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FOMC Alerts

2 Year Treasury Yield: 4.70%, 82bp Above the Fed Funds Rate

Posted on October 28, 2026 by Ernie Varitimos
2 year Treasury yield vs the effective fed funds rate ahead of the Oct 28 FOMC decision, from FatTail FOMC Alerts

The 2 year treasury yield sits about 82bp above the fed funds rate going into the Fed decision. What that gap prices, and how the 2-year moves on FOMC day.

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Posted in FOMC Alerts  |  Tagged 0DTE, 2-year Treasury yield, Fed Funds Rate, FOMC, SPX, term premium, Treasury Yields Leave a comment
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