Historical Year Data · 2003

3-Month Treasury Yield in 2003

3-Month Treasury Yield opened 2003 at 1.22% and closed at 0.95%, a -22.13% move for the year. The high of 1.22% was reached on January 2, and the low of 0.81% on June 19.

Open

1.22%

2003-01

0.95%

250 data points

High

1.22%

Jan 2

Low

0.81%

Jun 19

Full Year Change

-22.13%

2002 Change

-29.89%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	1.22%	1.18%	1.22%	1.16%	-3.28%
Feb	1.18%	1.20%	1.21%	1.16%	+1.69%
Mar	1.20%	1.14%	1.20%	1.08%	-5.00%
Apr	1.12%	1.13%	1.20%	1.11%	+0.89%
May	1.10%	1.11%	1.13%	1.04%	+0.91%
Jun	1.14%	0.90%	1.14%	0.81%	-21.05%
Jul	0.89%	0.96%	0.99%	0.87%	+7.87%
Aug	0.95%	0.98%	1.02%	0.95%	+3.16%
Sep	0.98%	0.95%	0.98%	0.93%	-3.06%
Oct	0.95%	0.96%	0.98%	0.91%	+1.05%
Nov	0.96%	0.93%	0.97%	0.93%	-3.12%
Dec	0.95%	0.95%	0.95%	0.87%	+0.00%

Events During 2003

1990 Japanese Bubble Collapse

Deflation

January 1990 – 2003

The Nikkei 225 peaked at 38,957 on December 29, 1989, then fell 82% over 13 years. Japan entered its "lost decades" of deflation, zero rates, and structural stagnation that still shapes global markets today.

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