Historical Year Data · 2025
10Y Treasury minus Fed Funds in 2025
10Y Treasury minus Fed Funds opened 2025 at 24 bps and closed at 54 bps, a +125.00% move for the year. The high of 55 bps was reached on December 12, and the low of -32 bps on April 4.
Open
24 bps
2025-01
Close
54 bps
249 data points
High
55 bps
Dec 12
Low
-32 bps
Apr 4
Full Year Change
+125.00%
2024 Change
+118.12%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 24 bps | 25 bps | 46 bps | 19 bps | +4.17% |
| Feb | 21 bps | -9 bps | 29 bps | -9 bps | -142.86% |
| Mar | -17 bps | -10 bps | 5 bps | -17 bps | +41.18% |
| Apr | -16 bps | -16 bps | 15 bps | -32 bps | +0.00% |
| May | -8 bps | 8 bps | 25 bps | -8 bps | +200.00% |
| Jun | 13 bps | -9 bps | 18 bps | -9 bps | -169.23% |
| Jul | -7 bps | 4 bps | 17 bps | -7 bps | +157.14% |
| Aug | -10 bps | -10 bps | 1 bps | -11 bps | +0.00% |
| Sep | -5 bps | 7 bps | 11 bps | -32 bps | +240.00% |
| Oct | 3 bps | 25 bps | 25 bps | -14 bps | +733.33% |
| Nov | 26 bps | 13 bps | 30 bps | 12 bps | -50.00% |
| Dec | 20 bps | 54 bps | 55 bps | 17 bps | +170.00% |
Events During 2025
Related Metrics
Get historical context as markets unfold, regime classification, scenario triggers, and analysis in your inbox.