10-year minus 2-year government bond yield spread U.S. 2006-2020

The spread between 10-year and 2-year U.S. Treasury bond yields has been trending down in recent years, sitting at 0.24 percent in January 2020. Crucially, however, the spread remains positive - indicating that investors still have confidence in longer-term economic growth, as investment in long-term bonds is preferred over short-term bonds.

The 10-year minus 2-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.

Ten-year government bond yield minus two-year government bond yield spread in the United States from 2006 to 2020

Zoomable Statistic: Select the range in the chart you want to zoom in on.
Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

February 2020

Region

Worldwide

Survey time period

2006 to 2020

Supplementary notes

Values are calculated using are the treasury constant maturity. Constant maturity is an adjustment for equivalent maturity used by the Federal Reserve Board to calculate an index based on the average yield of various Treasury securities maturing at different periods - in this case two and ten years.

Values not seasonally adjusted.

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$59 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.

Statistics on "Global economic indicators"

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.