← Back to Dashboard|⭐ Favorites

10-Year Treasury Constant Maturity Minus 2-Year Treasury Constant Maturity

T10Y2Y
Leading IndicatorBroad Indicator
Copy URL
Post on X
B!Add to Hatena Bookmark
Send on LINE
Share on Facebook
Share on Reddit

Latest Value

0.37%

Date: 2026-07-17

Data Count

12528records

Data from FRED source

Basic Info

Country: US

Frequency: Daily

Source: FRED

Next Release

08/12 21:30 JST

Period: Jul

📅Open Calendar

Trend Chart (Line)

Historical Trend Data

DateValue (%)MoM (Change)YoY (Change)3-Month MA
2026-07-170.37-9.76%+23.33%0.4
2026-07-160.41-2.38%+46.43%0.41
2026-07-150.42+5.00%+35.48%0.39
2026-07-140.4+11.11%+29.03%0.37
2026-07-130.36+2.86%+20.00%0.36
2026-07-100.35-7.89%+2.94%0.36
2026-07-090.38+8.57%+40.74%0.36
2026-07-080.35-2.78%+29.63%0.35
2026-07-070.36+2.86%+24.14%0.35
2026-07-060.350.00%-7.89%0.34

About Indicator

Explanation

What is the 10-Year to 2-Year Treasury Yield Spread (T10Y2Y)?

The difference between the 10-year and 2-year treasury yields, tracking yield curve steepness.

Viewpoints on this Indicator

Usually positive, but when it drops below zero (yield inversion), it signals highly reliable recession risks historically seen prior to downturns.

Importance

High
View Details

Deep Dive

Yield inversion occurs when near-term rate hikes push short-term yields up, while long-term yields fall on expectations of future growth slowdowns and subsequent rate cuts.

Last Fetched: 7/19/2026, 3:15:59 AM

Flow of Analysis: US Employment Situation

🔍1. Before (Leading)

Check these leading indicators a few days before to gauge expectations.

Initial ClaimsJOLTS Job OpeningsAverage Weekly Hours, ManufacturingADP EmploymentISM Employment

📊2. During (Core Values)

Check the headline and core figures at the moment of release.

All Employees, Total NonfarmUnemployment RateLabor Force Participation RateAverage Hourly Earnings of All Employees, Total PrivateAverage Weekly Hours of All Employees, Total PrivateTotal Unemployed, Plus All Marginally Attached Workers Plus Total Employed Part Time for Economic Reasons

⚡3. After (Market Reactions)

Track reactions in yields, currencies, and major stock indexes.

Market Yield on U.S. Treasury Securities at 2-Year Constant MaturityMarket Yield on U.S. Treasury Securities at 10-Year Constant Maturity10-Year Treasury Constant Maturity Minus 2-Year Treasury Constant MaturityU.S. Dollar to Japanese Yen Exchange RateNominal Broad Dollar IndexS&P 500 IndexNASDAQ Composite IndexDow Jones Industrial AverageCBOE Volatility Index: VIX

Related Indicators

A191RL1Q225SBEAReal Gross Domestic Product
→
DGS10Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity
→
DGS2Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity
→
T10Y3M10-Year Treasury Constant Maturity Minus 3-Month Treasury Constant Maturity
→