spain Interest Rate 2.40 2.40 percent Jul 2026
Spain Unemployment Rate 9.87 10.83 percent Jun 2026

Spain 10-Year Government Bond Yield
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
Actual Previous Highest Lowest Dates Unit Frequency
3.57 3.60 14.03 -0.02 1991 - 2026 percent Daily

News Stream
Spain’s Yield Rises as ECB Adopts Hawkish Stance
Spain’s 10-year Obligacion yield reached 3.5%, its highest level since March 2025, following the European Central Bank’s decision to hold rates while adopting a more hawkish tone. The ECB reiterated its commitment to a 2% medium-term inflation target, emphasizing that the Middle East conflict has increased uncertainty, elevating inflation risks and weighing on economic growth. The central bank raised its 2026 inflation forecast and lowered growth expectations, attributing the revisions to the war’s impact on commodity prices, household incomes, and confidence. Markets are now pricing in 60 basis points of ECB tightening this year, indicating at least two quarter-point rate hikes.
2026-03-19
Spain’s 10-Year Yield Hits One-Year High
Spain’s 10-year Obligacion yield climbed to 3.5%, its highest since March 2025, as investors bet on ECB rate hikes before today’s decision. The US-Israeli conflict with Iran has sent energy prices soaring, a 25% jump in European gas and Brent crude at $117/barrel, fueling inflation fears and erasing hopes of rate cuts. Markets now price in over 55 basis points of ECB tightening by year-end, or at least two quarter-point hikes, with the first hike fully expected by June, a sharp turn from pre-war expectations of possible easing.
2026-03-19
Spain 10Y Bond Yield Hits 12-month High
Spain 10 Year Government Bond Yield increased to 3.50%, the highest since March 2025. Over the past 4 weeks, Spain 10Y Bond Yield gained 34.40 basis points, and in the last 12 months, it increased 6.90 basis points.
2026-03-19