Fitted Yield on a 5 Year Zero Coupon Bond
THREEFY5 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.79
Year-over-Year Change
-4.99%
Date Range
10/4/2021 - 8/1/2025
Summary
The 'Fitted Yield on a 5 Year Zero Coupon Bond' measures the theoretical yield of a zero-coupon U.S. Treasury bond with a 5-year maturity. This metric is closely watched by economists and policymakers for insights into long-term interest rate expectations.
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 5-year zero-coupon Treasury bond provides a benchmark for longer-term interest rate trends. It reflects market expectations of future short-term interest rates and is used to interpret the shape of the yield curve.
Methodology
The data is calculated by the U.S. Federal Reserve based on prices of outstanding Treasury securities.
Historical Context
Policymakers and analysts monitor this yield as an indicator of the fixed-income market's long-term outlook.
Key Facts
- The 5-year zero coupon yield is a key input for the U.S. Treasury yield curve.
- This metric serves as a benchmark for longer-term inflation and interest rate expectations.
- The 5-year zero coupon yield is published daily by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The 'Fitted Yield on a 5 Year Zero Coupon Bond' measures the theoretical yield of a zero-coupon U.S. Treasury bond with a 5-year maturity.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into longer-term interest rate expectations and is closely watched by economists, policymakers, and fixed-income market participants.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on prices of outstanding Treasury securities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this yield as an indicator of the fixed-income market's long-term outlook, which informs monetary policy decisions.
Q: Are there update delays or limitations?
A: The 5-year zero coupon yield is published daily by the Federal Reserve with no significant update delays.
Similar THREEFY Trends
Fitted Instantaneous Forward Rate 1 Year Hence
THREEFF1
Fitted Yield on a 6 Year Zero Coupon Bond
THREEFY6
Instantaneous Forward Term Premium 6 Years Hence
THREEFFTP6
Fitted Yield on a 8 Year Zero Coupon Bond
THREEFY8
Fitted Yield on a 10 Year Zero Coupon Bond
THREEFY10
Fitted Instantaneous Forward Rate 9 Years Hence
THREEFF9
Citation
U.S. Federal Reserve, Fitted Yield on a 5 Year Zero Coupon Bond (THREEFY5), retrieved from FRED.