Treasury Yield 10 Years (^TNX)
The Treasury Yield 10 Years index measures the average yield on U.S. government bonds with a maturity of 10 years. The index is based on the yield of the 10-year Treasury note, a debt security issued by the U.S. Department of the Treasury. The yield on the 10-year Treasury note is used as a benchmark for other financial instruments such as mortgages, corporate bonds, and other debt securities. The Treasury Yield 10 Years index is considered a key indicator of the overall health of the U.S. economy and is closely watched by investors, economists, and policymakers.
Share Price Chart
The chart shows the growth of an initial investment of $10,000 in Treasury Yield 10 Years, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Compare to other instruments
Treasury Yield 10 Years had a return of 8.95% year-to-date (YTD) and 19.75% in the last 12 months. Over the past 10 years, Treasury Yield 10 Years had an annualized return of 4.31%, while the S&P 500 had an annualized return of 9.87%, indicating that Treasury Yield 10 Years did not perform as well as the benchmark.
|5 years (annualized)||7.02%||10.75%|
|10 years (annualized)||4.31%||9.87%|
Monthly Returns Heatmap
This table presents a comparison of risk-adjusted performance metrics for Treasury Yield 10 Years (^TNX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
The Drawdowns chart displays portfolio losses from any high point along the way.
The table below displays the maximum drawdowns of the Treasury Yield 10 Years. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Treasury Yield 10 Years was 93.78%, occurring on Mar 9, 2020. The portfolio has not yet recovered.
|-93.78%||Nov 8, 1994||6357||Mar 9, 2020||—||—||—|
|-7.84%||May 10, 1994||19||Jun 6, 1994||72||Sep 16, 1994||91|
|-5.66%||Jan 4, 1994||7||Jan 12, 1994||16||Feb 4, 1994||23|
|-4.52%||Apr 5, 1994||16||Apr 26, 1994||7||May 6, 1994||23|
|-3.77%||Nov 23, 1993||12||Dec 9, 1993||16||Jan 3, 1994||28|
The current Treasury Yield 10 Years volatility is 8.39%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.