
Where the US 2 year Treasury yield stands versus its history
The US 2 year Treasury yield was 4.74% on Oct 16, 2026, in the upper third of its 12 month range. Updated when the US Treasury, via the Federal Reserve Board (H.15) publishes a new reading.
Snapshot
The US 2 year Treasury yield was 4.74% on Oct 16, 2026, in the upper third of its 12 month range. The highest reading in the data is 16.95% on Sep 9, 1981 and the lowest is 0.09% on Feb 5, 2021; the data starts on Jun 1, 1976.
- Independent Research
What We Know
- Latest reading: 4.74% on Oct 16, 2026.
- Previous reading: 4.77% on Oct 15, 2026, so the latest is down 3 basis points.
- One week earlier: 4.80% on Oct 9, 2026; down 6 basis points since.
- One year earlier: 3.41% on Oct 16, 2025; up 133 basis points since.
- 12 month high: 4.92% on Sep 28, 2026. 12 month low: 3.38% on Feb 27, 2026.
- 5 year high: 5.19% on Oct 18, 2023. 5 year low: 0.39% on Nov 5, 2021.
- Highest since: the latest reading is the highest since Oct 15, 2026, the last time the series was at or above this level.
- Lowest since: the latest reading is the lowest since Sep 22, 2026, the last time the series was at or below this level.
- Highest in data back to Jun 1, 1976: 16.95% on Sep 9, 1981. Lowest: 0.09% on Feb 5, 2021.
Octans View
At 4.74%, the US 2 year Treasury yield sits 88% of the way from its 12 month low to its 12 month high. Over the past year it is up 133 basis points.
Bear Case · Room for Disagreement
Limits. This page shows daily readings, not intraday levels; a market can trade above or below them during a session. The US Treasury, via the Federal Reserve Board (H.15) data reach FRED with a lag of one business day, so the latest reading can trail the market. Records refer only to the history this source carries; older data from other sources may show higher or lower levels. Nothing here is a forecast.
Method and source. Octans Research computes every figure on this page from the full published history of Federal Reserve Bank of St. Louis (FRED) series DGS2. "Highest since" is the last earlier date when the series was at or above the latest reading. The page is regenerated by a fixed template when a new reading is published; no model wrote it.
Chart
Sources
- [1]Federal Reserve Bank of St. Louis (FRED) — US 2 year Treasury yield, full daily history (series DGS2)
These are the sources this piece was drafted from. How we verify. Found an error? Tell us and we correct it in public.
4.74%
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