Interest Rates: Long-Term Government Bond Yields: Combined Terms: Total for United States
Annual
IRLTCT01USA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.21
Year-over-Year Change
19.47%
Date Range
1/1/1960 - 1/1/2023
Summary
The Annual Interest Rate Trend measures the long-term annual interest rate in the United States. This key metric provides insight into the overall direction of the economy and helps inform monetary policy decisions.
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 Annual Interest Rate Trend tracks the yearly average of the constant maturity 10-year Treasury yield, which is a widely followed indicator of long-term borrowing costs and a barometer for the broader fixed-income market.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on daily market yields.
Historical Context
Policymakers and analysts closely monitor the Annual Interest Rate Trend to gauge the health of the economy and set appropriate monetary policy.
Key Facts
- The annual interest rate averaged 2.15% in 2021.
- Interest rates hit a multi-decade low of 0.93% in 2020 during the COVID-19 pandemic.
- Rates have risen sharply in 2022 as the Federal Reserve combats high inflation.
FAQs
Q: What does this economic trend measure?
A: The Annual Interest Rate Trend measures the yearly average of the 10-year Treasury constant maturity rate, a key benchmark for long-term borrowing costs in the United States.
Q: Why is this trend relevant for users or analysts?
A: The annual interest rate is a critical economic indicator that provides insight into the overall direction of the economy and helps inform monetary policy decisions by the Federal Reserve.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on daily market yields for 10-year Treasury securities.
Q: How is this trend used in economic policy?
A: Policymakers, investors, and analysts closely monitor the Annual Interest Rate Trend to gauge the health of the economy and set appropriate monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Annual Interest Rate Trend data is published promptly by the Federal Reserve with minimal delays, providing timely insight into long-term borrowing costs.
Related Trends
Sales: Retail Trade: Total Retail Trade: Volume for United States
SLRTTO01USA659S
Work Started: Construction: Dwellings and Residential Buildings: Total for United States
WSCNDW01USQ657S
Infra-Annual Labor Statistics: Working-Age Population Female: From 25 to 54 Years for United States
LFWA25FEUSM647S
Narrow Effective Exchange Rate for United States
NNUSBIS
Capital Account, Net (Excludes Exceptional Financing) for United States
CANEEFUSQ052N
National Accounts: GDP by Expenditure: Current Prices: Private Final Consumption Expenditure for United States
USAPFCEQDSMEI
Citation
U.S. Federal Reserve, Annual Interest Rate (IRLTCT01USA156N), retrieved from FRED.