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2 Urteko Gobernu Bonuaren Errendimendua (EUR)

Reference information for 2-Year Government Bond Yield.

Latest reading: -0.31 (2016-06-01)  ·  Percent

Category: Government Bond Yields

API Endpoint

/api/v1/announcements/eur/gov_bond_2y

Use the production OpenAPI schema for the authoritative REST route metadata.

https://fxmacrodata.com/api/openapi.json

Browse the full endpoint reference

Compare 2 Urteko Gobernu Bonuaren Errendimendua across all supported currencies →

About 2 Urteko Gobernu Bonuaren Errendimendua (EUR)

The 2-year government bond yield for Eurozone reflects the market's expectation for the European Central Bank's policy rate over the next two years. It is the most policy-sensitive point on the yield curve.

Why FX traders watch it

The 2-year yield is the primary market tool for pricing central bank expectations. Rising 2-year yields indicate markets expect the European Central Bank to keep rates high or hike, supporting the eur via interest rate differentials.

How to interpret the data

Yields moving higher are eur-positive through the interest rate differential channel. The 2y-10y spread is a widely tracked recession indicator: an inverted curve (2y > 10y) historically precedes economic slowdowns.

Historical 2 Urteko Gobernu Bonuaren Errendimendua (EUR)

Source: ECB  ·  Monthly  ·  Percent

Data provided by FXMacroData via the /api/v1/announcements/eur/gov_bond_2y endpoint. For access, see pricing.

Data Source

Primary Source

ECB

Official Series ID

FM.M.U2.EUR.4F.BB.U2_2Y.YLD

Data Format and Properties

Data Frequency

Monthly

Unit of Measure

Percent

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format. 

{
    "currency": "EUR",
    "indicator": "gov_bond_2y",
    "has_official_forecast": false,
    "start_date": "2023-01-01",
    "end_date": "2023-12-31",
    "data": [
        {
            "date": "2024-07-01",
            "val": 4.2,
            "announcement_datetime": 1722456000
        }
    ]
}

Request Parameters & Usage

Parameter Required Format Description
start_date NO YYYY-MM-DD Optional lower bound for the requested history.
end_date NO YYYY-MM-DD Optional upper bound. Defaults to the current date.
api_key CONDITIONAL string Required for non-USD announcement requests. USD announcement requests are public without an API key.

Example Usage

To retrieve 2 Urteko Gobernu Bonuaren Errendimendua data for EUR from 2023: 

GET https://fxmacrodata.com/api/v1/announcements/eur/gov_bond_2y?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY