Interest Rates: Long-Term Government Bond Yields: Combined Terms: Total for United States
Quarterly
IRLTCT01USQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.73
Year-over-Year Change
233.18%
Date Range
1/1/1960 - 10/1/2023
Summary
The 'Quarterly' trend measures the 3-month Treasury constant maturity rate, which is an important indicator of short-term interest rates and financial market conditions in the United States.
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' trend tracks the average yield on U.S. Treasury securities at a 3-month constant maturity. This rate is a key benchmark used by policymakers, investors, and analysts to assess monetary policy and economic growth.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on the daily yield curve.
Historical Context
The 3-month Treasury rate is closely monitored for its implications on consumer borrowing, business investment, and the broader economy.
Key Facts
- The 3-month Treasury rate reached an all-time high of 15.8% in 1981.
- The rate has averaged around 3% over the past 20 years.
- The Federal Reserve uses this rate as a key input for setting monetary policy.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly' trend tracks the average yield on 3-month U.S. Treasury securities, which is a key indicator of short-term interest rates in the United States.
Q: Why is this trend relevant for users or analysts?
A: The 3-month Treasury rate is a critical benchmark used by policymakers, investors, and economists to assess monetary policy, financial market conditions, and the broader economic outlook.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on the daily Treasury yield curve.
Q: How is this trend used in economic policy?
A: The 3-month Treasury rate is closely monitored by the Federal Reserve and other institutions as an indicator of short-term interest rates and financial market conditions, which informs monetary policy decisions.
Q: Are there update delays or limitations?
A: The 'Quarterly' data is published by the Federal Reserve with a lag of approximately 3 months.
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Citation
U.S. Federal Reserve, Quarterly (IRLTCT01USQ156N), retrieved from FRED.