Gold4,113.49−0.62%Silver57.06−1.54%Platinum1,605.91−1.50%Palladium1,072.98−1.90%
Gold/Silver72.09
DXY101.72−0.06%
US10Y5.15%+0.57%
WTI98.17+1.05%
S&P 5007,757+0.58%
Dow52,856+0.69%
Bitcoin83,498−0.63%
VIX16.68−3.64%

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.

Change in 2020
−1.00 pp
1.92% → 0.92%
High
1.88%
Jan 2
Low
0.50%
Mar 9
Up days
116 of 253
longest run 6 up, 13 down

10-Year Treasury Yield, daily closes 2020

Numbers mark the events below
0.63%1.19%1.75%JanFebMarAprMayJunJulAugSepOctNovDec1Mar 11: World Health Organization declares COVID-19 a pandemic.2Mar 15: Fed cuts the federal funds target range to 0-0.25% and announces at least $700 billion of asset purchases.3Mar 27: President Trump signs the $2.2 trillion CARES Act economic relief bill.4Nov 9: Pfizer and BioNTech report their COVID-19 vaccine is more than 90% effective; US stock indexes hit record highs.

Key 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. 1
    Wednesday, March 11
    World Health Organization declares COVID-19 a pandemic. Source
    10Y yield: +0.07 pp that day · +0.02 pp a month later
  2. 2
    Sunday, March 15
    Fed cuts the federal funds target range to 0-0.25% and announces at least $700 billion of asset purchases. Source
    10Y yield: −0.22 pp next trading day (Mar 16) · −0.20 pp a month later
  3. 3
    Friday, March 27
    President Trump signs the $2.2 trillion CARES Act economic relief bill. Source
    10Y yield: −0.06 pp that day · −0.16 pp a month later
  4. 4
    Monday, November 9
    Pfizer and BioNTech report their COVID-19 vaccine is more than 90% effective; US stock indexes hit record highs. Source
    10Y yield: +0.14 pp that day · +0.09 pp a month later

Month by month

MonthCloseChangeHighLow
Jan1.52%−0.40 pp1.88%1.52%
Feb1.13%−0.39 pp1.65%1.13%
Mar0.70%−0.43 pp1.27%0.50%
Apr0.62%−0.08 pp0.76%0.57%
May0.65%+0.03 pp0.74%0.62%
Jun0.65%+0.01 pp0.90%0.64%
Jul0.54%−0.12 pp0.68%0.54%
Aug0.69%+0.16 pp0.75%0.52%
Sep0.68%−0.02 pp0.72%0.62%
Oct0.86%+0.18 pp0.86%0.68%
Nov0.84%−0.02 pp0.97%0.77%
Dec0.92%+0.07 pp0.97%0.89%

Other Markets in 2020

Change over the calendar year.

MarketChangeYear-end
10-Year Treasury Yield−1.00 pp0.92%
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.