Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity
DGS2Latest Value
Date: 2026-07-16
Data Count
12527recordsData from FRED source
Basic Info
Country: US
Frequency: Daily
Source: FRED
Next Release
08/12 21:30 JSTPeriod: Jul
Trend Chart (Line)
Historical Trend Data
| Date | Value (%) | MoM (Change) | YoY (Change) | 3-Month MA |
|---|---|---|---|---|
| 2026-07-16 | 4.16 | +0.73% | +1.46% | 4.16 |
| 2026-07-15 | 4.13 | -1.20% | +1.47% | 4.19 |
| 2026-07-14 | 4.18 | -1.88% | +2.20% | 4.22 |
| 2026-07-13 | 4.26 | +1.19% | +3.65% | 4.21 |
| 2026-07-10 | 4.21 | +1.20% | +1.20% | 4.19 |
| 2026-07-09 | 4.16 | -1.19% | -1.89% | 4.19 |
| 2026-07-08 | 4.21 | +0.48% | +0.48% | 4.18 |
| 2026-07-07 | 4.19 | +1.45% | -0.24% | 4.15 |
| 2026-07-06 | 4.13 | -0.24% | +1.98% | 4.15 |
| 2026-07-02 | 4.14 | -0.72% | +1.72% | 4.15 |
About Indicator
Explanation
What is the 2-Year Treasury Yield (DGS2)?
The market yield on outstanding 2-year US Treasury bonds, reflecting short-to-medium-term interest rates.
Viewpoints on this Indicator
Highly sensitive to the Fed's near-term policy expectations. Rises when rate hikes are anticipated, and falls with rate cuts. Strongly impacts USD/JPY and growth stocks.
Importance
HighView Details
Deep Dive
Because it reflects future monetary expectations, the 2-year yield often moves ahead of actual rate decisions by the Federal Reserve.
Last Fetched: 7/19/2026, 3:15:53 AM
Flow of Analysis: US Employment Situation
🔍1. Before (Leading)
Check these leading indicators a few days before to gauge expectations.
📊2. During (Core Values)
Check the headline and core figures at the moment of release.
⚡3. After (Market Reactions)
Track reactions in yields, currencies, and major stock indexes.