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US Treasury yields in August 2003

10Y average4.445%
10Y month-end4.450%29 Aug 2003
Month high4.580%13 Aug 2003
Month low4.270%8 Aug 2003

10-year yield, daily

10Y4.584.274.4508-0108-1508-29

Month-end curve compared

Tenor29 Aug 2003vs. prior monthvs. a year ago
1-month0.980%+7bp-72bp
3-month0.980%+2bp-71bp
6-month1.060%+4bp-61bp
1-year1.350%+7bp-39bp
2-year1.950%+15bp-19bp
3-year2.510%+18bp+1bp
5-year3.460%+8bp+24bp
7-year4.000%+2bp+22bp
10-year4.450%-4bp+31bp
20-year5.330%-10bp+27bp

Month-end 10Y–2Y slope: +250bp

JGB yields from Japan's Ministry of Finance; US yields are the Treasury's daily par yield curve. Percent per year; 1 bp = 0.01%. Not investment advice.

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The 10-year yield averaged 4.445% in August 2003 and ended at 4.450% (-4bp m/m).