Chart 10
Year 10-Year Treasury Note Yield at Constant Maturity (% p.a.) Number of Commercial Bank/Thrift Failures
1954 2.40 2
1955 2.82 5
1956 3.18 2
1957 3.65 1
1958 3.32 4
1959 4.33 3
1960 4.12 1
1961 3.88 5
1962 3.95 0
1963 4.00 2
1964 4.19 7
1965 4.28 5
1966 4.92 7
1967 5.07 4
1968 5.65 3
1969 6.67 9
1970 7.35 7
1971 6.16 7
1972 6.21 2
1973 6.84 6
1974 7.56 5
1975 7.99 13
1976 7.61 17
1977 7.42 6
1978 8.41 7
1979 9.44 10
1980 11.46 22
1981 13.91 44
1982 13.00 115
1983 11.11 99
1984 12.44 106
1985 10.62 174
1986 7.68 205
1987 8.38 251
1988 8.85 464
1989 8.50 533
1990 8.55 382
1991 7.86 271
1992 7.01 181
1993 5.87 50
1994 7.08 15
1995 6.58 8
1996 6.44 6
1997 6.35 1
1998 5.26 3
1999 5.64 8
2000 6.03 7
2001 5.02 4
2002 4.61 11
2003 4.02 3