US 3 Month Bill Bond Yield was 4.29 percent on Wednesday March 26, according to over-the-counter interbank yield quotes for this government bond maturity. United States 3 Month Bill Yield - values, historical data, forecasts and news - updated on March of 2025.

View values of the average interest rate at which Treasury bills with a 3-month maturity are sold on the secondary market.

Graph and download economic data for Market Yield on U.S. Treasury Securities at 3-Month Constant Maturity, Quoted on an Investment Basis (DGS3MO) from 1981-09-01 to 2025-03-25 about bills, 3-month, maturity, Treasury, interest rate, interest, rate, and USA.

The average rates for U.S. government three-month Treasury bills on the secondary marekt fluctuated significantly from 1970 to 2023 while decreasing overall. In 2023, the average rate for a three-month U.S. Treasury bill was five percent.

In December 2024, the yield on a 10-year U.S. Treasury note was 4.39 percent, forecasted to decrease to reach 3.27 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.

Graph and download economic data for Market Yield on U.S. Treasury Securities at 1-Month Constant Maturity, Quoted on an Investment Basis (DGS1MO) from 2001-07-31 to 2025-03-25 about 1-month, bills, maturity, Treasury, interest rate, interest, rate, and USA.

Graph and download economic data for Yields on Short-Term United States Securities, Three-Six Month Treasury Notes and Certificates, Three Month Treasury Bills for United States (M1329AUSM193NNBR) from Jan 1920 to Mar 1934 about short-term, 6-month, notes, bills, 3-month, securities, Treasury, yield, interest rate, interest, rate, and USA.

United States - 3-Month Treasury Bill Minus Federal Funds Rate was -0.11% in February of 2025, according to the United States Federal Reserve. Historically, United States - 3-Month Treasury Bill Minus Federal Funds Rate reached a record high of 1.07 in July of 1961 and a record low of -5.37 in July of 1974. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - 3-Month Treasury Bill Minus Federal Funds Rate - last updated from the United States Federal Reserve on March of 2025.

United States - 3-Month Treasury Bill Secondary Market Rate was 4.20% in March of 2025, according to the United States Federal Reserve. Historically, United States - 3-Month Treasury Bill Secondary Market Rate reached a record high of 17.14 in December of 1980 and a record low of -0.05 in March of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - 3-Month Treasury Bill Secondary Market Rate - last updated from the United States Federal Reserve on March of 2025.

China Bond Yield: Treasury Bond: 3 Month data was reported at 1.570 % pa in 25 Mar 2025. This records a decrease from the previous number of 1.580 % pa for 24 Mar 2025. China Bond Yield: Treasury Bond: 3 Month data is updated daily, averaging 2.304 % pa from Mar 2006 (Median) to 25 Mar 2025, with 4771 observations. The data reached an all-time high of 5.113 % pa in 21 Jun 2013 and a record low of 0.782 % pa in 25 Dec 2024. China Bond Yield: Treasury Bond: 3 Month 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. [COVID-19-IMPACT]

United States - 3-Month Treasury Bill Secondary Market Rate was 0.67% in April of 2022, according to the United States Federal Reserve. Historically, United States - 3-Month Treasury Bill Secondary Market Rate reached a record high of 16.76 in December of 1980 and a record low of -0.01 in March of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - 3-Month Treasury Bill Secondary Market Rate - last updated from the United States Federal Reserve on March of 2025.

This statistic shows money market interest rates of short term government securities in the United States from 2007 to 2023. In December 2021, the average market yield of 3-month treasury bills on U.S. government securities amounted to 0.06 percent. Due to increased policy rates by the U.S. Federal Reserve, interest rates on government securities rose throughout 2022 and 2023, reaching an average of 5.44 percent for the 3-month treasury bill and 5.34 percent for the 6-month treasury bill.

Graph and download economic data for 3-Month or 90-day Rates and Yields: Treasury Securities for the United Kingdom (IR3TTS01GBM156N) from Jan 1960 to Jun 2017 about 3-month, United Kingdom, securities, Treasury, yield, interest rate, interest, and rate.

France 3 Month Bond Yield was 2.33 percent on Wednesday March 26, according to over-the-counter interbank yield quotes for this government bond maturity. France 3 Month Bill Yield - values, historical data, forecasts and news - updated on March of 2025.

