Historical Year Data · 1980

5-Year Note Auction High Yield in 1980

5-Year Note Auction High Yield opened 1980 at 14.50% and closed at 13.54%, a -6.62% move for the year. The high of 14.50% was reached on February 26, and the low of 9.69% on June 3.

Open

14.50%

1980-01

13.54%

4 data points

High

14.50%

Feb 26

Low

9.69%

Jun 3

Full Year Change

-6.62%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Feb	14.50%	14.50%	14.50%	14.50%	+0.00%
Jun	9.69%	9.69%	9.69%	9.69%	+0.00%
Aug	11.78%	11.78%	11.78%	11.78%	+0.00%
Dec	13.54%	13.54%	13.54%	13.54%	+0.00%

Events During 1980

1979 Volcker Shock

Stagflation

October 1979 – August 1982

Paul Volcker's Fed raised interest rates to 20% to break entrenched inflation. The policy triggered the deepest post-war recession but ended the stagflation era and established inflation-targeting credibility.

Next Year

5-Year Note Auction High Yield in 1981→