10-Year Treasury Yield in 2004

The US 10-year Treasury yield fell 0.03 percentage points in 2004, from 4.27% at the end of 2003 to 4.24%. Its highest close was 4.89% on Jun 14, and its lowest 3.70% on Mar 16.

Change in 2004

−0.03 pp

4.27% → 4.24%

High

4.89%

Jun 14

Low

3.70%

Mar 16

Up days

111 of 250

longest run 7 up, 5 down

10-Year Treasury Yield, daily closes 2004

Numbers mark the events below

Key Events in 2004

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

1
Wednesday, June 30

Fed raises its federal funds target to 1.25%, its first increase since 2000. Source

10Y yield: −0.08 pp that day · −0.10 pp a month later

Month by month

Month	Close	Change	High	Low
Jan	4.16%	−0.11 pp	4.41%	3.99%
Feb	3.99%	−0.17 pp	4.20%	3.99%
Mar	3.86%	−0.13 pp	4.07%	3.70%
Apr	4.53%	+0.67 pp	4.55%	3.91%
May	4.66%	+0.13 pp	4.85%	4.53%
Jun	4.62%	−0.04 pp	4.89%	4.62%
Jul	4.50%	−0.12 pp	4.62%	4.38%
Aug	4.13%	−0.37 pp	4.48%	4.13%
Sep	4.14%	+0.01 pp	4.30%	4.00%
Oct	4.05%	−0.09 pp	4.26%	3.99%
Nov	4.36%	+0.31 pp	4.36%	4.09%
Dec	4.24%	−0.12 pp	4.40%	4.09%

Other Markets in 2004

Change over the calendar year.

Market	Change	Year-end
10-Year Treasury Yield	−0.03 pp	4.24%
Dow Jones Industrial Average in 2004	+3.1%	10,783.01
S&P 500 in 2004	+9.0%	1,211.92
Nasdaq Composite in 2004	+8.6%	2,175.44
Russell 2000 in 2004	+17.0%	651.57
Nikkei 225 in 2004	+7.6%	11,488.76
Gold in 2004	+4.6%	$435.60
Silver in 2004	+14.2%	$6.82
WTI crude oil in 2004	+33.4%	$43.36
Brent crude oil in 2004	+33.3%	$40.38

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

10-Year Treasury Yield in 2004: FAQ

How much did the US 10-year Treasury yield fall in 2004?

The US 10-year Treasury yield fell 0.03 percentage points in 2004, from 4.27% at the end of 2003 to 4.24%. Its highest close was 4.89% on Jun 14, and its lowest 3.70% on Mar 16.

What were the highest and lowest closes of the US 10-year Treasury yield in 2004?

Highest: 4.89% on June 14, 2004. Lowest: 3.70% on March 16, 2004. It closed higher on 111 of 250 trading days.

What happened to the US 10-year Treasury yield on June 30, 2004?

Fed raises its federal funds target to 1.25%, its first increase since 2000. The US 10-year Treasury yield fell 0.08 percentage points that day, and was −0.10 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.