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US Treasury yields in December 2023

10Y average4.020%
10Y month-end3.880%29 Dec 2023
Month high4.280%4 Dec 2023
Month low3.790%27 Dec 2023

10-year yield, daily

10Y4.283.793.8812-0112-1512-29

Month-end curve compared

Tenor29 Dec 2023vs. prior monthvs. a year ago
1-month5.600%+4bp+148bp
2-month5.590%+5bp+118bp
3-month5.400%-5bp+98bp
4-month5.410%-8bp+72bp
6-month5.260%-12bp+50bp
1-year4.790%-37bp+6bp
2-year4.230%-50bp-18bp
3-year4.010%-47bp-21bp
5-year3.840%-47bp-15bp
7-year3.880%-50bp-8bp
10-year3.880%-49bp±0bp
20-year4.200%-52bp+6bp
30-year4.030%-51bp+6bp

Month-end 10Y–2Y slope: -35bp

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 4.020% in December 2023 and ended at 3.880% (-49bp m/m).