Government bond yield · United States

United States 2-Year Note Auction

The United States 2-Year Note Auction is the yield on the United States's government debt of that maturity: the annual return an investor earns by buying the bond or bill at today's price and holding it to maturity.

الأهمية
Low
صدر
Monthly
الإصدار التالي
العملة
USD · US dollar
البنك المركزي
The Federal Reserve
يحرّك
AUDUSD · EURUSD · GAUUSD · GBPUSD · NZDUSD · USDCAD · USDCHF · USDCNH

أحدث الأرقام

صدر آخر إصدار في 2026-10-26 وجاء عند 4.708%. هذا أقل من 4.787% في المرة السابقة.

خلال آخر 12 إصدارات تراوح بين 3.455% و4.787%، بمتوسط 3.936%.

Oct 2025: 3.504%Nov 2025: 3.489%Dec 2025: 3.499%Jan 2026: 3.580%Feb 2026: 3.455%Mar 2026: 3.936%Apr 2026: 3.812%May 2026: 4.071%Jun 2026: 4.189%Aug 2026: 4.204%Sep 2026: 4.787%Oct 2026: 4.708% Oct 2025Oct 2026
النتائج الفعلية؛ والخط القصير على العمود يحدد الإجماع.
صدرالمدةالفعليالتوقعاتالسابق
26 Oct 2026–4.708%–4.787%
22 Sep 2026–4.787%–4.204%
25 Aug 2026–4.204%–4.315%
23 Jun 2026–4.189%–4.071%
26 May 2026–4.071%–3.812%
27 Apr 2026–3.812%–3.936%
24 Mar 2026–3.936%–3.455%
24 Feb 2026–3.455%–3.580%
26 Jan 2026–3.580%–3.499%
22 Dec 2025–3.499%–3.489%
24 Nov 2025–3.489%–3.504%
27 Oct 2025–3.504%–3.561%

اعرضه في المفكرة الاقتصادية ←

لماذا يهم

Government yields are the base of every other interest rate. Short maturities follow the Federal Reserve's policy rate closely; long ones reflect expected growth, inflation and the risk of holding long debt. Higher yields relative to other countries attract capital and support the US dollar; the gap between long and short yields (the yield curve) is a classic recession signal when it turns negative.

طريقة الحساب

The yield is the interest rate that makes the present value of the bond's coupons and repayment equal to its price; on a calendar it often reports the average yield at a government auction.

Price = Σ coupon ÷ (1 + y)ᵗ + face ÷ (1 + y)ᵀ
Inflation-linked (TIPS) yield ≈ nominal yield − expected inflation

ما تعنيه التغيرات

  • Yields rise when prices of bonds fall: strong data and hawkish central banks push yields up.
  • An inverted curve (2-year above 10-year) has preceded most US recessions, with a lag of a year or more.
  • Inflation-linked yields show the real (after-inflation) return.

لمحة تاريخية قصيرة

Government bond markets go back to the Dutch and English debt of the 17th century; the US Treasury yield curve has been watched as a recession signal since research by Campbell Harvey in the 1980s.

الأسئلة

What is the United States 2-Year Note Auction?

The United States 2-Year Note Auction is the yield on the United States's government debt of that maturity: the annual return an investor earns by buying the bond or bill at today's price and holding it to maturity.

What was the latest United States 2-Year Note Auction?

4.708%, published on 26 October 2026.

When is the next United States 2-Year Note Auction?

On Monday 23 November 2026 at 18:00 UTC.

محتوى تعليمي فقط، وليس نصيحة استثمارية. الأرقام هي النتائج المنشورة كما سجّلتها مفكرتنا؛ وردود فعل السوق الموصوفة نموذجية وليست مضمونة.