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% |