The whole curve, not two points of itBreakdown

What does it cost to borrow for a month, a year, or thirty years?

Name: What does it cost to borrow for a month, a year, or thirty years?
Creator: TenQ

Date	1M	3M	6M	1Y	2Y	5Y	10Y	30Y
2016-01	0.0022	0.0033	0.0043	0.0047	0.0076	0.0133	0.0194	0.0275
2016-02	0.0023	0.0033	0.0049	0.0062	0.0078	0.0122	0.0174	0.0261
2016-03	0.0018	0.0021	0.0039	0.0059	0.0073	0.0121	0.0178	0.0261
2016-04	0.0016	0.0022	0.004	0.0056	0.0077	0.0128	0.0183	0.0266
2016-05	0.0027	0.0034	0.0049	0.0068	0.0087	0.0137	0.0184	0.0264
2016-06	0.002	0.0026	0.0036	0.0045	0.0058	0.0101	0.0149	0.023
2016-07	0.0019	0.0028	0.0038	0.005	0.0067	0.0103	0.0146	0.0218
2016-08	0.0026	0.0033	0.0047	0.0061	0.008	0.0119	0.0158	0.0223
2016-09	0.002	0.0029	0.0045	0.0059	0.0077	0.0114	0.016	0.0232
2016-10	0.002	0.0034	0.0051	0.0066	0.0086	0.0131	0.0184	0.0258
2016-11	0.0038	0.0048	0.0062	0.008	0.0111	0.0183	0.0237	0.0302
2016-12	0.0044	0.0051	0.0062	0.0085	0.012	0.0193	0.0245	0.0306
2017-01	0.005	0.0052	0.0064	0.0084	0.0119	0.019	0.0245	0.0305
2017-02	0.004	0.0053	0.0069	0.0088	0.0122	0.0189	0.0236	0.0297
2017-03	0.0074	0.0076	0.0091	0.0103	0.0127	0.0193	0.024	0.0302
2017-04	0.0068	0.008	0.0099	0.0107	0.0128	0.0181	0.0229	0.0296
2017-05	0.0086	0.0098	0.0108	0.0117	0.0128	0.0175	0.0221	0.0287
2017-06	0.0084	0.0103	0.0114	0.0124	0.0138	0.0189	0.0231	0.0284
2017-07	0.01	0.0107	0.0113	0.0123	0.0134	0.0184	0.023	0.0289
2017-08	0.0095	0.0101	0.0108	0.0123	0.0133	0.017	0.0212	0.0273
2017-09	0.0096	0.0106	0.012	0.0131	0.0147	0.0192	0.0233	0.0286
2017-10	0.0099	0.0115	0.0128	0.0143	0.016	0.0201	0.0238	0.0288
2017-11	0.0114	0.0127	0.0144	0.0162	0.0178	0.0214	0.0242	0.0283
2017-12	0.0128	0.0139	0.0153	0.0176	0.0189	0.022	0.024	0.0274
2018-01	0.0143	0.0146	0.0166	0.019	0.0214	0.0252	0.0272	0.0295
2018-02	0.015	0.0165	0.0186	0.0207	0.0225	0.0265	0.0287	0.0313
2018-03	0.0163	0.0173	0.0193	0.0209	0.0227	0.0256	0.0274	0.0297
2018-04	0.0165	0.0187	0.0204	0.0224	0.0249	0.0279	0.0295	0.0311
2018-05	0.0176	0.0193	0.0208	0.0223	0.024	0.0268	0.0283	0.03
2018-06	0.0177	0.0193	0.0211	0.0233	0.0252	0.0273	0.0285	0.0298
2018-07	0.0194	0.0203	0.0221	0.0244	0.0267	0.0285	0.0296	0.0308
2018-08	0.0195	0.0211	0.0228	0.0246	0.0262	0.0274	0.0286	0.0302
2018-09	0.0212	0.0219	0.0236	0.0259	0.0281	0.0294	0.0305	0.0319
2018-10	0.022	0.0234	0.0249	0.0269	0.0287	0.0298	0.0315	0.0339
2018-11	0.0231	0.0237	0.0252	0.027	0.028	0.0284	0.0301	0.033
2018-12	0.0244	0.0245	0.0256	0.0263	0.0248	0.0251	0.0269	0.0302
2019-01	0.0242	0.0241	0.0246	0.0255	0.0245	0.0243	0.0263	0.0299
