3 Month Treasury Rate Market Daily Analysis: Daily Treasury Yield Curve Rates (2024)

FAQs

What is the 3 month Treasury rate today? ›

3 Month Treasury Bill Rate is at 5.26%, compared to 5.25% the previous market day and 5.21% last year. This is higher than the long term average of 4.19%.

"The Daily Treasury Par Yield Curve Rates" are specific rates read from the daily Treasury par yield curve at the specific "constant maturity" indicated. Thus, a yield curve rate is the single yield at a specific point on the yield curve.

The 3-Month Treasury bill is a short-term U.S. government security with a constant maturity period of 3 months. The Federal Reserve calculates yields for "constant maturities" by interpolating points along a treasury curve comprised of actively traded issues of term (e.g., 1 month) maturities.

The yield curve is normally in a positive slope because shorter maturities typically yield less than longer maturities. When the yield curve is in a positive slope, investors might expect economic growth, which can lead to inflation and ultimately higher interest rates.

To calculate yield, subtract the bill's purchase price from its face value and then divide the result by the bill's purchase price. Finally, multiply your answer by 100 to convert it to a percentage.

You can only buy T-bills in electronic form, either from a brokerage firm or directly from the government at TreasuryDirect.gov. (You can also buy Series I savings bonds through TreasuryDirect.gov).

Treasury securities are considered a safe and secure investment option because the full faith and credit of the U.S. government guarantees that interest and principal payments will be paid on time.

To calculate the price, take 180 days and multiply by 1.5 to get 270. Then, divide by 360 to get 0.75, and subtract 100 minus 0.75. The answer is 99.25. Because you're buying a $1,000 Treasury bill instead of one for $100, multiply 99.25 by 10 to get the final price of $992.50.

We sell Treasury Bills (Bills) for terms ranging from four weeks to 52 weeks. Bills are sold at a discount or at par (face value). When the bill matures, you are paid its face value. You can hold a bill until it matures or sell it before it matures.

Treasury yields are inversely related to Treasury prices, and yields are often used to price and trade fixed-income securities including Treasuries. Treasury securities with different maturities have different yields; longer-term Treasury securities usually have higher yields than shorter-term ones.

How do you trade a treasury yield curve? ›

If you believed that the Fed would continue to taper its QE program while holding short-term rates near- zero, the yield curve might continue to steepen. Thus, you might wish to “buy the curve” by buying short-term and selling long-term Treasury futures – a yield curve “steepener.”

The yield curve reflects market expectations about future Fed interest-rate moves. Increases in the Fed's target for short-term rates usually – but not always – lead to an increase in longer-term rates.

The United Kingdom 3 Months Government Bond has a 5.272% yield (last update 25 May 2024 14:23 GMT+0).

91-day T-bill auction avg disc rate

At a discount means the note is sold at a discount from face value and then redeemed at maturity at the full face value. The difference between the discounted price and the face value determines the yield. The yield on 91-day Treasury bills is the average discount rate.

4 Week Treasury Bill Rate is at 5.27%, compared to 5.26% the previous market day and 5.62% last year. This is higher than the long term average of 1.42%. The 4 Week Treasury Bill Rate is the yield received for investing in a US government issued treasury bill that has a maturity of 4 weeks.