10-Year Treasury Yield in 1977
The US 10-year Treasury yield rose 0.97 percentage points in 1977, from 6.81% at the end of 1976 to 7.78%. Its highest close was 7.82% on Dec 29, and its lowest 6.84% on Jan 3.
10-Year Treasury Yield, daily closes 1977
Numbers mark the events belowKey Events in 1977
What happened, and how the 10Y yield moved — on the day (or the next trading day) and about a month later.
- 1
Wednesday, November 16Carter signs the Federal Reserve Reform Act, setting goals of maximum employment and stable prices. Source10Y yield: −0.01 pp that day · +0.11 pp a month later
- 2
Wednesday, December 28Carter announces G. William Miller as his nominee to replace Arthur Burns as Fed chairman. Source10Y yield: +0.01 pp that day · +0.21 pp a month later
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 7.40% | +0.59 pp |
| Feb | 7.45% | +0.05 pp |
| Mar | 7.42% | −0.03 pp |
| Apr | 7.45% | +0.03 pp |
| May | 7.38% | −0.07 pp |
| Jun | 7.20% | −0.18 pp |
| Jul | 7.42% | +0.22 pp |
| Aug | 7.28% | −0.14 pp |
| Sep | 7.41% | +0.13 pp |
| Oct | 7.62% | +0.21 pp |
| Nov | 7.55% | −0.07 pp |
| Dec | 7.78% | +0.23 pp |
Other Markets in 1977
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| 10-Year Treasury Yield | +0.97 pp | 7.78% |
| Dow Jones Industrial Average in 1977 | −17.3% | 831.17 |
| S&P 500 in 1977 | −11.5% | 95.10 |
| Nasdaq Composite in 1977 | +7.3% | 105.05 |
| Gold in 1977 | +22.6% | $164.95 |
| Silver in 1977 | +9.2% | $4.76 |
10-Year Treasury Yield in 1977: FAQ
How much did the US 10-year Treasury yield rise in 1977?
The US 10-year Treasury yield rose 0.97 percentage points in 1977, from 6.81% at the end of 1976 to 7.78%. Its highest close was 7.82% on Dec 29, and its lowest 6.84% on Jan 3.
What were the highest and lowest closes of the US 10-year Treasury yield in 1977?
Highest: 7.82% on December 29, 1977. Lowest: 6.84% on January 3, 1977. It closed higher on 113 of 249 trading days.
What happened to the US 10-year Treasury yield on December 28, 1977?
Carter announces G. William Miller as his nominee to replace Arthur Burns as Fed chairman. The US 10-year Treasury yield rose 0.01 percentage points that day, and was +0.21 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.