2 Year Treasury Rate is at 3.59%, compared to 3.56% the previous market day and 5.05% last year. This is higher than the long term average of 3.22%.
The 2 Year Treasury Rate is the yield received for investing in a US government issued treasury security that has a maturity of 2 years. The 2 year treasury yield is included on the shorter end of the yield curve and is important when looking at the overall US economy. Historically, the 2 year treasury yield went as low as 0.16% in the low rate environment after the Great Recession.