Market Yield on U.S. Treasury Securities at 3-Month Constant Maturity
The 3-month Treasury bill yield on a constant-maturity basis (Treasury/Federal Reserve H.15).
4.23%2026-10-08
Percent
Why it matters
Tracks where markets expect the policy rate over the next quarter; the risk-free cash rate.
Release schedule: Daily, business days (Treasury / Federal Reserve H.15)
Recent readings
| Period | Value | Change |
|---|---|---|
| 2026-10-08 | 4.23% | +0.01 |
| 2026-10-07 | 4.22% | +0.01 |
| 2026-10-06 | 4.21% | -0.01 |
| 2026-10-05 | 4.22% | +0.03 |
| 2026-10-02 | 4.19% | +0.02 |
| 2026-10-01 | 4.17% | -0.03 |
| 2026-09-30 | 4.20% | -0.05 |
| 2026-09-29 | 4.25% | -0.03 |
| 2026-09-28 | 4.28% | +0.04 |
| 2026-09-25 | 4.24% | +0.00 |
| 2026-09-24 | 4.24% | +0.05 |
| 2026-09-23 | 4.19% | — |
Source: FRED, Federal Reserve Bank of St. Louis; original data from the agency named in the description. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.