Track global treasury bond rates with daily historical charts. Access data for US, Germany, Japan, UK, Australia, and China bonds to analyze market trends.
2-year Treasury yield curve inversion is an important economic warning signal, typically predicting economic recession within 12-18 months. This phenomenon indicates markets expect short-term rates to fall, reflecting pessimistic expectations about economic growth prospects.
2-year Treasury yields are highly correlated with Fed policy and are seen as a barometer of market expectations for Fed policy. When markets expect the Fed to raise rates, 2-year yields rise; when expecting rate cuts, yields fall.
Changes in US 2-year Treasury rates directly affect global risk asset valuations, with rising yields typically leading to declines in stock and commodity prices. Changes transmit to 1-year Treasuries, 3-year Treasuries and other short-term rates, affecting global portfolio allocation.
US 2-year Treasuries are most sensitive to Fed policy changes, with stronger policy transmission effects compared to German 2-year bonds and UK 2-year bonds. European bonds are affected by unified ECB policies, but economic fundamental differences among countries lead to yield divergence.
