Government Bond Spreads

Spreads are calculated in basis points as (country yield − benchmark yield) × 100. Both observations must have the same date or month, frequency and maturity label. Missing matches are not filled forward. The latest matching period in the chart can differ from a country’s latest individual reading.

Monthly averages are not today’s tradable yields. Daily series use national conventions: constant-maturity, interpolated or selected benchmark yields. UK data is the Bank of England nominal par curve. Rows marked Fitted curve use bondScovery sovereign curves built from end-of-day executions and quotes. Their methodology differs from a single benchmark bond and from official par yields. These comparisons are indicative, not currency-hedged returns or identical securities. Local closes are not simultaneous quotes.

History depends on each source’s available records. Twelve-month highs and lows use observations within the preceding year; incomplete or saved summaries may omit them. Older readings are excluded by default. No value is substituted with zero.

Monthly government yields: OECD and Eurostat. Daily yields: U.S. Department of the Treasury, Deutsche Bundesbank, Japan Ministry of Finance, Reserve Bank of Australia, Norges Bank, Sveriges Riksbank Monetary Authority of Singapore and Bank of England. South Korea: Ministry of Finance and Economy daily economic indicators. Additional daily sovereign curves: bondScovery (CC BY 4.0). FOLITIC calculates all spreads. Data is cached and checked periodically; publication schedules and revisions determine freshness.

The compact Fed Rate Monitor uses FOLITIC’s existing prediction-market estimates. It is separate from government bond yields and is not CME FedWatch.

Source: Reserve Bank of Australia 2026.

Contains information licensed under the Norwegian Licence for Open Government Data (NLOD), distributed by Norges Bank. Underlying Swedish yields: Sveriges Riksbank. Derived spreads and presentation: FOLITIC.

Contains Singapore Government Securities benchmark yield data from the Monetary Authority of Singapore, available under the MAS Terms of Use of Datasets. Accessed: Oct 17, 2026. MAS Terms of Use of Datasets ↗

The data publishers do not endorse FOLITIC or these calculations.

Gulf, Indonesian and Philippine curves shown here represent USD-denominated sovereign bonds, not domestic-currency yields. Other new curves use CAD, EUR, CHF, KRW, CNY, HKD and INR as shown. A missing tenor is not interpolated by FOLITIC. Individual maturities can have different latest dates. Curve history is available only for dates supplied; gaps are not forward-filled.

Contains Bank of England database information licensed under the Open Government Licence v3.0. FOLITIC derives spreads; the Bank does not endorse this service. Bank of England database ↗ · OGL v3.0 ↗

Sovereign curve data: bondScovery, licensed under CC BY 4.0. FOLITIC selects and reformats observations and calculates spreads; fitted yields remain attributed to bondScovery. Data is provided without warranty. Required attribution must be retained when reusing exported data. bondScovery ↗ · Methodology ↗ · CC BY 4.0 ↗

South Korea: Ministry of Finance and Economy, Daily Economic Indicators (open-data dataset 3034223; free, unrestricted reuse). The 3Y Treasury yield is the daily bulletin reading at 16:00 KST, rounded to two decimals. It is not a 10Y yield. FOLITIC uses the observation dates printed in each bulletin and calculates spreads; history starts with available bulletins and builds over time. Korean open-data catalogue ↗ · Daily bulletins ↗