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Graph and download economic data for 1-Year Treasury Constant Maturity Minus Federal Funds Rate (T1YFF) from 1962-01-02 to 2025-07-10 about yield curve, 1-year, spread, maturity, Treasury, federal, interest rate, interest, rate, and USA.
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United States - Market Yield on U.S. Treasury Securities at 1-Year Constant Maturity was 4.09% in May of 2025, according to the United States Federal Reserve. Historically, United States - Market Yield on U.S. Treasury Securities at 1-Year Constant Maturity reached a record high of 16.72 in August of 1981 and a record low of 0.05 in May of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Market Yield on U.S. Treasury Securities at 1-Year Constant Maturity - last updated from the United States Federal Reserve on June of 2025.
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Graph and download economic data for 1-Year Treasury Bill Secondary Market Rate, Discount Basis (DTB1YR) from 1959-07-15 to 2025-07-10 about secondary market, 1-year, bills, Treasury, interest rate, interest, rate, and USA.
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United States - 1-Year Treasury Bill Secondary Market Rate was 3.85% in July of 2025, according to the United States Federal Reserve. Historically, United States - 1-Year Treasury Bill Secondary Market Rate reached a record high of 15.05 in September of 1981 and a record low of 0.04 in May of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - 1-Year Treasury Bill Secondary Market Rate - last updated from the United States Federal Reserve on July of 2025.
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China Bond Yield: Treasury Bond: 1 Year data was reported at 1.451 % pa in 16 May 2025. This records an increase from the previous number of 1.438 % pa for 15 May 2025. China Bond Yield: Treasury Bond: 1 Year data is updated daily, averaging 2.569 % pa from Mar 2006 (Median) to 16 May 2025, with 4806 observations. The data reached an all-time high of 4.250 % pa in 07 Jan 2014 and a record low of 0.931 % pa in 24 Dec 2024. China Bond Yield: Treasury Bond: 1 Year data remains active status in CEIC and is reported by China Central Depository & Clearing Co., Ltd. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MF: PBC & CCDC: Treasury Bond and Other Bond Yield: Daily.
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Series is calculated as the spread between 1-Year Treasury Constant Maturity (BC_1YEAR) and Effective Federal Funds Rate (https://fred.stlouisfed.org/series/DFF). Starting with the update on June 21, 2019, the Treasury bond data used in calculating interest rate spreads is obtained directly from the U.S. Treasury Department (https://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield).
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data source (https://www.federalreserve.gov/apps/ContactUs/feedback.aspx?refurl=/releases/h15/%). For questions on FRED functionality, please contact us here (https://fred.stlouisfed.org/contactus/).
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United States Treasury Bills Yield: Constant Maturity: Nominal: MA: 1 Year data was reported at 2.699 % pa in Nov 2018. This records an increase from the previous number of 2.652 % pa for Oct 2018. United States Treasury Bills Yield: Constant Maturity: Nominal: MA: 1 Year data is updated monthly, averaging 4.715 % pa from Apr 1953 (Median) to Nov 2018, with 788 observations. The data reached an all-time high of 16.719 % pa in Aug 1981 and a record low of 0.097 % pa in May 2014. United States Treasury Bills Yield: Constant Maturity: Nominal: MA: 1 Year data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.M008: Treasury Securities Yields.
In December 2024, the yield on a 10-year U.S. Treasury note was **** percent, forecasted to decrease to reach **** percent by August 2025. Treasury securities are debt instruments used by the government to finance the national debt. Who owns treasury notes? Because the U.S. treasury notes are generally assumed to be a risk-free investment, they are often used by large financial institutions as collateral. Because of this, billions of dollars in treasury securities are traded daily. Other countries also hold U.S. treasury securities, as do U.S. households. Investors and institutions accept the relatively low interest rate because the U.S. Treasury guarantees the investment. Looking into the future Because these notes are so commonly traded, their interest rate also serves as a signal about the market’s expectations of future growth. When markets expect the economy to grow, forecasts for treasury notes will reflect that in a higher interest rate. In fact, one harbinger of recession is an inverted yield curve, when the return on 3-month treasury bills is higher than the ten-year rate. While this does not always lead to a recession, it certainly signals pessimism from financial markets.
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United States - Market Yield on U.S. Treasury Securities at 1-Year Constant Maturity was 4.07% in July of 2025, according to the United States Federal Reserve. Historically, United States - Market Yield on U.S. Treasury Securities at 1-Year Constant Maturity reached a record high of 17.31 in September of 1981 and a record low of 0.04 in May of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Market Yield on U.S. Treasury Securities at 1-Year Constant Maturity - last updated from the United States Federal Reserve on July of 2025.
