The two-year Treasury par yield was 4.61 percent on Tuesday, November 3, 2026. The ten-year was 4.95 percent. The gap, ten minus two, was 0.34 percentage points. Monday's par yields were 4.59 percent and 4.91 percent, and the gap was 0.32 percentage points. The two-year rose 2 basis points. The ten-year rose 4. The gap widened by 2 basis points.
The spread between the ten-year and two-year constant-maturity yields, as published by the St. Louis Fed, was 0.34 on November 3 and 0.32 on November 2, matching the par-yield gaps. The St. Louis Fed's two-year and ten-year constant-maturity levels run only through November 2; Tuesday's figures above are par yields from the daily Treasury curve.