10-year Treasury yield under George W. Bush

What investors earn to lend money to the U.S. government for ten years — the benchmark long-term interest rate.

Over 2001-01-20 to 2009-01-19, measured in Percent:

Term average

4.4 Percent

At the start

5.04 Percent

At the end

2.97 Percent

Change

-2.07 Percent

Low

2.08 Percent (2008-12-18)

High

5.54 Percent (2001-05-29)

Coverage

68% (1998 observations)

Reading this series over a presidential term

A market price set continuously by investors worldwide, usually read as their collective expectation of growth, inflation, and Fed policy, plus a premium for tying money up. Daily data gives a term about a thousand points, so coverage is never the problem here.

A single point on a curve. It carries no information on its own about why the yield moved — the same 4% can mean healthy growth or an inflation scare.

These are the observed values over the window above, and nothing more. This site does not say which direction is better, and none of this is a claim that George W. Bush caused the number to move.

What 10-year Treasury yield measures · George W. Bush: the whole record · Chart it · Compare with another president · The source at FRED