2-year Treasury yield

The two-year Treasury yield is the bond market's bet on where the Fed will hold rates over the next two years, so it moves hardest on Fed nights and inflation prints. It is the short end the Fed steers; put it next to the index on a number night and watch them move together. If it does not move after a Fed decision, the Fed said what was priced.

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In MochaLearnSee how the Fed moves US markets in MochaLearn
  • Treasury yieldA Treasury yield is the annual return on a US government bond at today's market price; when the price falls, the yield…
  • Dot plotThe dot plot is the chart of where each Fed official expects the policy rate to be over the next few years, one dot…
  • 10-year Treasury yieldThe ten-year Treasury yield is the benchmark long rate that mortgages, company debt and stock valuations are priced…
  • Fed funds rateThe fed funds rate is the target range for overnight lending between US banks, the one rate the Fed sets directly. It…
  • FOMC minutesThe FOMC minutes are the written record of a Fed meeting, released three weeks after the decision at 11:30 PM IST…
  • Market correctionA correction is a fall of 10% to 20% from a recent high, a convention, not a rule. Most start on a rate repricing or a…

Where it comes up