YIELD CURVE
2s10s Spread
Tracks a widely watched segment of sovereign curve steepness.
Formula
2s10s = 10Y yield - 2Y yield
Variables: 10-year yield; 2-year yield
What it means
Tracks a widely watched segment of sovereign curve steepness.
Example
10Y at 4.0% and 2Y at 4.4% produces -40 bp, an inversion for that segment.
How to interpret it
This concept should be read together with its market convention, measurement horizon and underlying instrument. BondStats presents it as an analytical reference rather than investment advice; instrument documentation and primary market rules remain authoritative.
Related Formulas
BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.