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United States - 1-Year Treasury Constant Maturity Minus Federal Funds Rate was -0.26% in July of 2025, according to the United States Federal Reserve. Historically, United States - 1-Year Treasury Constant Maturity Minus Federal Funds Rate reached a record high of 3.61 in December of 1965 and a record low of -10.11 in December of 1986. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - 1-Year Treasury Constant Maturity Minus Federal Funds Rate - last updated from the United States Federal Reserve on July of 2025.
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View a 1-year yield estimated from the average yields of a variety of Treasury securities with different maturities derived from the Treasury yield curve.
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The yield on US 2 Year Note Bond Yield rose to 3.91% on July 11, 2025, marking a 0.03 percentage point increase from the previous session. Over the past month, the yield has fallen by 0.01 points and is 0.55 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. US 2 Year Treasury Bond Note Yield - values, historical data, forecasts and news - updated on July of 2025.
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China Bond Yield: Medium & Short Term Note (AAA): 1 Year data was reported at 1.699 % pa in 16 May 2025. This records an increase from the previous number of 1.687 % pa for 15 May 2025. China Bond Yield: Medium & Short Term Note (AAA): 1 Year data is updated daily, averaging 3.261 % pa from Dec 2006 (Median) to 16 May 2025, with 4599 observations. The data reached an all-time high of 6.325 % pa in 25 Dec 2013 and a record low of 1.615 % pa in 06 Jan 2025. China Bond Yield: Medium & Short Term Note (AAA): 1 Year data remains active status in CEIC and is reported by China Central Depository & Clearing Co., Ltd. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MF: PBC & CCDC: Treasury Bond and Other Bond Yield: Daily.
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Canada Treasury Bills Yield: LW: 1 Year data was reported at 2.540 % pa in Apr 2025. This records a decrease from the previous number of 2.610 % pa for Mar 2025. Canada Treasury Bills Yield: LW: 1 Year data is updated monthly, averaging 2.185 % pa from Jan 1998 (Median) to Apr 2025, with 328 observations. The data reached an all-time high of 6.250 % pa in May 2000 and a record low of 0.120 % pa in Jan 2021. Canada Treasury Bills Yield: LW: 1 Year data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.M012: Treasury Bills Yield.
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The yield on Singapore 12 Month Bill Yield rose to 1.82% on July 11, 2025, marking a 0.02 percentage point increase from the previous session. Over the past month, the yield has fallen by 0.17 points and is 1.75 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for Singapore 12 Month Bill Yield.
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Graph and download economic data for Treasury Yield: 12 Month CD <100M (TY12MCD) from Apr 2021 to Jun 2025 about CD, 1-year, Treasury, yield, interest rate, interest, rate, and USA.
1-Year Treasury Minus Federal Funds Rate: 63 years of historical data from 1962 to 2025.
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China Treasury Bond Yield: Primary Market: Certificated: 1 Year data was reported at 3.600 % pa in 10 May 2014. This records a decrease from the previous number of 3.850 % pa for 10 Nov 2011. China Treasury Bond Yield: Primary Market: Certificated: 1 Year data is updated daily, averaging 2.725 % pa from Aug 2009 (Median) to 10 May 2014, with 12 observations. The data reached an all-time high of 3.850 % pa in 10 Nov 2011 and a record low of 2.600 % pa in 13 Sep 2010. China Treasury Bond Yield: Primary Market: Certificated: 1 Year data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MF: MOF: Treasury Bond Yield: Primary Market: Daily.
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The spot rate for any maturity is defined as the yield on a bond that gives a single payment at that maturity. This is called a zero coupon bond. Because high quality zero coupon bonds are not generally available, the HQM methodology computes the spot rates so as to make them consistent with the yields on other high quality bonds. The HQM yield curve uses data from a set of high quality corporate bonds rated AAA, AA, or A that accurately represent the high quality corporate bond market.
The HQM methodology projects yields beyond 30 years maturity out to 100 years maturity to get discount rates for long-dated pension liabilities.
For more information see https://www.treasury.gov/resource-center/economic-policy/corp-bond-yield/Pages/Corp-Yield-Bond-Curve-Papers.aspx
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Graph and download economic data for 1-Year Treasury Constant Maturity Minus Federal Funds Rate (T1YFF) from 1962-01-02 to 2025-07-10 about yield curve, 1-year, spread, maturity, Treasury, federal, interest rate, interest, rate, and USA.