10-Year Treasury Yield in 1974

The US 10-year Treasury yield rose 0.50 percentage points in 1974, from 6.90% at the end of 1973 to 7.40%. Its highest close was 8.16% on Aug 26, and its lowest 6.93% on Feb 6.

Change in 1974

+0.50 pp

6.90% → 7.40%

High

8.16%

Aug 26

Low

6.93%

Feb 6

Up days

118 of 249

longest run 11 up, 6 down

10-Year Treasury Yield, daily closes 1974

Numbers mark the events below

Key Events in 1974

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

1
Friday, August 9

Richard Nixon resigns as US president. Source

10Y yield: +0.06 pp that day · +0.05 pp a month later
2
Tuesday, October 8

Franklin National Bank is declared insolvent. Source

10Y yield: −0.06 pp that day · −0.27 pp a month later

Month by month

Month	Close	Change	High	Low
Jan	7.00%	+0.10 pp	7.02%	6.94%
Feb	7.01%	+0.01 pp	7.01%	6.93%
Mar	7.41%	+0.40 pp	7.41%	7.06%
Apr	7.66%	+0.25 pp	7.66%	7.42%
May	7.52%	−0.14 pp	7.70%	7.49%
Jun	7.64%	+0.12 pp	7.64%	7.46%
Jul	7.89%	+0.25 pp	7.91%	7.65%
Aug	8.11%	+0.22 pp	8.16%	7.92%
Sep	7.94%	−0.17 pp	8.13%	7.91%
Oct	7.79%	−0.15 pp	8.04%	7.79%
Nov	7.64%	−0.15 pp	7.80%	7.59%
Dec	7.40%	−0.24 pp	7.74%	7.25%

Other Markets in 1974

Change over the calendar year.

Market	Change	Year-end
10-Year Treasury Yield	+0.50 pp	7.40%
Dow Jones Industrial Average in 1974	−27.6%	616.24
S&P 500 in 1974	−29.7%	68.56
Nasdaq Composite in 1974	−35.1%	59.82
Gold in 1974	+66.1%	$186.50
Silver in 1974	+37.4%	$4.47

1970 1971 1972 1973 1974 1975 1976 1977 1978 1979

10-Year Treasury Yield in 1974: FAQ

How much did the US 10-year Treasury yield rise in 1974?

The US 10-year Treasury yield rose 0.50 percentage points in 1974, from 6.90% at the end of 1973 to 7.40%. Its highest close was 8.16% on Aug 26, and its lowest 6.93% on Feb 6.

What were the highest and lowest closes of the US 10-year Treasury yield in 1974?

Highest: 8.16% on August 26, 1974. Lowest: 6.93% on February 6, 1974. It closed higher on 118 of 249 trading days.

What happened to the US 10-year Treasury yield on August 9, 1974?

Richard Nixon resigns as US president. The US 10-year Treasury yield rose 0.06 percentage points that day, and was +0.05 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.