The 2 Yr Treasury yield is 4.65% as of September 14, 2026, up 2 bps on the day. Over the past 52 weeks, the 2 Yr yield has ranged from 3.38% to 4.65%. 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) |
|---|---|---|---|---|
| +2 | +28 | +50 | +56 | +113 |
Current yield is at the 100th percentile of its 52-week range.
| Date | Tail (bps) | Bid-to-Cover | Indirect % | Direct % | Grade |
|---|---|---|---|---|---|
| 06/23 | 5.1 | 2.64 | 0.6 | 0.3 | C+ |
| 07/27 | 4.5 | 2.66 | 0.6 | 0.3 | C+ |
| 08/25 | 4.7 | 2.60 | 0.7 | 0.2 | C+ |