November 2016

The zero curve on each of 20 trading days this month.

0.50%1.00%1.50%2.00%2.50%3.00%3.50%Nov 1, 2016Nov 30, 2016Nov 1, 20162Y zero rate0.861%10Y zero rate1.892%30Y zero rate2.712%Nov 2, 20162Y zero rate0.840%10Y zero rate1.860%30Y zero rate2.708%Nov 3, 20162Y zero rate0.844%10Y zero rate1.871%30Y zero rate2.767%Nov 4, 20162Y zero rate0.826%10Y zero rate1.836%30Y zero rate2.731%Nov 7, 20162Y zero rate0.853%10Y zero rate1.891%30Y zero rate2.749%Nov 8, 20162Y zero rate0.894%10Y zero rate1.933%30Y zero rate2.838%Nov 9, 20162Y zero rate0.946%10Y zero rate2.154%30Y zero rate3.113%Nov 10, 20162Y zero rate0.972%10Y zero rate2.235%30Y zero rate3.210%Nov 14, 20162Y zero rate1.045%10Y zero rate2.320%30Y zero rate3.259%Nov 15, 20162Y zero rate1.062%10Y zero rate2.327%30Y zero rate3.220%Nov 16, 20162Y zero rate1.054%10Y zero rate2.316%30Y zero rate3.170%Nov 17, 20162Y zero rate1.084%10Y zero rate2.386%30Y zero rate3.259%Nov 18, 20162Y zero rate1.115%10Y zero rate2.438%30Y zero rate3.264%Nov 21, 20162Y zero rate1.118%10Y zero rate2.425%30Y zero rate3.247%Nov 22, 20162Y zero rate1.119%10Y zero rate2.415%30Y zero rate3.255%Nov 23, 20162Y zero rate1.172%10Y zero rate2.455%30Y zero rate3.269%Nov 25, 20162Y zero rate1.165%10Y zero rate2.459%30Y zero rate3.249%Nov 28, 20162Y zero rate1.142%10Y zero rate2.417%30Y zero rate3.233%Nov 29, 20162Y zero rate1.132%10Y zero rate2.402%30Y zero rate3.187%Nov 30, 20162Y zero rate1.153%10Y zero rate2.472%30Y zero rate3.257%
2Y zero rate10Y zero rate30Y zero rate
Zero rate first, last, low and high for each charted tenor across November 2016.
TenorFirstLastChangeLowHigh
2Y0.861%1.153%+29.2 bp0.826%Nov 4, 20161.172%Nov 23, 2016
10Y1.892%2.472%+58.0 bp1.836%Nov 4, 20162.472%Nov 30, 2016
30Y2.712%3.257%+54.5 bp2.708%Nov 2, 20163.269%Nov 23, 2016

Rates are percent; the change column is basis points. A rise in yield is a fall in price, so the colours here describe the rate rather than a bondholder's return.

Every trading day

Zero rate at 2, 10 and 30 years for every fitted trading day in November 2016.
Date2 year10 year30 year
Nov 1, 20160.861%1.892%2.712%
Nov 2, 20160.840%1.860%2.708%
Nov 3, 20160.844%1.871%2.767%
Nov 4, 20160.826%1.836%2.731%
Nov 7, 20160.853%1.891%2.749%
Nov 8, 20160.894%1.933%2.838%
Nov 9, 20160.946%2.154%3.113%
Nov 10, 20160.972%2.235%3.210%
Nov 14, 20161.045%2.320%3.259%
Nov 15, 20161.062%2.327%3.220%
Nov 16, 20161.054%2.316%3.170%
Nov 17, 20161.084%2.386%3.259%
Nov 18, 20161.115%2.438%3.264%
Nov 21, 20161.118%2.425%3.247%
Nov 22, 20161.119%2.415%3.255%
Nov 23, 20161.172%2.455%3.269%
Nov 25, 20161.165%2.459%3.249%
Nov 28, 20161.142%2.417%3.233%
Nov 29, 20161.132%2.402%3.187%
Nov 30, 20161.153%2.472%3.257%

Index levels before September 30, 2026 are back-tested. They were computed after the fact by applying the rules to historical data, which benefits from hindsight in the choice of rules, and an index cannot be invested in directly. Methodology v1.0 takes effect at that rebalance, when levels begin to be struck on the day; the rulebook is identical either way, and the version is published on every row.

A fitted curve is a fit, not a quote. Daily error averages 3.8 basis points across the history and reaches about 20 on the worst days, in December 2008, when the market was genuinely hard to fit one smooth curve to. Every curve page publishes its own fit error rather than burying it.

Free to benchmark against. Paid only to track. Measuring anything against these curves and indices is free. No license, no fee, no registration, and no permission needed to say that you did, including in a prospectus. A fee applies to one thing: launching a product that tracks an index.

Safe Rate™, Safe Rate Indices™ and the Safe Rate US Treasury Index™ are trademarks of Safe Rate, claimed through use in commerce and not registered. Third-party marks are the property of their owners, which are not affiliated with and do not endorse this data.

Curves are fitted from public Treasury data and carry fit error; figures are not a record of trading, and an index cannot be invested in directly. No claim of compliance with the IOSCO Principles for Financial Benchmarks is made or implied. Not investment advice, not an offer, and not a recommendation to buy or sell any security.