10-Year Treasury Yield in 2007
The US 10-year Treasury yield fell 0.67 percentage points in 2007, from 4.71% at the end of 2006 to 4.04%. Its highest close was 5.26% on Jun 12, and its lowest 3.83% on Nov 26.
10-Year Treasury Yield, daily closes 2007
Numbers mark the events belowKey Events in 2007
What happened, and how the 10Y yield moved — on the day (or the next trading day) and about a month later.
- 1
Thursday, August 9BNP Paribas closes funds exposed to US subprime mortgages, marking the start of the credit crunch. Source10Y yield: −0.05 pp that day · −0.46 pp a month later
- 2
Friday, August 17Fed cuts the discount rate by 50 basis points to 5.75% in an unscheduled move. Source10Y yield: +0.08 pp that day · −0.12 pp a month later
- 3
Friday, September 14Northern Rock receives Bank of England emergency support, triggering a run on the bank. Source10Y yield: −0.02 pp that day · +0.21 pp a month later
- 4
Tuesday, September 18Fed cuts its federal funds target by 50 basis points to 4.75%, its first cut since 2003. Source10Y yield: +0.02 pp that day · +0.18 pp a month later
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 4.83% | +0.12 pp |
| Feb | 4.56% | −0.27 pp |
| Mar | 4.65% | +0.09 pp |
| Apr | 4.63% | −0.02 pp |
| May | 4.90% | +0.27 pp |
| Jun | 5.03% | +0.13 pp |
| Jul | 4.78% | −0.25 pp |
| Aug | 4.54% | −0.24 pp |
| Sep | 4.59% | +0.05 pp |
| Oct | 4.48% | −0.11 pp |
| Nov | 3.97% | −0.51 pp |
| Dec | 4.04% | +0.07 pp |
Other Markets in 2007
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| 10-Year Treasury Yield | −0.67 pp | 4.04% |
| Dow Jones Industrial Average in 2007 | +6.4% | 13,264.82 |
| S&P 500 in 2007 | +3.5% | 1,468.36 |
| Nasdaq Composite in 2007 | +9.8% | 2,652.28 |
| Russell 2000 in 2007 | −2.7% | 766.03 |
| Nikkei 225 in 2007 | −11.1% | 15,307.78 |
| Gold in 2007 | +31.9% | $833.75 |
| Silver in 2007 | +14.4% | $14.76 |
| WTI crude oil in 2007 | +57.7% | $95.95 |
| Brent crude oil in 2007 | +58.9% | $93.68 |
10-Year Treasury Yield in 2007: FAQ
How much did the US 10-year Treasury yield fall in 2007?
The US 10-year Treasury yield fell 0.67 percentage points in 2007, from 4.71% at the end of 2006 to 4.04%. Its highest close was 5.26% on Jun 12, and its lowest 3.83% on Nov 26.
What were the highest and lowest closes of the US 10-year Treasury yield in 2007?
Highest: 5.26% on June 12, 2007. Lowest: 3.83% on November 26, 2007. It closed higher on 121 of 253 trading days.
What happened to the US 10-year Treasury yield on August 17, 2007?
Fed cuts the discount rate by 50 basis points to 5.75% in an unscheduled move. The US 10-year Treasury yield rose 0.08 percentage points that day, and was −0.12 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.