Given two Hermitian matrices, $A$ and $B$ , we introduce a new type of spectral measure, a tracial joint spectral measure $\mu _{A, B}$ on the plane. Existence of this measure implies the following two results: 1) any two-dimensional subspace of the Schatten- $p$ class is isometric to a subspace of $L_{p}$ , and 2) if $f : \mathbb{R}\to \mathbb{R}$ has non-negative $k$ th derivative and $A$ and $B$ are Hermitian matrices with $A$ positive semidefinite, then $t \mapsto \operatorname{tr}f(t A + B)$ has non-negative $k$ th derivative. We also give an explicit expression for the measure $\mu _{A, B}$ .