Gold4,021.97−0.05%Silver54.36−0.44%Platinum1,575.36+0.49%Palladium1,060.51+0.39%
Gold/Silver73.99
DXY101.68+0.08%
US10Y4.95%−3.75%
WTI100.38+0.91%
S&P 5007,663−1.21%
Dow52,868+0.02%
Bitcoin81,725+0.50%
VIX19.03+14.09%

10-Year Treasury Yield in 1970

The US 10-year Treasury yield fell 1.38 percentage points in 1970, from 7.88% at the end of 1969 to 6.50%. Its highest close was 8.22% on May 26, and its lowest 6.21% on Dec 4.

Change in 1970
−1.38 pp
7.88% → 6.50%
High
8.22%
May 26
Low
6.21%
Dec 4
Up days
111 of 250
longest run 12 up, 10 down
Record highs
2
closing records

10-Year Treasury Yield, daily closes 1970

Numbers mark the events below
6.40%7.22%8.03%JanFebMarAprMayJunJulAugSepOctNovDec1Feb 1: Arthur Burns takes office as Federal Reserve chairman.2May 25: 10Y yield sets the first of 2 record closing highs this year, at 8.15%.3May 26: Last record close of the year: 8.22%.4Jun 21: Penn Central Transportation Company files for bankruptcy protection.

Key Events in 1970

What happened, and how the 10Y yield moved — on the day (or the next trading day) and about a month later.

  1. 1
    Sunday, February 1
    Arthur Burns takes office as Federal Reserve chairman. Source
    10Y yield: −0.10 pp next trading day (Feb 2) · −0.78 pp a month later
  2. 2
    Monday, May 25 From the data
    10Y yield sets the first of 2 record closing highs this year, at 8.15%.
  3. 3
    Tuesday, May 26 From the data
    Last record close of the year: 8.22%.
  4. 4
    Sunday, June 21
    Penn Central Transportation Company files for bankruptcy protection. Source
    10Y yield: −0.04 pp next trading day (Jun 22) · −0.45 pp a month later

Month by month

MonthCloseChangeHighLow
Jan7.75%−0.13 pp7.99%7.67%
Feb6.90%−0.85 pp7.65%6.90%
Mar7.08%+0.18 pp7.36%6.95%
Apr7.82%+0.74 pp7.82%7.04%
May7.95%+0.13 pp8.22%7.78%
Jun7.68%−0.27 pp7.98%7.68%
Jul7.38%−0.30 pp7.64%7.32%
Aug7.49%+0.11 pp7.71%7.39%
Sep7.29%−0.20 pp7.54%7.24%
Oct7.33%+0.04 pp7.46%7.23%
Nov6.49%−0.84 pp7.24%6.32%
Dec6.50%+0.01 pp6.57%6.21%

Other Markets in 1970

Change over the calendar year.

MarketChangeYear-end
10-Year Treasury Yield−1.38 pp6.50%
Dow Jones Industrial Average in 1970+4.8%838.92
S&P 500 in 1970+0.1%92.15
Gold in 1970+6.2%$37.38
Silver in 1970−8.8%$1.63

10-Year Treasury Yield in 1970: FAQ

How much did the US 10-year Treasury yield fall in 1970?

The US 10-year Treasury yield fell 1.38 percentage points in 1970, from 7.88% at the end of 1969 to 6.50%. Its highest close was 8.22% on May 26, and its lowest 6.21% on Dec 4.

What were the highest and lowest closes of the US 10-year Treasury yield in 1970?

Highest: 8.22% on May 26, 1970. Lowest: 6.21% on December 4, 1970. It closed higher on 111 of 250 trading days.

What happened to the US 10-year Treasury yield on February 1, 1970?

Arthur Burns takes office as Federal Reserve chairman. The US 10-year Treasury yield fell 0.10 percentage points on the next trading day (February 2, 1970), and was −0.78 pp a month later.

Did the US 10-year Treasury yield reach a record high in 1970?

Yes — 2 record closing highs, the last at 8.22% on May 26, 1970.

Data: 10-year constant-maturity Treasury yield (Federal Reserve H.15 via FRED). Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.