10-Year Treasury Yield in 1973

The US 10-year Treasury yield rose 0.49 percentage points in 1973, from 6.41% at the end of 1972 to 6.90%. Its highest close was 7.58% on Aug 7, and its lowest 6.40% on Jan 4.

Change in 1973

+0.49 pp

6.41% → 6.90%

High

7.58%

Aug 7

Low

6.40%

Jan 4

Up days

117 of 248

longest run 8 up, 6 down

10-Year Treasury Yield, daily closes 1973

Numbers mark the events below

Key Events in 1973

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

1
Saturday, October 6

Egypt and Syria attack Israel, starting the Yom Kippur War. Source

10Y yield: −0.08 pp next trading day (Oct 9) · −0.09 pp a month later
2
Wednesday, October 17

Arab oil producers announce production cuts, beginning the 1973 oil embargo. Source

10Y yield: +0.01 pp that day · −0.09 pp a month later

Month by month

Month	Close	Change	High	Low
Jan	6.54%	+0.13 pp	6.55%	6.40%
Feb	6.64%	+0.10 pp	6.66%	6.60%
Mar	6.73%	+0.09 pp	6.77%	6.65%
Apr	6.70%	−0.03 pp	6.74%	6.62%
May	6.93%	+0.23 pp	6.93%	6.72%
Jun	6.94%	+0.01 pp	6.98%	6.85%
Jul	7.43%	+0.49 pp	7.43%	7.01%
Aug	7.25%	−0.18 pp	7.58%	7.23%
Sep	6.90%	−0.35 pp	7.21%	6.90%
Oct	6.71%	−0.19 pp	6.91%	6.71%
Nov	6.69%	−0.02 pp	6.79%	6.69%
Dec	6.90%	+0.21 pp	6.91%	6.67%

Other Markets in 1973

Change over the calendar year.

Market	Change	Year-end
10-Year Treasury Yield	+0.49 pp	6.90%
Dow Jones Industrial Average in 1973	−16.6%	850.86
S&P 500 in 1973	−17.4%	97.55
Nasdaq Composite in 1973	−31.1%	92.19
Gold in 1973	+73.0%	$112.25
Silver in 1973	+60.3%	$3.26

1970 1971 1972 1973 1974 1975 1976 1977 1978 1979

10-Year Treasury Yield in 1973: FAQ

How much did the US 10-year Treasury yield rise in 1973?

The US 10-year Treasury yield rose 0.49 percentage points in 1973, from 6.41% at the end of 1972 to 6.90%. Its highest close was 7.58% on Aug 7, and its lowest 6.40% on Jan 4.

What were the highest and lowest closes of the US 10-year Treasury yield in 1973?

Highest: 7.58% on August 7, 1973. Lowest: 6.40% on January 4, 1973. It closed higher on 117 of 248 trading days.

What happened to the US 10-year Treasury yield on October 6, 1973?

Egypt and Syria attack Israel, starting the Yom Kippur War. The US 10-year Treasury yield fell 0.08 percentage points on the next trading day (October 9, 1973), and was −0.09 pp a month later.

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.