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US Treasury yields in July 2004

10Y average4.498%
10Y month-end4.500%30 Jul 2004
Month high4.620%27 Jul 2004
Month low4.380%16 Jul 2004

10-year yield, daily

10Y4.624.384.5007-0107-1607-30

Month-end curve compared

Tenor30 Jul 2004vs. prior monthvs. a year ago
1-month1.270%+10bp+36bp
3-month1.450%+12bp+49bp
6-month1.770%+9bp+75bp
1-year2.130%+4bp+85bp
2-year2.680%-2bp+88bp
3-year3.090%-7bp+76bp
5-year3.710%-10bp+33bp
7-year4.130%-11bp+15bp
10-year4.500%-12bp+1bp
20-year5.240%-9bp-19bp

Month-end 10Y–2Y slope: +182bp

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 4.498% in July 2004 and ended at 4.500% (-12bp m/m).