Yet Another Threshold Breached in U.S. 2-year Yields

New 2-year (504 trading day) Low in U.S. 2-year Yields

U.S. 2-year Treasury yields reached a new 2-year low yesterday, potentially confirming a shift in the broader interest rate landscape. Historically, when 2-year yields have fallen to similar multi-year lows, it has often preceded sustained downward pressure across the entire Treasury yield curve. The table below highlights several past occurrences of this signal, revealing a consistent pattern of subsequent yield declines in both short- and long-duration Treasuries.