Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity, Quoted on an Investment Basis (DGS2)
Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity, Quoted on an Investment Basis — Historical Chart
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Sign Up FreeUnderstanding Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity, Quoted on an Investment Basis
Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity, Quoted on an Investment Basis (FRED series DGS2) is a daily monetary policy indicator measured in percent. The series is published through FRED, the Federal Reserve Bank of St. Louis economic database, with history going back to 1976.
Why it matters: Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity, Quoted on an Investment Basis is one of the indicators traders, economists, and policymakers watch within the monetary policy complex. It is closely tied to Federal Reserve policy decisions, and shifts in this series often ripple through borrowing costs, bond yields, and equity valuations.
How to read it: focus on the direction and persistence of changes rather than any single daily print. Comparing the latest value against its level a year ago, and against its long-run range since 1976, gives a better sense of whether the series is signaling acceleration, deceleration, or a turning point.
About This Series
H.15 Statistical Release notes (https://www.federalreserve.gov/releases/h15/default.htm) and the Treasury Yield Curve Methodology (https://home.treasury.gov/policy-issues/financing-the-government/interest-rate-statistics/treasury-yield-curve-methodology). For questions on the data, please contact the data source (https://www.federalreserve.gov/apps/ContactUs/feedback.aspx?refurl=/releases/h15/%). For questions on FRED functionality, please contact us here (https://fred.stlouisfed.org/contactus/).</p>
Recent Data
| Date | Value (%) | Change |
|---|---|---|
| June 9, 2026 | 4.13% | -0.02 |
| June 8, 2026 | 4.15% | -0.02 |
| June 5, 2026 | 4.17% | +0.12 |
| June 4, 2026 | 4.05% | -0.03 |
| June 3, 2026 | 4.08% | +0.03 |
| June 2, 2026 | 4.05% | +0 |
| June 1, 2026 | 4.05% | +0.07 |
| May 29, 2026 | 3.98% | -0.01 |
| May 28, 2026 | 3.99% | -0.01 |
| May 27, 2026 | 4.00% | -0.01 |
| May 26, 2026 | 4.01% | -0.12 |
| May 22, 2026 | 4.13% | +0.05 |
Frequently Asked Questions
What is Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity, Quoted on an Investment Basis today?
The latest value of Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity, Quoted on an Investment Basis (DGS2) is shown at the top of this page, along with its observation date and the change from the prior reading. Data is sourced from FRED and refreshed regularly.
How often is Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity, Quoted on an Investment Basis updated?
Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity, Quoted on an Investment Basis is reported daily (Daily). New observations appear on FRED shortly after the source agency releases them, and this page updates daily.
What does a rising Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity, Quoted on an Investment Basis mean?
A sustained rise in Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity, Quoted on an Investment Basis signals strengthening readings in this monetary policy measure, in percent. Whether that is positive or negative for markets depends on context — compare the move against the series’ trend and related indicators in the same category.
Where does the DGS2 data come from?
The data comes from FRED® (Federal Reserve Economic Data), maintained by the Federal Reserve Bank of St. Louis, under series ID DGS2. History is available back to 1976.
Related Monetary Policy Indicators
Data sourced from FRED®, Federal Reserve Bank of St. Louis: Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity, Quoted on an Investment Basis (DGS2). Retrieved from fred.stlouisfed.org. Last updated June 10, 2026.