Investment 10 Year Treasury Yields

BOISE MSA | Q3 2026 INVESTMENT MARKET TRENDS

10-YEAR TREASURY YIELD

The 10-year Treasury yield ended July at 4.8 percent, keeping borrowing costs elevated and maintaining pressure on cap rates.

• Average retail cap rates remained stable at 6.1 percent, consistent with both last year and the relatively narrow range recorded over the past several years.
• Multifamily cap rates were also unchanged at 5.2 percent.
• In contrast, office cap rates increased to 6.4 percent from 6.1 percent.
• Industrial cap rates rose 50 basis points to 6.5 percent.