10-Year Treasury Yield in 1971
The US 10-year Treasury yield fell 0.61 percentage points in 1971, from 6.50% at the end of 1970 to 5.89%. Its highest close was 6.95% on Jul 28, and its lowest 5.38% on Mar 23.
10-Year Treasury Yield, daily closes 1971
Numbers mark the events belowKey Events in 1971
What happened, and how the 10Y yield moved — on the day (or the next trading day) and about a month later.
- 1
Sunday, August 15Nixon closes the gold window, ending dollar convertibility to gold, and announces wage and price controls. Source10Y yield: −0.27 pp next trading day (Aug 16) · −0.50 pp a month later
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 6.09% | −0.41 pp |
| Feb | 6.14% | +0.05 pp |
| Mar | 5.53% | −0.61 pp |
| Apr | 6.08% | +0.55 pp |
| May | 6.38% | +0.30 pp |
| Jun | 6.70% | +0.32 pp |
| Jul | 6.85% | +0.15 pp |
| Aug | 6.28% | −0.57 pp |
| Sep | 6.00% | −0.28 pp |
| Oct | 5.87% | −0.13 pp |
| Nov | 5.93% | +0.06 pp |
| Dec | 5.89% | −0.04 pp |
Other Markets in 1971
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| 10-Year Treasury Yield | −0.61 pp | 5.89% |
| Dow Jones Industrial Average in 1971 | +6.1% | 890.20 |
| S&P 500 in 1971 | +10.8% | 102.09 |
| Gold in 1971 | +16.7% | $43.62 |
| Silver in 1971 | −16.0% | $1.37 |
10-Year Treasury Yield in 1971: FAQ
How much did the US 10-year Treasury yield fall in 1971?
The US 10-year Treasury yield fell 0.61 percentage points in 1971, from 6.50% at the end of 1970 to 5.89%. Its highest close was 6.95% on Jul 28, and its lowest 5.38% on Mar 23.
What were the highest and lowest closes of the US 10-year Treasury yield in 1971?
Highest: 6.95% on July 28, 1971. Lowest: 5.38% on March 23, 1971. It closed higher on 104 of 249 trading days.
What happened to the US 10-year Treasury yield on August 15, 1971?
Nixon closes the gold window, ending dollar convertibility to gold, and announces wage and price controls. The US 10-year Treasury yield fell 0.27 percentage points on the next trading day (August 16, 1971), and was −0.50 pp a month later.
Data: 10-year constant-maturity Treasury yield (Federal Reserve H.15 via FRED). Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.
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@misc{corgano202610yeartreasuryyieldin, author = {{Corgano}}, title = {10-Year Treasury Yield in 1971}, howpublished = {\url{https://goldprice.corgano.com/market-history/us-10y/1971}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}