10-year Treasury yield was 4.95% on September 10

4.95% was the U.S. 10-year Treasury yield — the constant-maturity rate, adjusted to a steady 10-year term — on September 10, 2026, according to FRED. It helps set mortgages and long-term business borrowing. I see it as today's anchor for pricing distant payments, not a signal of where rates go next.