10-2 Year Treasury Yield Spread (I:102YTYS)
Level Chart
Basic Info
|
10-2 Year Treasury Yield Spread is at -0.35%, compared to -0.34% the previous market day and -0.60% last year. This is lower than the long term average of 0.87%. |
|
The 10-2 Treasury Yield Spread is the difference between the 10 year treasury rate and the 2 year treasury rate. A 10-2 treasury spread that approaches 0 signifies a "flattening" yield curve. A negative 10-2 yield spread has historically been viewed as a precursor to a recessionary period. A negative 10-2 spread has predicted every recession from 1955 to 2018, but has occurred 6-24 months before the recession occurring, and is thus seen as a far-leading indicator. The 10-2 spread reached a high of 2.91% in 2011, and went as low as -2.41% in 1980. |
| Report | Daily Treasury Yield Curve Rates |
| Category | Interest Rates |
| Region | United States |
| Source | Department of the Treasury |
Stats
| Last Value | -0.35% |
| Latest Period | Apr 19 2024 |
| Last Updated | Apr 19 2024, 18:05 EDT |
| Long Term Average | 0.87% |
| Average Growth Rate | -91.49% |
| Value from The Previous Market Day | -0.34% |
| Change from The Previous Market Day | N/A |
| Value from 1 Year Ago | -0.60% |
| Change from 1 Year Ago | N/A |
| Frequency | Market Daily |
| Unit | Percent |
| Adjustment | N/A |
| Formula | 10 Year Treasury Rate - 2 Year Treasury Rate |
Historical Data
| Date | Value |
|---|---|
| April 19, 2024 | -0.35% |
| April 18, 2024 | -0.34% |
| April 17, 2024 | -0.34% |
| April 16, 2024 | -0.30% |
| April 15, 2024 | -0.30% |
| April 12, 2024 | -0.38% |
| April 11, 2024 | -0.37% |
| April 10, 2024 | -0.42% |
| April 09, 2024 | -0.38% |
| April 08, 2024 | -0.36% |
| April 05, 2024 | -0.34% |
| April 04, 2024 | -0.34% |
| April 03, 2024 | -0.32% |
| April 02, 2024 | -0.34% |
| April 01, 2024 | -0.39% |
| March 28, 2024 | -0.39% |
| March 27, 2024 | -0.34% |
| March 26, 2024 | -0.32% |
| March 25, 2024 | -0.29% |
| March 22, 2024 | -0.37% |
| March 21, 2024 | -0.35% |
| March 20, 2024 | -0.32% |
| March 19, 2024 | -0.38% |
| March 18, 2024 | -0.39% |
| March 15, 2024 | -0.41% |
| Date | Value |
|---|---|
| March 14, 2024 | -0.39% |
| March 13, 2024 | -0.42% |
| March 12, 2024 | -0.42% |
| March 11, 2024 | -0.41% |
| March 08, 2024 | -0.39% |
| March 07, 2024 | -0.41% |
| March 06, 2024 | -0.44% |
| March 05, 2024 | -0.41% |
| March 04, 2024 | -0.39% |
| March 01, 2024 | -0.35% |
| February 29, 2024 | -0.39% |
| February 28, 2024 | -0.37% |
| February 27, 2024 | -0.39% |
| February 26, 2024 | -0.41% |
| February 23, 2024 | -0.41% |
| February 22, 2024 | -0.36% |
| February 21, 2024 | -0.32% |
| February 20, 2024 | -0.32% |
| February 16, 2024 | -0.34% |
| February 15, 2024 | -0.32% |
| February 14, 2024 | -0.29% |
| February 13, 2024 | -0.33% |
| February 12, 2024 | -0.29% |
| February 09, 2024 | -0.31% |
| February 08, 2024 | -0.31% |
Basic Info
|
10-2 Year Treasury Yield Spread is at -0.35%, compared to -0.34% the previous market day and -0.60% last year. This is lower than the long term average of 0.87%. |
|
The 10-2 Treasury Yield Spread is the difference between the 10 year treasury rate and the 2 year treasury rate. A 10-2 treasury spread that approaches 0 signifies a "flattening" yield curve. A negative 10-2 yield spread has historically been viewed as a precursor to a recessionary period. A negative 10-2 spread has predicted every recession from 1955 to 2018, but has occurred 6-24 months before the recession occurring, and is thus seen as a far-leading indicator. The 10-2 spread reached a high of 2.91% in 2011, and went as low as -2.41% in 1980. |
| Report | Daily Treasury Yield Curve Rates |
| Category | Interest Rates |
| Region | United States |
| Source | Department of the Treasury |
Stats
| Last Value | -0.35% |
| Latest Period | Apr 19 2024 |
| Last Updated | Apr 19 2024, 18:05 EDT |
| Long Term Average | 0.87% |
| Average Growth Rate | -91.49% |
| Value from The Previous Market Day | -0.34% |
| Change from The Previous Market Day | N/A |
| Value from 1 Year Ago | -0.60% |
| Change from 1 Year Ago | N/A |
| Frequency | Market Daily |
| Unit | Percent |
| Adjustment | N/A |
| Formula | 10 Year Treasury Rate - 2 Year Treasury Rate |
Related Indicators
| Treasury Yield Curve |
| 1 Month Treasury Rate | 5.49% |
| 1 Year Treasury Rate | 5.17% |
| 10 Year Treasury Rate | 4.62% |
| 10 Year-3 Month Treasury Yield Spread | -0.83% |
| 20 Year Treasury Rate | 4.83% |
| 3 Month Treasury Rate | 5.45% |
| 3 Year Treasury Rate | 4.81% |
| 30 Year Treasury Rate | 4.72% |
| 30-10 Year Treasury Yield Spread | 0.10% |
| 5 Year Treasury Rate | 4.66% |
| 6 Month Treasury Rate | 5.39% |
| 7 Year Treasury Rate | 4.65% |
| US Economy |
| ADP Employment Change | 184000.0 |
| Effective Federal Funds Rate | 5.33% |
| US Durable Goods New Orders MoM | 1.37% |
| US Housing Starts MoM | -14.72% |
| US Index of Consumer Sentiment | 77.90 |
| US Inflation Rate | 3.48% |
| US Initial Claims for Unemployment Insurance | 212000.0 |
| US ISM Manufacturing PMI | 50.30 |
| US Real GDP QoQ | 3.40% |
| US Retail and Food Services Sales MoM | 0.72% |
| US Unemployment Rate | 3.80% |