10-2 Year Treasury Yield Spread
Level Chart
Basic Info
|
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. 10-2 Year Treasury Yield Spread is at 1.08%, compared to 1.07% the previous market day and 0.43% last year. This is higher than the long term average of 0.93%. |
| Report | Daily Treasury Yield Curve Rates |
| Category | Interest Rates |
| Region | United States |
| Source | Department of the Treasury |
Stats
| Last Value | 1.08% |
| Latest Period | Jul 23 2021 |
| Last Updated | Jul 23 2021, 18:01 EDT |
| Next Release | |
| Long Term Average | 0.93% |
| Average Growth Rate | -102.0% |
| Value from 1 Year Ago | 0.43% |
| Change from 1 Year Ago | 151.2% |
| Frequency | Market Daily |
| Unit | Percent |
| Adjustment | N/A |
| Formula | 10 Year Treasury Rate - 2 Year Treasury Rate |
Historical Data
| Date | Value |
|---|---|
| July 23, 2021 | 1.08% |
| July 22, 2021 | 1.07% |
| July 21, 2021 | 1.08% |
| July 20, 2021 | 1.03% |
| July 19, 2021 | 0.98% |
| July 16, 2021 | 1.06% |
| July 15, 2021 | 1.08% |
| July 14, 2021 | 1.14% |
| July 13, 2021 | 1.16% |
| July 12, 2021 | 1.15% |
| July 09, 2021 | 1.14% |
| July 08, 2021 | 1.11% |
| July 07, 2021 | 1.11% |
| July 06, 2021 | 1.15% |
| July 02, 2021 | 1.20% |
| July 01, 2021 | 1.23% |
| June 30, 2021 | 1.20% |
| June 29, 2021 | 1.22% |
| June 28, 2021 | 1.24% |
| June 25, 2021 | 1.26% |
| June 24, 2021 | 1.23% |
| June 23, 2021 | 1.24% |
| June 22, 2021 | 1.23% |
| June 21, 2021 | 1.23% |
| June 18, 2021 | 1.19% |
| Date | Value |
|---|---|
| June 17, 2021 | 1.29% |
| June 16, 2021 | 1.36% |
| June 15, 2021 | 1.35% |
| June 14, 2021 | 1.35% |
| June 11, 2021 | 1.31% |
| June 10, 2021 | 1.31% |
| June 09, 2021 | 1.34% |
| June 08, 2021 | 1.39% |
| June 07, 2021 | 1.41% |
| June 04, 2021 | 1.42% |
| June 03, 2021 | 1.47% |
| June 02, 2021 | 1.46% |
| June 01, 2021 | 1.46% |
| May 28, 2021 | 1.44% |
| May 27, 2021 | 1.47% |
| May 26, 2021 | 1.44% |
| May 25, 2021 | 1.41% |
| May 24, 2021 | 1.46% |
| May 21, 2021 | 1.46% |
| May 20, 2021 | 1.48% |
| May 19, 2021 | 1.52% |
| May 18, 2021 | 1.48% |
| May 17, 2021 | 1.48% |
| May 14, 2021 | 1.47% |
| May 13, 2021 | 1.50% |
Basic Info
|
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. 10-2 Year Treasury Yield Spread is at 1.08%, compared to 1.07% the previous market day and 0.43% last year. This is higher than the long term average of 0.93%. |
| Report | Daily Treasury Yield Curve Rates |
| Category | Interest Rates |
| Region | United States |
| Source | Department of the Treasury |
Stats
| Last Value | 1.08% |
| Latest Period | Jul 23 2021 |
| Last Updated | Jul 23 2021, 18:01 EDT |
| Next Release | |
| Long Term Average | 0.93% |
| Average Growth Rate | -102.0% |
| Value from 1 Year Ago | 0.43% |
| Change from 1 Year Ago | 151.2% |
| 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 | 0.05% |
| 1 Year Treasury Rate | 0.07% |
| 10 Year Treasury Rate | 1.30% |
| 10 Year-3 Month Treasury Yield Spread | 1.25% |
| 20 Year Treasury Rate | 1.85% |
| 3 Month Treasury Rate | 0.05% |
| 3 Year Treasury Rate | 0.38% |
| 30 Year Treasury Rate | 1.92% |
| 30-10 Year Treasury Yield Spread | 0.62% |
| 5 Year Treasury Rate | 0.72% |
| 6 Month Treasury Rate | 0.05% |
| 7 Year Treasury Rate | 1.04% |
| US Economy |
| ADP Nonfarm Payrolls MoM | 691.54K |
| Effective Federal Funds Rate | 0.10% |
| US Durable Goods New Orders MoM | 2.32% |
| US Housing Starts MoM | 6.27% |
| US Index of Consumer Sentiment | 80.80 |
| US Inflation Rate | 5.39% |
| US Initial Claims for Unemployment Insurance | 419000.0 |
| US ISM Manufacturing PMI | 60.60 |
| US Real GDP QoQ | 6.40% |
| US Retail and Food Services Sales MoM | 0.55% |
| US Unemployment Rate | 5.90% |