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2s10s spread, monthly average: last 20 years

Answered against 22 years of US equities and 12 years of US options data and published with the query that produced it. This result is stored as of 2026-08-22, from What Is the 2s10s Spread? Yield Curve Data.

as of series 240×2read in context →
2s10s spread, monthly average: last 20 years — 240 rows by 2 columns, computed from US exchange, SIP and OPRA data.
monthspread_pct
2006-08-01-0.03
2006-09-01-0.05
2006-10-01-0.07
2006-11-01-0.15
2006-12-01-0.11
2007-01-01-0.12
2007-02-01-0.13
2007-03-01-0.01
2007-04-010.03
2007-05-01-0.02
2007-06-010.12
2007-07-010.19
2007-08-010.36
2007-09-010.51
2007-10-010.56
2007-11-010.81
2007-12-010.98
2008-01-011.27
2008-02-011.76
2008-03-011.89
2008-04-011.63
2008-05-011.43
2008-06-011.33
2008-07-011.43
2008-08-011.47
2008-09-011.61
2008-10-012.2
2008-11-012.31
2008-12-011.6
2009-01-011.71
2009-02-011.89
2009-03-011.89
2009-04-012
2009-05-012.36
2009-06-012.54
2009-07-012.54
2009-08-012.47
2009-09-012.45
2009-10-012.44
2009-11-012.6
2009-12-012.72
2010-01-012.8
2010-02-012.83
2010-03-012.77
2010-04-012.79
2010-05-012.59
2010-06-012.48
2010-07-012.39
2010-08-012.18
2010-09-012.17
2010-10-012.16
2010-11-012.31
2010-12-012.67
2011-01-012.78
2011-02-012.8
2011-03-012.72
2011-04-012.72
2011-05-012.61
2011-06-012.59
2011-07-012.6
2011-08-012.07
2011-09-011.76
2011-10-011.87
2011-11-011.76
2011-12-011.72
2012-01-011.73
2012-02-011.69
2012-03-011.83
2012-04-011.76
2012-05-011.52
2012-06-011.33
2012-07-011.28
2012-08-011.41
2012-09-011.47
2012-10-011.47
2012-11-011.39
2012-12-011.46
2013-01-011.65
2013-02-011.72
2013-03-011.7
2013-04-011.53
2013-05-011.68
2013-06-011.97
2013-07-012.24
2013-08-012.38
2013-09-012.41
2013-10-012.28
2013-11-012.41
2013-12-012.56
2014-01-012.46
2014-02-012.38
2014-03-012.32
2014-04-012.29
2014-05-012.17
2014-06-012.15
2014-07-012.04
2014-08-011.95
2014-09-011.97
2014-10-011.86
2014-11-011.8
2014-12-011.57
2015-01-011.33
2015-02-011.36
2015-03-011.4
2015-04-011.4
2015-05-011.59
2015-06-011.67
2015-07-011.66
2015-08-011.47
2015-09-011.46
2015-10-011.43
2015-11-011.38
2015-12-011.26
2016-01-011.19
2016-02-011.05
2016-03-011.01
2016-04-011.04
2016-05-010.99
2016-06-010.91
2016-07-010.83
2016-08-010.82
2016-09-010.86
2016-10-010.92
2016-11-011.16
2016-12-011.3
2017-01-011.23
2017-02-011.22
2017-03-011.17
2017-04-011.06
2017-05-011
2017-06-010.84
2017-07-010.95
2017-08-010.87
2017-09-010.82
2017-10-010.81
2017-11-010.66
2017-12-010.56
2018-01-010.55
2018-02-010.68
2018-03-010.57
2018-04-010.48
2018-05-010.47
2018-06-010.38
2018-07-010.28
2018-08-010.25
2018-09-010.24
2018-10-010.29
2018-11-010.26
2018-12-010.16
2019-01-010.17
2019-02-010.17
2019-03-010.16
2019-04-010.19
2019-05-010.19
2019-06-010.26
2019-07-010.22
2019-08-010.06
2019-09-010.05
2019-10-010.16
2019-11-010.2
2019-12-010.25
2020-01-010.24
2020-02-010.17
2020-03-010.42
2020-04-010.43
2020-05-010.5
2020-06-010.54
2020-07-010.48
2020-08-010.51
2020-09-010.54
2020-10-010.64
2020-11-010.7
2020-12-010.8
2021-01-010.95
2021-02-011.14
2021-03-011.46
2021-04-011.47
2021-05-011.47
2021-06-011.32
2021-07-011.1
2021-08-011.07
2021-09-011.13
2021-10-011.19
2021-11-011.05
2021-12-010.79
2022-01-010.78
2022-02-010.5
2022-03-010.22
2022-04-010.21
2022-05-010.28
2022-06-010.15
2022-07-01-0.14
2022-08-01-0.35
2022-09-01-0.34
2022-10-01-0.39
2022-11-01-0.61
2022-12-01-0.67
2023-01-01-0.68
2023-02-01-0.79
2023-03-01-0.64
2023-04-01-0.56
2023-05-01-0.56
2023-06-01-0.89
2023-07-01-0.93
2023-08-01-0.73
2023-09-01-0.64
2023-10-01-0.27
2023-11-01-0.38
2023-12-01-0.44
2024-01-01-0.26
2024-02-01-0.34
2024-03-01-0.38
2024-04-01-0.33
2024-05-01-0.37
2024-06-01-0.43
2024-07-01-0.25
2024-08-01-0.09
2024-09-010.1
2024-10-010.12
2024-11-010.1
2024-12-010.17
2025-01-010.36
2025-02-010.24
2025-03-010.31
2025-04-010.5
2025-05-010.5
2025-06-010.49
2025-07-010.51
2025-08-010.56
2025-09-010.55
2025-10-010.54
2025-11-010.54
2025-12-010.64
2026-01-010.68
2026-02-010.65
2026-03-010.53
2026-04-010.52
2026-05-010.49
2026-06-010.36
2026-07-010.38
Rows × columns
240 × 2
Period covered
to
Computed
Completeness
No missing values
Source
US exchange, SIP and OPRA market data
Licence
Strasmore terms · free, no signup
Formats
JSON · CSV · the SQL below

What each column holds

Column definitions for 2s10s spread, monthly average: last 20 years, derived from the stored result.
ColumnTypeRangeNotes
month date 2006-08-01 to 2026-07-01
spread_pct number -0.93 to 2.83 percent

Computed from Strasmore's warehouse of US exchange, SIP and OPRA market data. Equity prices are delayed; options greeks and implied volatility are end-of-day. This result is stored, not recomputed on load — it is exactly the numbers that were returned on , and the query below is what returned them.

the exact SQL behind every number 
SELECT
    toStartOfMonth(date) AS month,
    round(avg(yield_10_year - yield_2_year), 2) AS spread_pct
FROM global_markets.treasury_yields
WHERE date >= toStartOfMonth(now()) - INTERVAL 20 YEAR
  AND date < toStartOfMonth(now())
  AND isNotNull(yield_10_year)
  AND isNotNull(yield_2_year)
GROUP BY month
ORDER BY month

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