2-Year Treasury Yield Falls 11 Basis Points to 4.471%

The yield on the 2-year Treasury note dropped 11 basis points to 4.471% on November 5, 2026, as traders moved out of technology stocks, according to CNBC. A basis point is one-hundredth of a percentage point. Yields and prices move opposite ways. The 2-year yield tracks expected Fed policy, so savers' cash returns may follow over time.