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US Treasury yields in December 2004

10Y average4.231%
10Y month-end4.240%31 Dec 2004
Month high4.400%2 Dec 2004
Month low4.090%15 Dec 2004

10-year yield, daily

10Y4.404.094.2412-0112-1612-31

Month-end curve compared

Tenor31 Dec 2004vs. prior monthvs. a year ago
1-month1.890%-18bp+99bp
3-month2.220%-1bp+127bp
6-month2.590%+15bp+157bp
1-year2.750%+12bp+149bp
2-year3.080%+6bp+124bp
3-year3.250%-4bp+88bp
5-year3.630%-9bp+38bp
7-year3.940%-13bp+17bp
10-year4.240%-12bp-3bp
20-year4.850%-18bp-25bp

Month-end 10Y–2Y slope: +116bp

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 4.231% in December 2004 and ended at 4.240% (-12bp m/m).