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
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Performance
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
Popular comparisons: ^TNX vs. TMF, ^TNX vs. SPY, ^TNX vs. TMV, ^TNX vs. XAU.TO, ^TNX vs. ^TYX, ^TNX vs. TQQQ, ^TNX vs. RYLD, ^TNX vs. ^GSPC, ^TNX vs. QYLD, ^TNX vs. TIP
Return
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.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.95% | 19.67% |
| 1 month | -11.76% | 8.42% |
| 6 months | 14.49% | 7.29% |
| 1 year | 19.75% | 12.71% |
| 5 years (annualized) | 7.02% | 10.75% |
| 10 years (annualized) | 4.31% | 9.87% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 5.36% | 5.00% | 3.67% | 3.38% | 11.73% | 6.60% | -10.73% |
Risk-Adjusted Performance
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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
^TNX Treasury Yield 10 Years | 0.46 | ||||
^GSPC S&P 500 | 0.91 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
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.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -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 |
Volatility Chart
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.