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10Y Minus 2Y Yield Spread
The 10Y-2Y spread is a classic recession and policy-expectations chart, especially when the curve shifts from flattening to re-steepening.
The deep history is for NASDUCK paid members.
This free chart covers the last five years. Everything older, plus the CSV and JSON downloads, comes with a paid NASDUCK subscription.
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The latest series values and a keyboard-readable date table are below the chart. CSV and JSON downloads are for NASDUCK paid members.
Dates & readable data
Selected historical events
Curated anchors for market context, rather than a complete news feed. Toggle markers above to place them on the chart.
How To Read It
- Direction matters, but the speed of the move often matters even more for equities, rates, and sectors.
- Falling long yields usually help duration-sensitive assets, while rising yields often pressure them.
- For the 10Y-2Y spread, re-steepening after deep inversion can matter more than the inversion headline itself.
Next step Charts show what moved. NASDUCK asks why.
Rates, the dollar, oil and gold all end up in the Nasdaq-100 eventually. NASDUCK follows that trail once a week and keeps score on its own calls.