10-Year Treasury Yield in 2008
The US 10-year Treasury yield fell 1.79 percentage points in 2008, from 4.04% at the end of 2007 to 2.25%. Its highest close was 4.27% on Jun 13, and its lowest 2.08% on Dec 18.
10-Year Treasury Yield, daily closes 2008
Numbers mark the events belowKey Events in 2008
What happened, and how the 10Y yield moved — on the day (or the next trading day) and about a month later.
- 1
Tuesday, January 22Fed makes an emergency inter-meeting cut of 75 basis points to 3.50%. Source10Y yield: −0.14 pp that day · +0.27 pp a month later
- 2
Sunday, March 16JPMorgan Chase agrees to acquire Bear Stearns for about $2 a share with Fed financing. Source10Y yield: −0.10 pp next trading day (Mar 17) · +0.16 pp a month later
- 3
Sunday, September 7Fannie Mae and Freddie Mac are placed into federal conservatorship. Source10Y yield: 0.00 pp next trading day (Sep 8) · −0.18 pp a month later
- 4
Monday, September 15Lehman Brothers files for Chapter 11 bankruptcy protection. Source10Y yield: −0.27 pp that day · +0.34 pp a month later
- 5
Friday, October 3Emergency Economic Stabilization Act is signed, creating the $700 billion TARP. Source10Y yield: −0.03 pp that day · +0.30 pp a month later
- 6
Tuesday, November 25Fed announces purchases of up to $600 billion in agency MBS and agency debt. Source10Y yield: −0.24 pp that day · −1.15 pp a month later
- 7
Tuesday, December 16Fed cuts its federal funds target to a range of 0 to 0.25%. Source10Y yield: −0.16 pp that day · −0.30 pp a month later
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 3.67% | −0.37 pp |
| Feb | 3.53% | −0.14 pp |
| Mar | 3.45% | −0.08 pp |
| Apr | 3.77% | +0.32 pp |
| May | 4.06% | +0.29 pp |
| Jun | 3.99% | −0.07 pp |
| Jul | 3.99% | 0.00 pp |
| Aug | 3.83% | −0.16 pp |
| Sep | 3.85% | +0.02 pp |
| Oct | 4.01% | +0.16 pp |
| Nov | 2.93% | −1.08 pp |
| Dec | 2.25% | −0.68 pp |
Other Markets in 2008
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| 10-Year Treasury Yield | −1.79 pp | 2.25% |
| Dow Jones Industrial Average in 2008 | −33.8% | 8,776.39 |
| S&P 500 in 2008 | −38.5% | 903.25 |
| Nasdaq Composite in 2008 | −40.5% | 1,577.03 |
| Russell 2000 in 2008 | −34.8% | 499.45 |
| Nikkei 225 in 2008 | −42.1% | 8,859.56 |
| Gold in 2008 | +4.3% | $869.75 |
| Silver in 2008 | −26.9% | $10.79 |
| WTI crude oil in 2008 | −53.5% | $44.60 |
| Brent crude oil in 2008 | −61.8% | $35.82 |
10-Year Treasury Yield in 2008: FAQ
How much did the US 10-year Treasury yield fall in 2008?
The US 10-year Treasury yield fell 1.79 percentage points in 2008, from 4.04% at the end of 2007 to 2.25%. Its highest close was 4.27% on Jun 13, and its lowest 2.08% on Dec 18.
What were the highest and lowest closes of the US 10-year Treasury yield in 2008?
Highest: 4.27% on June 13, 2008. Lowest: 2.08% on December 18, 2008. It closed higher on 111 of 252 trading days.
What happened to the US 10-year Treasury yield on September 15, 2008?
Lehman Brothers files for Chapter 11 bankruptcy protection. The US 10-year Treasury yield fell 0.27 percentage points that day, and was +0.34 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 2008}, howpublished = {\url{https://goldprice.corgano.com/market-history/us-10y/2008}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}