The 2 Yr Treasury yield is 4.61% as of October 29, 2026, down 6 bps on the day. Over the past 52 weeks, the 2 Yr yield has ranged from 3.38% to 4.92%. The 2-year note is the most rate-sensitive benchmark Treasury, reflecting near-term Federal Reserve policy expectations.
| ΔD(bps) | ΔW(bps) | ΔM(bps) | ΔQ(bps) | ΔY(bps) |
|---|---|---|---|---|
| -6 | -4 | -28 | +38 | +114 |
Current yield is at the 87th percentile of its 52-week range.
| Date | Tail (bps) | Bid-to-Cover | Indirect % | Direct % | Grade |
|---|---|---|---|---|---|
| 08/25 | 4.7 | 2.60 | 0.7 | 0.2 | C+ |
| 09/22 | 4.9 | 2.63 | 0.6 | 0.3 | C+ |