Yield Curve (10Y-2Y) vs Federal Funds Rate

Yield Curve (10Y-2Y)

10Y minus 2Y Treasury spread

0 bps
-18.75%
Flat
1 1 0 Feb'26 Mar'26 Apr'26 May'26 Jun'26 Jul'26 Aug'26

Federal Funds Rate

US benchmark interest rate

3.63%
+0.00%
Restrictive
3.64 3.63 3.62 Feb'26 Mar'26 Apr'26 May'26 Jun'26 Jul'26 Aug'26

Indicator Comparison

Yield Curve (10Y-2Y) Federal Funds Rate
Current 0 bps 3.63%
Change -18.75% +0.00%
Status Flat Restrictive
Data Source FRED T10Y2Y FRED DFF
Update Frequency Daily Daily
Last Updated August 28, 2026 August 27, 2026