10-Year Treasury Yield in 2025
The US 10-year Treasury yield fell 0.41 percentage points in 2025, from 4.57% at the end of 2024 to 4.16%. Its highest close was 4.80% on Jan 13, and its lowest 3.95% on Oct 22.
10-Year Treasury Yield, daily closes 2025
Numbers mark the events belowKey Events in 2025
What happened, and how the 10Y yield moved — on the day (or the next trading day) and about a month later.
- 1
Wednesday, April 2President Trump announces broad "Liberation Day" tariffs on US imports. Source10Y yield: +0.04 pp that day · +0.08 pp a month later
- 2
Friday, May 16Moody's downgrades the US credit rating from Aaa to Aa1. Source10Y yield: −0.01 pp that day · 0.00 pp a month later
- 3
Wednesday, September 17Fed cuts the federal funds target range by 0.25 point to 4.00-4.25%. Source10Y yield: +0.05 pp that day · +0.02 pp a month later
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 4.57% | 0.00 pp |
| Feb | 4.23% | −0.34 pp |
| Mar | 4.25% | +0.02 pp |
| Apr | 4.18% | −0.07 pp |
| May | 4.42% | +0.24 pp |
| Jun | 4.23% | −0.19 pp |
| Jul | 4.36% | +0.13 pp |
| Aug | 4.23% | −0.13 pp |
| Sep | 4.15% | −0.08 pp |
| Oct | 4.10% | −0.05 pp |
| Nov | 4.02% | −0.08 pp |
| Dec | 4.16% | +0.15 pp |
Other Markets in 2025
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| 10-Year Treasury Yield | −0.41 pp | 4.16% |
| Dow Jones Industrial Average in 2025 | +13.0% | 48,063.29 |
| S&P 500 in 2025 | +16.4% | 6,845.50 |
| Nasdaq Composite in 2025 | +20.4% | 23,241.99 |
| Russell 2000 in 2025 | +11.3% | 2,481.91 |
| Nikkei 225 in 2025 | +26.2% | 50,339.48 |
| Gold in 2025 | +64.4% | $4,341.10 |
| Silver in 2025 | +142.3% | $70.13 |
| WTI crude oil in 2025 | −19.9% | $57.42 |
| Brent crude oil in 2025 | −18.5% | $60.85 |
10-Year Treasury Yield in 2025: FAQ
How much did the US 10-year Treasury yield fall in 2025?
The US 10-year Treasury yield fell 0.41 percentage points in 2025, from 4.57% at the end of 2024 to 4.16%. Its highest close was 4.80% on Jan 13, and its lowest 3.95% on Oct 22.
What were the highest and lowest closes of the US 10-year Treasury yield in 2025?
Highest: 4.80% on January 13, 2025. Lowest: 3.95% on October 22, 2025. It closed higher on 123 of 250 trading days.
What happened to the US 10-year Treasury yield on September 17, 2025?
Fed cuts the federal funds target range by 0.25 point to 4.00-4.25%. The US 10-year Treasury yield rose 0.05 percentage points that day, and was +0.02 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.