The 2 Yr Treasury yield is 4.05% as of June 16, 2026, down 2 bps on the day. Over the past 52 weeks, the 2 Yr yield has ranged from 3.38% to 4.17%. 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 | -8 | -4 | +29 | +9 |
Current yield is at the 95th percentile of its 52-week range.
| Date | Tail (bps) | Bid-to-Cover | Indirect % | Direct % | Grade |
|---|---|---|---|---|---|
| 03/24 | 7.1 | 2.44 | 0.6 | 0.2 | C- |
| 04/27 | 6.2 | 2.65 | 0.6 | 0.3 | C+ |
| 05/26 | 5.6 | 2.64 | 0.6 | 0.3 | C+ |