As of October 16, 2024, the yield for a ten-year U.S. government bond was 4.04 percent, while the yield for a two-year bond was 3.96 percent. This represents an inverted yield curve, whereby bonds of longer maturities provide a lower yield, reflecting investors' expectations for a decline in long-term interest rates. Hence, making long-term debt holders open to more risk under the uncertainty around the condition of financial markets in the future. That markets are uncertain can be seen by considering both the short-term fluctuations, and the long-term downward trend, of the yields of U.S. government bonds from 2006 to 2021, before the treasury yield curve increased again significantly in 2022 and 2023. What are government bonds? Government bonds, otherwise called ‘sovereign’ or ‘treasury’ bonds, are financial instruments used by governments to raise money for government spending. Investors give the government a certain amount of money (the ‘face value’), to be repaid at a specified time in the future (the ‘maturity date’). In addition, the government makes regular periodic interest payments (called ‘coupon payments’). Once initially issued, government bonds are tradable on financial markets, meaning their value can fluctuate over time (even though the underlying face value and coupon payments remain the same). Investors are attracted to government bonds as, provided the country in question has a stable economy and political system, they are a very safe investment. Accordingly, in periods of economic turmoil, investors may be willing to accept a negative overall return in order to have a safe haven for their money. For example, once the market value is compared to the total received from remaining interest payments and the face value, investors have been willing to accept a negative return on two-year German government bonds between 2014 and 2021. Conversely, if the underlying economy and political structures are weak, investors demand a higher return to compensate for the higher risk they take on. Consequently, the return on bonds in emerging markets like Brazil are consistently higher than that of the United States (and other developed economies). Inverted yield curves When investors are worried about the financial future, it can lead to what is called an ‘inverted yield curve’. An inverted yield curve is where investors pay more for short term bonds than long term, indicating they do not have confidence in long-term financial conditions. Historically, the yield curve has historically inverted before each of the last five U.S. recessions. The last U.S. yield curve inversion occurred at several brief points in 2019 – a trend which continued until the Federal Reserve cut interest rates several times over that year. However, the ultimate trigger for the next recession was the unpredicted, exogenous shock of the global coronavirus (COVID-19) pandemic, showing how such informal indicators may be grounded just as much in coincidence as causation.

Thailand Treasury Bill & Government Bond Yield: Average: BOT: 3 Month data was reported at 1.280 % pa in Jun 2018. This records a decrease from the previous number of 1.300 % pa for May 2018. Thailand Treasury Bill & Government Bond Yield: Average: BOT: 3 Month data is updated monthly, averaging 2.180 % pa from Jan 2005 (Median) to Jun 2018, with 162 observations. The data reached an all-time high of 4.960 % pa in Jul 2006 and a record low of 0.930 % pa in Apr 2009. Thailand Treasury Bill & Government Bond Yield: Average: BOT: 3 Month data remains active status in CEIC and is reported by Bank of Thailand. The data is categorized under Global Database’s Thailand – Table TH.M005: Treasury Bill and Bond Yield.

India 3 Month Bond Yield was 6.62 percent on Wednesday March 26, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for India 3M.

United States Treasury Bills Rate: Secondary Market: Month Average: 3 Months data was reported at 2.326 % pa in Nov 2018. This records an increase from the previous number of 2.249 % pa for Oct 2018. United States Treasury Bills Rate: Secondary Market: Month Average: 3 Months data is updated monthly, averaging 2.957 % pa from Jan 1934 (Median) to Nov 2018, with 1019 observations. The data reached an all-time high of 16.305 % pa in May 1981 and a record low of 0.010 % pa in Jan 1940. United States Treasury Bills Rate: Secondary Market: Month Average: 3 Months 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.M004: Treasury Bills Rates.

United States FRBOP Forecast: Treasury Bills Rate: 3 Months: Mean: Plus 1 Qtr data was reported at 1.981 % in Jun 2018. This records an increase from the previous number of 1.667 % for Mar 2018. United States FRBOP Forecast: Treasury Bills Rate: 3 Months: Mean: Plus 1 Qtr data is updated quarterly, averaging 4.450 % from Sep 1981 (Median) to Jun 2018, with 148 observations. The data reached an all-time high of 14.439 % in Sep 1981 and a record low of 0.057 % in Mar 2012. United States FRBOP Forecast: Treasury Bills Rate: 3 Months: Mean: Plus 1 Qtr data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s USA – Table US.M006: Treasury Bills Rates: Forecast: Federal Reserve Bank of Philadelphia.

China Bond Yield: Medium & Short Term Note (AAA): 3 Month data was reported at 1.946 % pa in 25 Mar 2025. This records a decrease from the previous number of 1.961 % pa for 24 Mar 2025. China Bond Yield: Medium & Short Term Note (AAA): 3 Month data is updated daily, averaging 3.017 % pa from Dec 2006 (Median) to 25 Mar 2025, with 4564 observations. The data reached an all-time high of 6.479 % pa in 24 Dec 2013 and a record low of 1.484 % pa in 20 Apr 2020. China Bond Yield: Medium & Short Term Note (AAA): 3 Month 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.