The yield on US 3 Year Note Bond Yield rose to 3.89% on July 14, 2025, marking a 0.02 percentage point increase from the previous session. Over the past month, the yield has fallen by 0.05 points and is 0.36 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. United States 3 Year Note Yield - values, historical data, forecasts and news - updated on July of 2025.

Graph and download economic data for Market Yield on U.S. Treasury Securities at 30-Year Constant Maturity, Quoted on an Investment Basis (DGS30) from 1977-02-15 to 2025-07-10 about 30-year, maturity, Treasury, interest rate, interest, rate, and USA.

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.

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

The yield on US 3 Month Bill Bond Yield eased to 4.35% on July 11, 2025, marking a 0.01 percentage point decrease from the previous session. Over the past month, the yield has fallen by 0.03 points and is 0.99 points lower than a year ago, 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 July of 2025.

Interactive chart showing the daily 5 year treasury yield back to 1962. The values shown are daily data published by the Federal Reserve Board based on the average yield of a range of Treasury securities, all adjusted to the equivalent of a five-year maturity.

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.

Graph and download economic data for Market Yield on U.S. Treasury Securities at 5-Year Constant Maturity, Quoted on an Investment Basis, Inflation-Indexed (DFII5) from 2003-01-02 to 2025-07-10 about TIPS, maturity, securities, Treasury, interest rate, interest, real, 5-year, rate, and USA.

Graph and download economic data for Market Yield on U.S. Treasury Securities at 20-Year Constant Maturity, Quoted on an Investment Basis, Inflation-Indexed (DFII20) from 2004-07-27 to 2025-07-10 about 20-year, TIPS, maturity, securities, Treasury, interest rate, interest, real, rate, and USA.

The yield on US 30 Year Bond Yield rose to 4.96% on July 11, 2025, marking a 0.09 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.11 points and is 0.56 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. United States 30 Year Bond Yield - values, historical data, forecasts and news - updated on July of 2025.

The yield on India 3 Year Bond Yield rose to 5.87% on July 11, 2025, marking a 0.07 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.05 points, though it remains 1.05 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 India 3Y.

As of April 16, 2025, the yield for a ten-year U.S. government bond was 4.34 percent, while the yield for a two-year bond was 3.86 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 the following years. 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.

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 **** percent.

These rates are the daily secondary market quotation on the most recently auctioned Treasury Bills for each maturity tranche (4-week, 13-week, 26-week, and 52-week) that Treasury currently issues new Bills. Market quotations are obtained at approximately 3:30 PM each business day by the Federal Reserve Bank of New York. The Bank Discount rate is the rate at which a Bill is quoted in the secondary market and is based on the par value, amount of the discount and a 360-day year. The Coupon Equivalent, also called the Bond Equivalent, or the Investment Yield, is the bill's yield based on the purchase price, discount, and a 365- or 366-day year. The Coupon Equivalent can be used to compare the yield on a discount bill to the yield on a nominal coupon bond that pays semiannual interest.

The yield on China 3 Year Bond Yield rose to 1.42% on July 11, 2025, marking a 0 percentage point increase from the previous session. Over the past month, the yield has fallen by 0.02 points and is 0.38 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 China 3Y.

The yield on UK 3 Year Bond Yield rose to 3.88% on July 11, 2025, marking a 0.02 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.03 points, though it remains 0.16 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 UK 3Y.

Thailand Treasury Bill & Government Bond Yield: Average: BOT: 3 Year data was reported at 2.120 % pa in Oct 2018. This records an increase from the previous number of 2.060 % pa for Sep 2018. Thailand Treasury Bill & Government Bond Yield: Average: BOT: 3 Year data is updated monthly, averaging 2.820 % pa from Jan 2005 (Median) to Oct 2018, with 166 observations. The data reached an all-time high of 5.520 % pa in Nov 2005 and a record low of 1.380 % pa in Apr 2016. Thailand Treasury Bill & Government Bond Yield: Average: BOT: 3 Year 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.

Graph and download economic data for Treasury Yield: 36 Month CD <100M (TY36MCD) from Apr 2021 to Jun 2025 about 3-year, CD, Treasury, yield, interest rate, interest, rate, and USA.

The yield on Canada 3 Year Bond Yield rose to 2.80% on July 11, 2025, marking a 0.05 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.06 points, though it remains 0.86 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 Canada 3Y.

Graph and download economic data for Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity, Quoted on an Investment Basis (DGS2) from 1976-06-01 to 2025-07-10 about 2-year, maturity, Treasury, interest rate, interest, rate, and USA.