Country comparison

2-Year Government Bond Yield by Country

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 compare 2-Year Government Bond Yield across countries?

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 the country list

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.

Supported countries

Filter by country, currency, source, cadence, or unit.

Country / Currency Frequency Unit Source History Links
United Arab Emirates
AED / UAE Dirham
Daily % RBA Coverage metadata updating
Australia
AUD / Australian Dollar
Daily % RBA History from 2013-09-02 (12.8 years)
Brazil
BRL / Brazilian Real
Daily % Brazilian Treasury Coverage metadata updating
Canada
CAD / Canadian Dollar
Daily % Bank of Canada History from 2001-01-02 (25.5 years)
Switzerland
CHF / Swiss Franc
Daily % SIX / Swiss Treasury History from 2000-01-04 (26.5 years)
Denmark
DKK / Danish Krone
Monthly % IMF IFS Coverage metadata updating
Eurozone
EUR / Euro
Daily % Bundesbank / Deutsche Finanzagentur History from 2000-01-01 (26.5 years)
United Kingdom
GBP / British Pound
Daily % UK DMO History from 2010-01-04 (16.5 years)
Indonesia
IDR / Indonesian Rupiah
Daily % RBA Coverage metadata updating
Israel
ILS / Israeli New Shekel
Monthly % Bank of Israel Coverage metadata updating
Japan
JPY / Japanese Yen
Daily % Ministry of Finance History from 1974-09-24 (51.7 years)
New Zealand
NZD / New Zealand Dollar
Daily % NZDMO History from 2018-01-03 (8.5 years)
Peru
PEN / Peruvian Sol
Monthly % BCRP Coverage metadata updating
Poland
PLN / Polish Zloty
Daily % RBA Coverage metadata updating
Sweden
SEK / Swedish Krona
Daily % Swedish National Debt Office History from 2000-01-03 (26.5 years)
Thailand
THB / Thai Baht
Monthly % IMF IFS Coverage metadata updating
Taiwan
TWD / New Taiwan Dollar
Daily % Ministry of Finance Coverage metadata updating
United States
USD / US Dollar
Daily % US Treasury History from 2023-02-15 (3.3 years)