UST2Y · rate
US 2-Year Treasury Yield
Daily par yield for US Treasury securities at a constant 2-year maturity, published by the US Department of the Treasury.
Daily yieldSingle sourceStatus
10-year minus 2-year yield
+37 bps
Higher than 30% of month-end readings since 1990 (30th percentile); long-run median +83 bps.
Negative means an inverted yield curve, which has preceded most US recessions since the 1970s, with variable lags.
US 2-Year Treasury Yield chart
Daily observations.244 observations, simplified for display.History from Jan 2, 1990.
Key statistics
Previous close
4.79%
52-week range
3.38% – 4.92%
Year to date
+135 bps
1-year change
+134 bps
All-time high
9.05%
All-time low
0.09%
5-year change
+446 bps
10-year change
+398 bps
1-year range width
+154 bps
Largest peak-to-trough move
−896 bps
Historical percentile
72nd
Best / worst year
2022 +368 bps / 1995 −251 bps
Performance
| Period | From | Start | Change |
|---|---|---|---|
| 1 day | Oct 14, 2026 | 4.79% | +0.03% |
| 1 week | Oct 7, 2026 | 4.77% | +0.05% |
| 1 month | Sep 4, 2026 | 4.37% | +0.45% |
| 3 months | Jul 14, 2026 | 4.18% | +0.64% |
| 6 months | Apr 14, 2026 | 3.76% | +1.06% |
| Year to date | Dec 31, 2025 | 3.47% | +1.35% |
| 1 year | Oct 14, 2025 | 3.48% | +1.34% |
| 3 years | Oct 13, 2023 | 5.04% | −0.22% |
| 5 years | Oct 14, 2021 | 0.36% | +4.46% |
| 10 years | Oct 14, 2016 | 0.84% | +3.98% |
| 20 years | Oct 13, 2006 | 4.87% | −0.05% |
| All history | Jan 2, 1990 | 7.87% | −3.05% |
Calendar years
| Year | Start | End | Change |
|---|---|---|---|
| 2026YTD | 3.47% | 4.82% | +135 bps |
| 2025 | 4.25% | 3.47% | −78 bps |
| 2024 | 4.23% | 4.25% | +2 bps |
| 2023 | 4.41% | 4.23% | −18 bps |
| 2022 | 0.73% | 4.41% | +368 bps |
| 2021 | 0.13% | 0.73% | +60 bps |
| 2020 | 1.58% | 0.13% | −145 bps |
| 2019 | 2.48% | 1.58% | −90 bps |
| 2018 | 1.89% | 2.48% | +59 bps |
| 2017 | 1.20% | 1.89% | +69 bps |
| 2016 | 1.06% | 1.20% | +14 bps |
| 2015 | 0.67% | 1.06% | +39 bps |
| 2014 | 0.38% | 0.67% | +29 bps |
| 2013 | 0.25% | 0.38% | +13 bps |
| 2012 | 0.25% | 0.25% | 0 bps |
Where this data comes from
| Source | Data type | Coverage |
|---|---|---|
| US Treasury — Daily Par Yield CurveofficialUS 2-Year Treasury Yield | Daily yielddaily | Jan 2, 1990 – Oct 14, 20269,195 observations |
Price history is stored as published for reproducibility. The current quote is refreshed every 15 seconds from the live feed and labelled with its sources and observation time.
Current quote
- Type: Daily yield
- Consensus: Single source from one source
- Primary source: US Treasury — Daily Par Yield Curve
- Observed: Oct 14, 2026
History
From Jan 2, 1990. 9,195 daily points.
Attribution
- Source: U.S. Department of the Treasury, Daily Treasury Par Yield Curve Rates
About this series
Treasury yields are par yields published daily by the U.S. Department of the Treasury from bid-side market quotations around 3:30 PM Eastern, interpolated to constant maturities. They are quoted in percent; daily changes are shown in basis points (1 bp = 0.01 percentage point).
How to read the numbers
The 10-year yield is the reference rate for mortgages and long-term borrowing; the 2-year tracks expectations for Federal Reserve policy. When the 2-year exceeds the 10-year the curve is inverted, which has preceded most US recessions since the 1970s, though with variable lags.