10-2 Year Treasury Yield Spread (I:102YTYS)
Basic Info
10-2 Year Treasury Yield Spread is at -0.47%, compared to -0.41% the previous market day and 0.11% last year. This is lower than the long term average of 0.90%. |
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 | -0.47% |
Latest Period | Mar 28 2023 |
Last Updated | Mar 28 2023, 18:04 EDT |
Long Term Average | 0.90% |
Average Growth Rate | -97.21% |
Value from The Previous Market Day | -0.41% |
Change from The Previous Market Day | N/A |
Value from 1 Year Ago | 0.11% |
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 |
---|---|
March 28, 2023 | -0.47% |
March 27, 2023 | -0.41% |
March 24, 2023 | -0.38% |
March 23, 2023 | -0.38% |
March 22, 2023 | -0.48% |
March 21, 2023 | -0.58% |
March 20, 2023 | -0.45% |
March 17, 2023 | -0.42% |
March 16, 2023 | -0.58% |
March 15, 2023 | -0.42% |
March 14, 2023 | -0.56% |
March 13, 2023 | -0.48% |
March 10, 2023 | -0.90% |
March 09, 2023 | -0.97% |
March 08, 2023 | -1.07% |
March 07, 2023 | -1.03% |
March 06, 2023 | -0.91% |
March 03, 2023 | -0.89% |
March 02, 2023 | -0.81% |
March 01, 2023 | -0.88% |
February 28, 2023 | -0.89% |
February 27, 2023 | -0.86% |
February 24, 2023 | -0.83% |
February 23, 2023 | -0.78% |
February 22, 2023 | -0.73% |
Date | Value |
---|---|
February 21, 2023 | -0.72% |
February 17, 2023 | -0.78% |
February 16, 2023 | -0.76% |
February 15, 2023 | -0.81% |
February 14, 2023 | -0.83% |
February 13, 2023 | -0.80% |
February 10, 2023 | -0.76% |
February 09, 2023 | -0.81% |
February 08, 2023 | -0.82% |
February 07, 2023 | -0.80% |
February 06, 2023 | -0.81% |
February 03, 2023 | -0.77% |
February 02, 2023 | -0.69% |
February 01, 2023 | -0.70% |
January 31, 2023 | -0.69% |
January 30, 2023 | -0.70% |
January 27, 2023 | -0.67% |
January 26, 2023 | -0.68% |
January 25, 2023 | -0.65% |
January 24, 2023 | -0.66% |
January 23, 2023 | -0.69% |
January 20, 2023 | -0.66% |
January 19, 2023 | -0.70% |
January 18, 2023 | -0.69% |
January 17, 2023 | -0.65% |
Basic Info
10-2 Year Treasury Yield Spread is at -0.47%, compared to -0.41% the previous market day and 0.11% last year. This is lower than the long term average of 0.90%. |
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 | -0.47% |
Latest Period | Mar 28 2023 |
Last Updated | Mar 28 2023, 18:04 EDT |
Long Term Average | 0.90% |
Average Growth Rate | -97.21% |
Value from The Previous Market Day | -0.41% |
Change from The Previous Market Day | N/A |
Value from 1 Year Ago | 0.11% |
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 | 4.24% |
1 Year Treasury Rate | 4.55% |
10 Year Treasury Rate | 3.55% |
10 Year-3 Month Treasury Yield Spread | -1.25% |
20 Year Treasury Rate | 3.90% |
3 Month Treasury Rate | 4.80% |
3 Year Treasury Rate | 3.84% |
30 Year Treasury Rate | 3.77% |
30-10 Year Treasury Yield Spread | 0.22% |
5 Year Treasury Rate | 3.63% |
6 Month Treasury Rate | 4.90% |
7 Year Treasury Rate | 3.60% |
US Economy |
ADP Employment Change | 242000.0 |
Effective Federal Funds Rate | 4.83% |
US Durable Goods New Orders MoM | -0.95% |
US Housing Starts MoM | 9.77% |
US Index of Consumer Sentiment | 63.40 |
US Inflation Rate | 6.04% |
US Initial Claims for Unemployment Insurance | 191000.0 |
US ISM Manufacturing PMI | 47.70 |
US Real GDP QoQ | 2.70% |
US Retail and Food Services Sales MoM | -0.40% |
US Unemployment Rate | 3.60% |