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Treasury Yield 10 Years (^TNX)

Index · Currency in USD · Last updated Feb 4, 2023

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.

^TNXShare Price Chart


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^TNXPerformance

The chart shows the growth of $10,000 invested in Treasury Yield 10 Years in Sep 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $9,196 for a total return of roughly -8.04%. All prices are adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%OctoberNovemberDecember2023February
8.19%
4.27%
^TNX (Treasury Yield 10 Years)
Benchmark (^GSPC)

^TNXCompare to other instruments

Search for stocks, ETFs, and funds to compare with ^TNX

Treasury Yield 10 Years

Popular comparisons: ^TNX vs. TMF, ^TNX vs. TMV, ^TNX vs. XAU.TO, ^TNX vs. TQQQ, ^TNX vs. ^GSPC, ^TNX vs. RYLD, ^TNX vs. QYLD

^TNXReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-6.88%8.17%
YTD-8.95%7.73%
6M31.99%-0.37%
1Y100.00%-9.87%
5Y4.36%8.42%
10Y6.01%10.73%

^TNXMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2023-9.02%
202218.58%21.42%7.18%-9.17%4.75%

^TNXSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Treasury Yield 10 Years Sharpe ratio is 2.29. A Sharpe ratio higher than 2.0 is considered very good.

The chart below displays rolling 12-month Sharpe Ratio.


-1.000.001.002.003.004.00OctoberNovemberDecember2023February
2.29
-0.41
^TNX (Treasury Yield 10 Years)
Benchmark (^GSPC)

^TNXDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2023February
-16.58%
-13.76%
^TNX (Treasury Yield 10 Years)
Benchmark (^GSPC)

^TNXWorst Drawdowns

The table below shows the maximum drawdowns of the Treasury Yield 10 Years. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Treasury Yield 10 Years is 87.51%, recorded on Mar 9, 2020. It took 657 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-87.51%Apr 6, 20102496Mar 9, 2020657Oct 14, 20223153
-20.29%Oct 25, 202258Jan 18, 2023
-7.68%Jan 5, 201023Feb 5, 201033Mar 25, 201056
-1.74%Mar 26, 20104Mar 31, 20102Apr 5, 20106
-0.42%Oct 18, 20221Oct 18, 20221Oct 19, 20222
-0.31%Oct 21, 20221Oct 21, 20221Oct 24, 20222

^TNXVolatility Chart

Current Treasury Yield 10 Years volatility is 33.26%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%20.00%30.00%40.00%50.00%60.00%OctoberNovemberDecember2023February
33.26%
16.33%
^TNX (Treasury Yield 10 Years)
Benchmark (^GSPC)