10-2 Year Treasury Yield Spread (I:102YTYS)
Level Chart
Basic Info
10-2 Year Treasury Yield Spread is at -0.16%, compared to -0.14% the previous market day and -0.90% last year. This is lower than the long term average of 0.86%. |
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 | -0.16% |
Latest Period | Jul 26 2024 |
Last Updated | Jul 26 2024, 18:01 EDT |
Long Term Average | 0.86% |
Average Growth Rate | -91.36% |
Value from The Previous Market Day | -0.14% |
Change from The Previous Market Day | N/A |
Value from 1 Year Ago | -0.90% |
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 |
---|---|
July 26, 2024 | -0.16% |
July 25, 2024 | -0.14% |
July 24, 2024 | -0.09% |
July 23, 2024 | -0.15% |
July 22, 2024 | -0.24% |
July 19, 2024 | -0.24% |
July 18, 2024 | -0.26% |
July 17, 2024 | -0.26% |
July 16, 2024 | -0.26% |
July 15, 2024 | -0.21% |
July 12, 2024 | -0.27% |
July 11, 2024 | -0.30% |
July 10, 2024 | -0.34% |
July 09, 2024 | -0.32% |
July 08, 2024 | -0.34% |
July 05, 2024 | -0.32% |
July 03, 2024 | -0.35% |
July 02, 2024 | -0.31% |
July 01, 2024 | -0.29% |
June 28, 2024 | -0.35% |
June 27, 2024 | -0.41% |
June 26, 2024 | -0.39% |
June 25, 2024 | -0.42% |
June 24, 2024 | -0.46% |
June 21, 2024 | -0.45% |
Date | Value |
---|---|
June 20, 2024 | -0.45% |
June 18, 2024 | -0.47% |
June 17, 2024 | -0.47% |
June 14, 2024 | -0.47% |
June 13, 2024 | -0.44% |
June 12, 2024 | -0.44% |
June 11, 2024 | -0.42% |
June 10, 2024 | -0.40% |
June 07, 2024 | -0.44% |
June 06, 2024 | -0.44% |
June 05, 2024 | -0.43% |
June 04, 2024 | -0.44% |
June 03, 2024 | -0.41% |
May 31, 2024 | -0.38% |
May 30, 2024 | -0.37% |
May 29, 2024 | -0.35% |
May 28, 2024 | -0.40% |
May 24, 2024 | -0.47% |
May 23, 2024 | -0.44% |
May 22, 2024 | -0.43% |
May 21, 2024 | -0.41% |
May 20, 2024 | -0.38% |
May 17, 2024 | -0.41% |
May 16, 2024 | -0.40% |
May 15, 2024 | -0.37% |
News
Basic Info
10-2 Year Treasury Yield Spread is at -0.16%, compared to -0.14% the previous market day and -0.90% last year. This is lower than the long term average of 0.86%. |
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 | -0.16% |
Latest Period | Jul 26 2024 |
Last Updated | Jul 26 2024, 18:01 EDT |
Long Term Average | 0.86% |
Average Growth Rate | -91.36% |
Value from The Previous Market Day | -0.14% |
Change from The Previous Market Day | N/A |
Value from 1 Year Ago | -0.90% |
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 | 4.79% |
10 Year Treasury Rate | 4.20% |
10 Year-3 Month Treasury Yield Spread | -1.18% |
20 Year Treasury Rate | 4.53% |
3 Month Treasury Rate | 5.38% |
3 Year Treasury Rate | 4.20% |
30 Year Treasury Rate | 4.45% |
30-10 Year Treasury Yield Spread | 0.25% |
5 Year Treasury Rate | 4.06% |
6 Month Treasury Rate | 5.18% |
7 Year Treasury Rate | 4.10% |
US Economy |
ADP Employment Change | 150000.0 |
Effective Federal Funds Rate | 5.33% |
US Durable Goods New Orders MoM | -6.56% |
US Housing Starts MoM | 2.97% |
US Index of Consumer Sentiment | 66.40 |
US Inflation Rate | 2.97% |
US Initial Claims for Unemployment Insurance | 235000.0 |
US ISM Manufacturing PMI | 48.50 |
US Real GDP QoQ | 2.80% |
US Retail and Food Services Sales MoM | -0.02% |
US Unemployment Rate | 4.10% |