10-Year Treasury Yield under George W. Bush
10-Year Treasury Yield went from 5.2% in George W. Bush's first month to 4.2% at month 48: a change of −0.9 pts. At that point in office it ranks #3 of 9 administrations since 1969. Official data from the Federal Reserve.
All administrations at month 48
| Rank | Administration | Value at month 48 | Change since month 1 | Latest / end of month 48 | Primary federal source |
|---|---|---|---|---|---|
| #1 | Donald Trump (first term) | 0.9% | −1.5 pts | 0.9% (month 48) | Federal Reserve · GS10 |
| #2 | Barack Obama | 1.7% | −0.8 pts | 1.7% (month 48) | Federal Reserve · GS10 |
| #3 | George W. Bush | 4.2% | −0.9 pts | 4.2% (month 48) | Federal Reserve · GS10 |
| #4 | Joe Biden | 4.4% | +3.3 pts | 4.4% (month 48) | Federal Reserve · GS10 |
| #5 | Bill Clinton | 6.3% | −0.3 pts | 6.3% (month 48) | Federal Reserve · GS10 |
| #6 | Richard Nixon | 6.4% | +0.3 pts | 6.4% (month 48) | Federal Reserve · GS10 |
| #7 | George H. W. Bush | 6.8% | −2.3 pts | 6.8% (month 48) | Federal Reserve · GS10 |
| #8 | Ronald Reagan | 11.5% | −1.1 pts | 11.5% (month 48) | Federal Reserve · GS10 |
| #9 | Jimmy Carter | 12.8% | +5.6 pts | 12.8% (month 48) | Federal Reserve · GS10 |
Methodology and source verification
Monthly average of the 10-year constant-maturity Treasury yield (Federal Reserve H.15).
Every administration is aligned to its own inauguration: month 1 is the month it took office, and the comparison runs to month 48 (the first term). Each administration is compared at the same month in office, so a president halfway through a term is never measured against another's full four years.
Primary source: Federal Reserve. Retrieved from the Federal Reserve Bank of St. Louis (FRED), series GS10, refreshed hourly. Latest observation 2026-10-01, first published 2026-11-02. Full methods: methodology.