10-Year Treasury Yield in 2020
The US 10-year Treasury yield fell 1.00 percentage points in 2020, from 1.92% at the end of 2019 to 0.92%. Its highest close was 1.88% on Jan 2, and its lowest 0.50% on Mar 9.
10-Year Treasury Yield, daily closes 2020
Numbers mark the events belowKey Events in 2020
What happened, and how the 10Y yield moved — on the day (or the next trading day) and about a month later.
- 1
Wednesday, March 11World Health Organization declares COVID-19 a pandemic. Source10Y yield: +0.07 pp that day · +0.02 pp a month later
- 2
Sunday, March 15Fed cuts the federal funds target range to 0-0.25% and announces at least $700 billion of asset purchases. Source10Y yield: −0.22 pp next trading day (Mar 16) · −0.20 pp a month later
- 3
Friday, March 27President Trump signs the $2.2 trillion CARES Act economic relief bill. Source10Y yield: −0.06 pp that day · −0.16 pp a month later
- 4
Monday, November 9Pfizer and BioNTech report their COVID-19 vaccine is more than 90% effective; US stock indexes hit record highs. Source10Y yield: +0.14 pp that day · +0.09 pp a month later
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 1.52% | −0.40 pp |
| Feb | 1.13% | −0.39 pp |
| Mar | 0.70% | −0.43 pp |
| Apr | 0.62% | −0.08 pp |
| May | 0.65% | +0.03 pp |
| Jun | 0.65% | +0.01 pp |
| Jul | 0.54% | −0.12 pp |
| Aug | 0.69% | +0.16 pp |
| Sep | 0.68% | −0.02 pp |
| Oct | 0.86% | +0.18 pp |
| Nov | 0.84% | −0.02 pp |
| Dec | 0.92% | +0.07 pp |
Other Markets in 2020
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| 10-Year Treasury Yield | −1.00 pp | 0.92% |
| Dow Jones Industrial Average in 2020 | +7.2% | 30,606.48 |
| S&P 500 in 2020 | +16.3% | 3,756.07 |
| Nasdaq Composite in 2020 | +43.6% | 12,888.28 |
| Russell 2000 in 2020 | +18.4% | 1,974.86 |
| Nikkei 225 in 2020 | +16.0% | 27,444.17 |
| Gold in 2020 | +24.7% | $1,895.10 |
| Silver in 2020 | +47.7% | $26.33 |
| WTI crude oil in 2020 | −20.5% | $48.52 |
| Brent crude oil in 2020 | −21.5% | $51.80 |
10-Year Treasury Yield in 2020: FAQ
How much did the US 10-year Treasury yield fall in 2020?
The US 10-year Treasury yield fell 1.00 percentage points in 2020, from 1.92% at the end of 2019 to 0.92%. Its highest close was 1.88% on Jan 2, and its lowest 0.50% on Mar 9.
What were the highest and lowest closes of the US 10-year Treasury yield in 2020?
Highest: 1.88% on January 2, 2020. Lowest: 0.50% on March 9, 2020. It closed higher on 116 of 253 trading days.
What happened to the US 10-year Treasury yield on March 15, 2020?
Fed cuts the federal funds target range to 0-0.25% and announces at least $700 billion of asset purchases. The US 10-year Treasury yield fell 0.22 percentage points on the next trading day (March 16, 2020), and was −0.20 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.