Graph and download economic data for Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity, Quoted on an Investment Basis (DGS2) from 1976-06-01 to 2025-07-10 about 2-year, maturity, Treasury, interest rate, interest, rate, and USA.

The yield on US 2 Year Note Bond Yield eased to 3.91% on July 14, 2025, marking a 0 percentage point decrease from the previous session. Over the past month, the yield has fallen by 0.08 points and is 0.56 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. US 2 Year Treasury Bond Note Yield - values, historical data, forecasts and news - updated on July of 2025.

The yield on US 10 Year Note Bond Yield rose to 4.41% on July 11, 2025, marking a 0.06 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.04 points and is 0.23 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. US 10 Year Treasury Bond Note Yield - values, historical data, forecasts and news - updated on July of 2025.

Graph and download economic data for 2-Year High Quality Market (HQM) Corporate Bond Spot Rate (HQMCB2YR) from Jan 1984 to Jun 2025 about 2-year, bonds, corporate, interest rate, interest, rate, and USA.

The yield on *** year U.S. treasury bonds started increasing since 2021, reaching a new peak of **** percent in October 2023. This comes after the yields for two-year treasury bonds plummeted down to less than *** for much of 2020 owing to the global coronavirus (COVID-19) pandemic.

The yield on China 2 Year Bond Yield rose to 1.40% on July 11, 2025, marking a 0.02 percentage point increase from the previous session. Over the past month, the yield has fallen by 0.02 points and is 0.22 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for China 2Y.

As of December 30, 2024, 14 economies reported a negative value for their ten year minus two year government bond yield spread: Ukraine with a negative spread of 1,370 percent; Turkey, with a negative spread of 1332 percent; Nigeria with -350 percent; and Russia with -273 percent. At this time, almost all long-term debt for major economies was generating positive yields, with only the most stable European countries seeing smaller values. Why is an inverted yield curve important? Often called an inverted yield curve or negative yield curve, a situation where short term debt has a higher yield than long term debt is considered a main indicator of an impending recession. Essentially, this situation reflects an underlying belief among a majority of investors that short term interest rates are about to fall, with the lowering of interest rates being the orthodox fiscal response to a recession. Therefore, investors purchase safe government debt at today's higher interest rate, driving down the yield on long term debt. In the United States, an inverted yield curve for an extended period preceded (almost) all recent recessions. The exception to this is the economic downturn caused by the coronavirus (COVID-19) pandemic – however, the U.S. ten minus two year spread still came very close to negative territory in mid-2019. Bond yields and the coronavirus pandemic The onset of the coronavirus saw stock markets around the world crash in March 2020. This had an effect on bond markets, with the yield of both long term government debt and short term government debt falling dramatically at this time – reaching negative territory in many countries. With stock values collapsing, many investors placed their money in government debt – which guarantees both a regular interest payment and stable underlying value - in contrast to falling share prices. This led to many investors paying an amount for bonds on the market that was higher than the overall return for the duration of the bond (which is what is signified by a negative yield). However, the calculus is that the small loss taken on stable bonds is less that the losses likely to occur on the market. Moreover, if conditions continue to deteriorate, the bonds may be sold on at an even higher price, partly offsetting the losses from the negative yield.

The yield on Japan 2 Year Bond Yield rose to 0.77% on July 11, 2025, marking a 0 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.01 points and is 0.44 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Japan 2 Year Government Bond Yield - values, historical data, forecasts and news - updated on July of 2025.

The yield on South Korea 2 Year Bond Yield eased to 2.40% on July 10, 2025, marking a 0.04 percentage point decrease from the previous session. Over the past month, the yield has fallen by 0.01 points and is 0.81 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for South Korea 2Y.

This dataset provides values for 2 YEAR NOTE YIELD reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

2-Year Treasury Yield: 49 years of historical data from 1976 to 2025.

Interactive chart showing the daily 5 year treasury yield back to 1962. The values shown are daily data published by the Federal Reserve Board based on the average yield of a range of Treasury securities, all adjusted to the equivalent of a five-year maturity.

The spread between 10-year and two-year U.S. Treasury bond yields reached a positive value of 0.1 percent in November 2024. The 10-year minus two-year Treasury bond spread is generally considered to be an advance warning of severe weakness in the stock market. Negative spreads occurred prior to the recession of the early 1990s, the tech-bubble crash in 2000-2001, and the financial crisis of 2007-2008.

Graph and download economic data for Market Yield on U.S. Treasury Securities at 30-Year Constant Maturity, Quoted on an Investment Basis (DGS30) from 1977-02-15 to 2025-07-10 about 30-year, maturity, Treasury, interest rate, interest, rate, and USA.

In December 2024, the yield on a 10-year U.S. Treasury note was **** percent, forecasted to decrease to reach **** percent by August 2025. Treasury securities are debt instruments used by the government to finance the national debt. Who owns treasury notes? Because the U.S. treasury notes are generally assumed to be a risk-free investment, they are often used by large financial institutions as collateral. Because of this, billions of dollars in treasury securities are traded daily. Other countries also hold U.S. treasury securities, as do U.S. households. Investors and institutions accept the relatively low interest rate because the U.S. Treasury guarantees the investment. Looking into the future Because these notes are so commonly traded, their interest rate also serves as a signal about the market’s expectations of future growth. When markets expect the economy to grow, forecasts for treasury notes will reflect that in a higher interest rate. In fact, one harbinger of recession is an inverted yield curve, when the return on 3-month treasury bills is higher than the ten-year rate. While this does not always lead to a recession, it certainly signals pessimism from financial markets.

View data describing the spread between 10-Year and 2-Year Treasury Constant Maturities, which can indicate perceived economic outlook.

Graph and download economic data for Market Yield on U.S. Treasury Securities at 20-Year Constant Maturity, Quoted on an Investment Basis (DGS20) from 1962-01-02 to 2025-07-10 about 20-year, maturity, Treasury, interest rate, interest, rate, and USA.

Interactive daily chart and 49 years of historical data from 1976 to 2025.

The yield on Finland 2Y Bond Yield rose to 2.01% on July 11, 2025, marking a 0.02 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.08 points, though it remains 0.92 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for Finland 2Y Bond Yield.

United States Treasury Notes Yield: Constant Maturity: Nominal: MA: 2 Years data was reported at 2.861 % pa in Oct 2018. This records an increase from the previous number of 2.768 % pa for Sep 2018. United States Treasury Notes Yield: Constant Maturity: Nominal: MA: 2 Years data is updated monthly, averaging 5.352 % pa from Jun 1976 (Median) to Oct 2018, with 509 observations. The data reached an all-time high of 16.458 % pa in Sep 1981 and a record low of 0.211 % pa in Sep 2011. United States Treasury Notes Yield: Constant Maturity: Nominal: MA: 2 Years data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.M008: Treasury Securities Yields.