2-Year Government Bond Yield by Country
Latest released 2-Year Government Bond Yield value for every supported currency, with the previous reading, the change between releases, reference date, frequency, unit, and source.
/api/v1/announcements/{currency}/gov_bond_2y. Non-USD endpoints require an API key query parameter.| Country / Currency | Latest | Previous | Change | Reference | Frequency | Unit | Source |
|---|---|---|---|---|---|---|---|
|
Australia
AUD · Australian Dollar
|
4.69
29 Apr 2026
|
4.73
28 Apr 2026
|
▼ -0.04 | 29 Apr 2026 | Daily | Percent | RBA |
|
United Kingdom
GBP · British Pound
|
4.32
30 Apr 2026
|
4.4
29 Apr 2026
|
▼ -0.08 | 30 Apr 2026 | Daily | % | ONS/BoE |
|
United States
USD · US Dollar
|
3.88
30 Apr 2026
|
3.92
29 Apr 2026
|
▼ -0.04 | 30 Apr 2026 | Daily | Percent | FRED (Treasury) |
|
New Zealand
NZD · New Zealand Dollar
|
3.68
30 Apr 2026
|
3.63
29 Apr 2026
|
▲ +0.05 | 30 Apr 2026 | Daily | Percent | RBNZ |
|
Canada
CAD · Canadian Dollar
|
2.96
30 Apr 2026
|
3.03
29 Apr 2026
|
▼ -0.07 | 30 Apr 2026 | Daily | Percent | Bank of Canada |
|
Eurozone
EUR · Euro
|
2.7
01 Apr 2026
|
2.56
01 Mar 2026
|
▲ +0.14 | 01 Apr 2026 | Monthly | Percent | ECB |
|
Sweden
SEK · Swedish Krona
|
2.41
30 Apr 2026
|
2.44
29 Apr 2026
|
▼ -0.03 | 30 Apr 2026 | Daily | % | Riksbank/SCB |
|
Japan
JPY · Japanese Yen
|
1.4
30 Apr 2026
|
1.39
28 Apr 2026
|
▲ +0.01 | 30 Apr 2026 | Daily | Percent | MOF |
|
Switzerland
CHF · Swiss Franc
|
-0.08
31 Jul 2025
|
-0.12
30 Jul 2025
|
▲ +0.04 | 31 Jul 2025 | Daily | Percent | SNB |
|
China
CNY · Chinese Yuan
|
-9.4
28 Feb 2026
|
-6.2
31 Dec 2025
|
▼ -3.2 | 28 Feb 2026 | Daily | % | NBS/PBoC |
What is 2-Year Government Bond Yield?
The 2-year government bond yield is the most policy-sensitive point on the sovereign yield curve. Because two years roughly covers the central bank's typical forecasting horizon, the 2y yield is essentially the market's pricing of where the policy rate will be over the next two years.
Why it matters for FX
Short-end yields move closely with monetary-policy expectations, which makes the 2y the cleanest read on the rate path that ultimately drives FX. 2y differentials between countries — for example US 2y vs JGB 2y — explain a large share of major-pair moves on policy news.
How to read this page
Compare two-year yields across currencies in pairs. Use 10y minus 2y to read curve shape: a deeper inversion signals tighter policy relative to growth expectations and historically precedes rate cuts and currency weakness.
What to watch for
- 2y differentials as the high-frequency FX driver
- 10y-2y curve inversion / re-steepening
- Reaction around CPI and central-bank meetings
- Cross-market signals: front-end OIS, SOFR / SONIA / ESTR futures
- Quarter-end positioning distortions in repo and bills