What is the current sovereign Bond Spread vs US Treasuries in European Union?

The latest reading is −78.70 bps for September 2026, published by Makrognosis (computed from agency-direct inputs).

Where does this data come from?

It is collected directly from Makrognosis (computed from agency-direct inputs) and is available through the Makrognosis API under the code EU.SOVSPREAD.M.NSA.

European Union Sovereign Bond Spread vs US Treasuries

Name: European Union Sovereign Bond Spread vs US Treasuries
Creator: Makrognosis (computed from agency-direct inputs)

MonthlyNot seasonally adjustedCode EU.SOVSPREAD.M.NSA

Latest−78.70 bpsSeptember 2026

Previous−80.50 bpsAugust 2026

Year ago−61.30 bpsSeptember 2025

European Union Sovereign Bond Spread vs US Treasuries was −78.70 bps in September 2026, up 1.80 from August 2026 and down 17.40 from a year earlier.

Over the past ten years it has ranged from −163.7 bps (Nov 2018) to 4.00 bps (Apr 2023), averaging −91.11 bps.

European Union Sovereign Bond Spread vs US Treasuries (bps), Jan 2001 – Sep 2026. Source: Makrognosis (computed from agency-direct inputs).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

Period	Value
September 2026	−78.70 bps
August 2026	−80.50 bps
July 2026	−85.30 bps
June 2026	−83.60 bps
May 2026	−75.30 bps
April 2026	−61.20 bps
March 2026	−58.30 bps
February 2026	−72.50 bps
January 2026	−70.60 bps
December 2025	−60.50 bps
November 2025	−65.90 bps
October 2025	−63.70 bps
September 2025	−61.30 bps
August 2025	−79.20 bps
July 2025	−95.20 bps
June 2025	−99.70 bps
May 2025	−102.2 bps
April 2025	−89.20 bps
March 2025	−70.50 bps
February 2025	−113.3 bps
January 2025	−120.7 bps
December 2024	−125.1 bps
November 2024	−111.6 bps
October 2024	−92.50 bps

Last 24 observations. The full history (309 observations) is available through the API.

Get European Union Sovereign Bond Spread vs US Treasuries in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/EU.SOVSPREAD.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/EU.SOVSPREAD.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]

Get a free API key → · API docs

About this series

Latest observation	September 2026
First observation	January 2001
Observations	309
Frequency	Monthly
Units	bps
Adjustment	Not seasonally adjusted
10-year high	4.00 bps (Apr 2023)
10-year low	−163.7 bps (Nov 2018)
10-year average	−91.11 bps
Source agency	Makrognosis (computed from agency-direct inputs)
Makrognosis code	EU.SOVSPREAD.M.NSA

This series is a labelled reference series (an official figure republished by an aggregator) rather than a first print from the agency itself.

Compare across countries

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FAQ

What is the current sovereign Bond Spread vs US Treasuries in European Union?: The latest reading is −78.70 bps for September 2026, published by Makrognosis (computed from agency-direct inputs).
Where does this data come from?: It is collected directly from Makrognosis (computed from agency-direct inputs) and is available through the Makrognosis API under the code EU.SOVSPREAD.M.NSA.

Last updated 2026-10-23. Source: Makrognosis (computed from agency-direct inputs). Original title: “EU 10-Year Sovereign Spread vs U.S. Treasury (Makrognosis proxy; GOV10Y − US 10Y)”.