CONVEX
Historical Year Data · 2025

10-Year Note Primary Dealer Share in 2025

10-Year Note Primary Dealer Share opened 2025 at 12.78% and closed at 8.79%, a -31.28% move for the year. The high of 12.83% was reached on March 12, and the low of 4.20% on September 10.

Open
12.78%
2025-01
Close
8.79%
12 data points
High
12.83%
Mar 12
Low
4.20%
Sep 10
Full Year Change
-31.28%
2024 Change
-31.09%

Monthly Breakdown

MonthOpenCloseHighLowChange
Jan12.78%12.78%12.78%12.78%+0.00%
Feb11.58%11.58%11.58%11.58%+0.00%
Mar12.83%12.83%12.83%12.83%+0.00%
Apr9.15%9.15%9.15%9.15%+0.00%
May6.57%6.57%6.57%6.57%+0.00%
Jun8.77%8.77%8.77%8.77%+0.00%
Jul9.70%9.70%9.70%9.70%+0.00%
Aug12.02%12.02%12.02%12.02%+0.00%
Sep4.20%4.20%4.20%4.20%+0.00%
Oct8.91%8.91%8.91%8.91%+0.00%
Nov9.01%9.01%9.01%9.01%+0.00%
Dec8.79%8.79%8.79%8.79%+0.00%

Events During 2025

Related Metrics

Get historical context as markets unfold, regime classification, scenario triggers, and analysis in your inbox.