US02Y - DE02Y Spread

Plots the yield spread between US and German 2-year government bonds in a separate pane. The rate differential is one of the key macro drivers of EURUSD, and this indicator lets you track it on any timeframe, including intraday.
How to read:
• Rising spread → widening US yield advantage → USD-positive, bearish EURUSD
• Falling spread → narrowing advantage → EUR-positive, bullish EURUSD
• Gray step line: the daily opening spread. Above it, intraday flow favors USD; below it, EUR.
Suggested use:
• Use it as a daily bias filter, not an entry signal.
• Around high-impact events (CPI, NFP, FOMC, ECB), check whether the move in price is confirmed by yields.
• Watch for divergences between price and the spread.
Note: DE02Y intraday data is sparse outside European hours; a stepped line is expected
How to read:
• Rising spread → widening US yield advantage → USD-positive, bearish EURUSD
• Falling spread → narrowing advantage → EUR-positive, bullish EURUSD
• Gray step line: the daily opening spread. Above it, intraday flow favors USD; below it, EUR.
Suggested use:
• Use it as a daily bias filter, not an entry signal.
• Around high-impact events (CPI, NFP, FOMC, ECB), check whether the move in price is confirmed by yields.
• Watch for divergences between price and the spread.
Note: DE02Y intraday data is sparse outside European hours; a stepped line is expected
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.