Historical Year Data · 1982

10Y-3M Yield Spread in 1982

10Y-3M Yield Spread opened 1982 at 232 bps and closed at 216 bps, a -6.90% move for the year. The high of 493 bps was reached on August 20, and the low of -96 bps on February 16.

Open

232 bps

1982-01

216 bps

248 data points

High

493 bps

Aug 20

Low

-96 bps

Feb 16

Full Year Change

-6.90%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	232 bps	106 bps	250 bps	56 bps	-54.31%
Feb	-19 bps	103 bps	112 bps	-96 bps	+642.11%
Mar	104 bps	19 bps	104 bps	0 bps	-81.73%
Apr	23 bps	72 bps	96 bps	15 bps	+213.04%
May	49 bps	174 bps	174 bps	27 bps	+255.10%
Jun	138 bps	108 bps	152 bps	81 bps	-21.74%
Jul	126 bps	311 bps	311 bps	114 bps	+146.83%
Aug	369 bps	409 bps	493 bps	314 bps	+10.84%
Sep	403 bps	385 bps	446 bps	385 bps	-4.47%
Oct	391 bps	254 bps	391 bps	254 bps	-35.04%
Nov	250 bps	223 bps	250 bps	185 bps	-10.80%
Dec	219 bps	216 bps	262 bps	204 bps	-1.37%

Events During 1982

1979 Volcker Shock

Stagflation

October 1979 – August 1982

Paul Volcker's Fed raised interest rates to 20% to break entrenched inflation. The policy triggered the deepest post-war recession but ended the stagflation era and established inflation-targeting credibility.

1982 Latin American Debt Crisis

Deflation

August 1982 – 1989

Mexico defaulted on its external debt in August 1982, triggering a seven-year crisis that engulfed Brazil, Argentina, Chile, and most of Latin America. The "lost decade" reshaped emerging market finance.

Next Year

10Y-3M Yield Spread in 1983→