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10-Year Treasury Yield in 1994

The US 10-year Treasury yield rose 2.01 percentage points in 1994, from 5.83% at the end of 1993 to 7.84%. Its highest close was 8.05% on Nov 7, and its lowest 5.60% on Jan 12.

Change in 1994
+2.01 pp
5.83% → 7.84%
High
8.05%
Nov 7
Low
5.60%
Jan 12
Up days
126 of 250
longest run 7 up, 4 down

10-Year Treasury Yield, daily closes 1994

Numbers mark the events below
5.83%6.83%7.82%JanFebMarAprMayJunJulAugSepOctNovDec2Feb 4: Fed raises its federal funds target to 3.25%, its first tightening since 1989, starting a bond-market sell-off.3Nov 15: Fed raises its federal funds target by 75 basis points to 5.50%.4Dec 6: Orange County, California, files for Chapter 9 bankruptcy after about $2 billion in investment-pool losses.5Dec 20: Mexico devalues the peso, triggering the Mexican peso crisis; the peso is floated two days later.

Key Events in 1994

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

  1. 1
    Saturday, January 1
    North American Free Trade Agreement (NAFTA) enters into force. Source
    10Y yield: +0.09 pp next trading day (Jan 3) · −0.06 pp a month later
  2. 2
    Friday, February 4
    Fed raises its federal funds target to 3.25%, its first tightening since 1989, starting a bond-market sell-off. Source
    10Y yield: +0.13 pp that day · +0.51 pp a month later
  3. 3
    Tuesday, November 15
    Fed raises its federal funds target by 75 basis points to 5.50%. Source
    10Y yield: −0.02 pp that day · −0.14 pp a month later
  4. 4
    Tuesday, December 6
    Orange County, California, files for Chapter 9 bankruptcy after about $2 billion in investment-pool losses. Source
    10Y yield: −0.10 pp that day · +0.05 pp a month later
  5. 5
    Tuesday, December 20
    Mexico devalues the peso, triggering the Mexican peso crisis; the peso is floated two days later. Source
    10Y yield: 0.00 pp that day · +0.01 pp a month later

Month by month

MonthCloseChangeHighLow
Jan5.70%−0.13 pp5.92%5.60%
Feb6.15%+0.45 pp6.22%5.77%
Mar6.77%+0.62 pp6.78%6.28%
Apr7.06%+0.29 pp7.16%6.86%
May7.17%+0.11 pp7.49%6.96%
Jun7.34%+0.17 pp7.34%6.91%
Jul7.12%−0.22 pp7.47%7.12%
Aug7.19%+0.07 pp7.36%7.09%
Sep7.62%+0.43 pp7.64%7.19%
Oct7.81%+0.19 pp7.88%7.61%
Nov7.91%+0.10 pp8.05%7.80%
Dec7.84%−0.07 pp7.92%7.73%

Other Markets in 1994

Change over the calendar year.

MarketChangeYear-end
10-Year Treasury Yield+2.01 pp7.84%
Dow Jones Industrial Average in 1994+2.1%3,834.44
S&P 500 in 1994−1.5%459.27
Nasdaq Composite in 1994−3.2%751.96
Russell 2000 in 1994−3.2%250.36
Nikkei 225 in 1994+13.2%19,723.00
Gold in 1994−2.2%$383.25
Silver in 1994−5.2%$4.85
WTI crude oil in 1994+25.2%$17.77
Brent crude oil in 1994+23.1%$16.23

10-Year Treasury Yield in 1994: FAQ

How much did the US 10-year Treasury yield rise in 1994?

The US 10-year Treasury yield rose 2.01 percentage points in 1994, from 5.83% at the end of 1993 to 7.84%. Its highest close was 8.05% on Nov 7, and its lowest 5.60% on Jan 12.

What were the highest and lowest closes of the US 10-year Treasury yield in 1994?

Highest: 8.05% on November 7, 1994. Lowest: 5.60% on January 12, 1994. It closed higher on 126 of 250 trading days.

What happened to the US 10-year Treasury yield on February 4, 1994?

Fed raises its federal funds target to 3.25%, its first tightening since 1989, starting a bond-market sell-off. The US 10-year Treasury yield rose 0.13 percentage points that day, and was +0.51 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.