Fitted Yield on a 1 Year Zero Coupon Bond
THREEFY1 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.94
Year-over-Year Change
-2.68%
Date Range
10/4/2021 - 8/1/2025
Summary
The 'Fitted Yield on a 1 Year Zero Coupon Bond' tracks the theoretical yield on a U.S. Treasury bond with a 1-year maturity. This metric provides insight into short-term interest rate expectations and is closely monitored by economists and policymakers.
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 fitted yield on a 1-year zero coupon bond is a model-based estimate of the theoretical yield on a U.S. Treasury security with exactly 1 year remaining until maturity. This forward rate can offer clues about the market's expectations for future short-term interest rate movements.
Methodology
The data is calculated by the U.S. Federal Reserve based on a yield curve model.
Historical Context
Policymakers and analysts use this metric to assess monetary policy stances and gauge market sentiment.
Key Facts
- Measured in percentage points
- Data available from 1961 to present
- Often cited as a leading economic indicator
FAQs
Q: What does this economic trend measure?
A: The 'Fitted Yield on a 1 Year Zero Coupon Bond' estimates the theoretical yield on a 1-year U.S. Treasury security with no coupon payments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into short-term interest rate expectations, which is crucial for understanding monetary policy and bond market dynamics.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve calculates this metric using a yield curve model.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this rate to assess the stance of monetary policy and gauge market sentiment about future interest rate movements.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve with minimal delays.
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Citation
U.S. Federal Reserve, Fitted Yield on a 1 Year Zero Coupon Bond (THREEFY1), retrieved from FRED.