Oct 2023 Spike

Treasury Yield Curve & Bond Valuation Workbench

Based on @MarketWatch report: "10-year Treasury yield briefly tops 5%, hitting highest since 2007"
Macro & Bond Parameters Real-Time Engine
Benchmark Curve Presets
5.00%
5.25%
Source Note (@MarketWatch): The benchmark 10-year Treasury yield rose to 5.02% in October 2023, marking its first breach above 5% since July 2007. This sharp re-pricing triggered significant duration-driven capital losses on existing fixed-rate bond issues.
Bond Valuation & Yield Curve Analytics Real-Time Pricing Model
10-Year Bond Price $961.49 -3.51% (vs 4.25% cost)
2Y / 10Y Curve Spread -0.25% Inverted (-25 bps)
Duration Risk Level High (8.4 years) Mod Duration: ~7.8
Annual Coupon Income $2,250,000 on $50M Holdings
US Treasury Yield Curve Comparison
Simulated Curve
2007 Peak Reference

Cross-Tenor Bond Pricing & Risk Matrix (Face Value: $1,000)

Tenor Simulated Yield Bond Price Price Impact Mac. Duration Value on $50M
Financial Mechanics: A bond's price moves inversely to yield. When the 10-year yield jumps from 4.25% to 5.00% (+75 bps), a 4.5% coupon 10-year bond depreciates from $1,020.28 to $961.49 (−3.51%). Longer tenors like the 30-year endure far steeper mark-to-market drawdown (−11.5%+) due to higher duration risk.
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