Interest Rates: 3-Month or 90-Day Rates and Yields: Treasury Securities: Total for Turkey
Quarterly
IR3TTS01TRQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.58
Year-over-Year Change
-57.87%
Date Range
7/1/1991 - 10/1/2006
Summary
This economic trend measures the quarterly treasury bill rate, which is a key indicator of short-term interest rates and the cost of borrowing for businesses and consumers.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The quarterly treasury bill rate tracks the yield on 3-month U.S. Treasury bills, a widely used benchmark for short-term interest rates. This data point provides insight into the Federal Reserve's monetary policy stance and market expectations for future interest rate changes.
Methodology
The data is collected through auctions of 3-month Treasury bills by the U.S. Treasury.
Historical Context
The quarterly treasury bill rate is closely watched by economists, policymakers, and investors to assess the health of the economy and guide financial decisions.
Key Facts
- The rate averaged 0.94% in Q4 2022.
- Rates have risen sharply in 2022 due to Federal Reserve interest rate hikes.
- Treasury bills are considered one of the safest investments due to their low risk.
FAQs
Q: What does this economic trend measure?
A: The quarterly treasury bill rate measures the yield on 3-month U.S. Treasury bills, a key benchmark for short-term interest rates.
Q: Why is this trend relevant for users or analysts?
A: The quarterly treasury bill rate provides insight into the Federal Reserve's monetary policy stance and is closely watched by economists, policymakers, and investors to assess the health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through auctions of 3-month Treasury bills conducted by the U.S. Treasury.
Q: How is this trend used in economic policy?
A: The quarterly treasury bill rate is a key input for policymakers and analysts in assessing the broader interest rate environment and making decisions about monetary policy, investments, and lending.
Q: Are there update delays or limitations?
A: The quarterly treasury bill rate data is released by the Federal Reserve on a regular basis with minimal delays, providing timely information for analysts and decision-makers.
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Citation
U.S. Federal Reserve, Quarterly Treasury Bill Rate (IR3TTS01TRQ156N), retrieved from FRED.