US 10-Year Bond Yield Historical & Portfolio Impact Analyzer

Evaluate macro duration drawdowns, borrowing rate multipliers, and equity risk premium compression at the 5.04% Treasury benchmark.

Yield Curve & Benchmark Sensitivity Validated 5.04% Yield Impact Calculated

10-Year Benchmark Treasury Yield 5.04%

2020 Low: 0.50% 2007 Peak: 5.04% Stress Test: 6.50%

Source Event: US 10-year Treasury rate crossed 5.04%, matching peaks prior to the 2008 global financial crisis.

Transmission Channel: Higher risk-free yields discount long-dated cash flows, reduce equity risk premium (ERP), and cause immediate capital losses on existing duration.

Portfolio Stress Model

Total Portfolio ($)

Existing Bond Coupon (%)

Effective Duration (Yrs)

Equity Allocation (%)

Portfolio Duration Impact -5.925% -$23,700 Bond Capital Drag

Annual Fixed Income Income $17,000 On $400,000 Bond Allocation

Borrowing Rate Multiplier 1.48x Corporate Spread Stress Factor

Equity Risk Premium (ERP) 2.15% Compressed vs S&P 500 Earnings Yield