10 Year SOFR Swap Rate: Current & Historical
The 10 year SOFR swap rate is the annual fixed rate exchanged for annually paid, compounded SOFR over the next 10 years. Check the current rate, its one-year chart and daily history, with downloads straight to Excel.
USD · 10Y · SOFR
52-wk range
3.49% – 4.33%
Last update:
Recent daily closes
| Date | Rate | Daily change |
|---|---|---|
| Live | – | |
| 19 Aug 2026 | 4.25% | -4 bp |
| 18 Aug 2026 | 4.29% | -2 bp |
| 17 Aug 2026 | 4.31% | +3 bp |
| 14 Aug 2026 | 4.28% | +5 bp |
| 13 Aug 2026 | 4.23% | -4 bp |
| 12 Aug 2026 | 4.28% | 0 bp |
| 11 Aug 2026 | 4.27% | -1 bp |
| 10 Aug 2026 | 4.29% | +4 bp |
| 07 Aug 2026 | 4.25% | -1 bp |
| 06 Aug 2026 | 4.26% | +5 bp |
Rates built from interdealer broker and exchange quotes. Read how we build these rates.
This is yesterday's close
See the live 10 year SOFR swap rate
- Live mids, refreshed every minute
- Full 10 year daily history to Excel
- Every SOFR tenor, 1 to 50 years
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Live 10 year SOFR in Excel & API
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// Excel: live SOFR swap rate in a cell =BlueGamma.SWAP_RATE("SOFR", start_date, maturity_date, "1Y") # API: the same rate, one GET away GET api.bluegamma.io/v1/swap_rate ?index=SOFR&start_date=2D&maturity_date=10Y x-api-key: your_api_key
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FAQs
The 10 year SOFR swap rate is the annual fixed interest rate that market participants exchange for annually paid, compounded SOFR over the next 10 years. It is set in the interdealer swap market and moves continuously with expectations for Federal Reserve policy.
The rate shown on this page is the previous US business day's close; the live rate is available in the BlueGamma app.
Three common reasons:
- Timing: this page shows the previous US business day's mid-market close, while banks quote off the live curve, which moves through the day.
- Spread: the mid-market rate is the raw interbank level. A bank's quote adds a credit and execution charge, and on a loan a lending margin on top.
- Conventions: a quote using a different payment frequency or day count will differ slightly from the annual/annual rate shown here.
If you are comparing a quote against the market, compare it with the live mid rate at the time of the quote.
They are related but measure different things. The swap rate reflects expected compounded SOFR over the next 10 years, while the Treasury yield reflects the US government's borrowing cost, which also depends on Treasury supply and demand.
The gap between them is the swap spread, watched as a signal of dealer balance-sheet capacity and hedging demand. The two usually move together but can diverge materially, and USD swap rates have often traded below Treasury yields at longer maturities in recent years.
This page shows the last 12 months of daily closes, the 52-week range and dated lookbacks.
The BlueGamma app carries the full daily history for every SOFR tenor, alongside 20+ other currencies, with downloads straight to Excel.
BlueGamma takes quotes directly from leading inter-dealer brokers and exchanges, bootstraps them into ready-to-use curves, and validates the output for consistency on a regular basis.
The rates shown on this page are the previous US business day’s close. Live rates, refreshed every minute, are available in the BlueGamma app with a free trial.
Yes. USD SOFR CMS 10Y, short for constant maturity swap, is another name for the 10 year SOFR swap rate: the fixed rate a new 10-year USD swap sets today. Structured notes with CMS-linked coupons, including many Formosa bonds, reset off this rate on each fixing date.
The table above shows the previous close for the 10 year tenor; live intraday rates and the full daily history are available in the BlueGamma app.
More on SOFR
SOFR Swap Rates for All Tenors
The full rates table: every liquid tenor from 1 to 50 years with one-week, one-month and one-year history.
SOFR Forward Curve
The market-implied path for SOFR: live forward curve, charted and downloadable.
Federal Reserve Rate Forecast
Market-implied probabilities for the next FOMC meeting and the fed funds path ahead.
Compounded SOFR
Daily and period-compounded SOFR rates for floating-leg calculations.
More from BlueGamma
Or browse the full swap rate catalogue, covering all 86 rates across 33 currencies.