2019-02	0.0244	0.0245	0.025	0.0254	0.0252	0.0252	0.0273	0.0309
2019-03	0.0243	0.024	0.0244	0.024	0.0227	0.0223	0.0241	0.0281
2019-04	0.0243	0.0243	0.0246	0.0239	0.0227	0.0228	0.0251	0.0293
2019-05	0.0235	0.0235	0.0235	0.0221	0.0195	0.0193	0.0214	0.0258
2019-06	0.0218	0.0212	0.0209	0.0192	0.0175	0.0176	0.02	0.0252
2019-07	0.0201	0.0208	0.021	0.02	0.0189	0.0184	0.0202	0.0253
2019-08	0.021	0.0199	0.0189	0.0176	0.015	0.0139	0.015	0.0196
2019-09	0.0191	0.0188	0.0183	0.0175	0.0163	0.0155	0.0168	0.0212
2019-10	0.0159	0.0154	0.0157	0.0153	0.0152	0.0151	0.0169	0.0217
2019-11	0.0162	0.0159	0.0163	0.016	0.0161	0.0162	0.0178	0.0221
2019-12	0.0148	0.0155	0.016	0.0159	0.0158	0.0169	0.0192	0.0239
2020-01	0.0156	0.0155	0.0154	0.0145	0.0133	0.0132	0.0151	0.0199
2020-02	0.0145	0.0127	0.0111	0.0097	0.0086	0.0089	0.0113	0.0165
2020-03	0.0005	0.0011	0.0015	0.0017	0.0023	0.0037	0.007	0.0135
2020-04	0.001	0.0009	0.0011	0.0016	0.002	0.0036	0.0064	0.0128
2020-05	0.0013	0.0014	0.0018	0.0017	0.0016	0.003	0.0065	0.0141
2020-06	0.0013	0.0016	0.0018	0.0016	0.0016	0.0029	0.0066	0.0141
2020-07	0.0009	0.0009	0.001	0.0011	0.0011	0.0021	0.0055	0.012
2020-08	0.0008	0.0011	0.0013	0.0012	0.0014	0.0028	0.0072	0.0149
2020-09	0.0008	0.001	0.0011	0.0012	0.0013	0.0028	0.0069	0.0146
2020-10	0.0008	0.0009	0.0011	0.0013	0.0014	0.0038	0.0088	0.0165
2020-11	0.0008	0.0008	0.0009	0.0011	0.0016	0.0036	0.0084	0.0158
2020-12	0.0008	0.0009	0.0009	0.001	0.0013	0.0036	0.0093	0.0165
2021-01	0.0007	0.0006	0.0007	0.001	0.0011	0.0045	0.0111	0.0187
2021-02	0.0004	0.0004	0.0005	0.0008	0.0014	0.0075	0.0144	0.0217
2021-03	0.0001	0.0003	0.0005	0.0007	0.0016	0.0092	0.0174	0.0241
2021-04	0.0001	0.0001	0.0003	0.0005	0.0016	0.0086	0.0165	0.023
2021-05	0.0001	0.0001	0.0003	0.0005	0.0014	0.0079	0.0158	0.0226
2021-06	0.0005	0.0005	0.0006	0.0007	0.0025	0.0087	0.0145	0.0206
2021-07	0.0005	0.0006	0.0005	0.0007	0.0019	0.0069	0.0124	0.0189
2021-08	0.0003	0.0004	0.0006	0.0007	0.002	0.0077	0.013	0.0192
2021-09	0.0007	0.0004	0.0005	0.0009	0.0028	0.0098	0.0152	0.0208
2021-10	0.0006	0.0005	0.0007	0.0015	0.0048	0.0118	0.0155	0.0193
2021-11	0.0011	0.0005	0.001	0.0024	0.0052	0.0114	0.0143	0.0178
2021-12	0.0006	0.0006	0.0019	0.0039	0.0073	0.0126	0.0152	0.019
2022-01	0.0003	0.0022	0.0049	0.0078	0.0118	0.0162	0.0179	0.0211
2022-02	0.0006	0.0035	0.0069	0.0101	0.0144	0.0171	0.0183	0.0217
2022-03	0.0017	0.0052	0.0106	0.0163	0.0228	0.0242	0.0232	0.0244
2022-04	0.0037	0.0085	0.0141	0.021	0.027	0.0292	0.0289	0.0296
2022-05	0.0073	0.0116	0.0164	0.0208	0.0253	0.0281	0.0285	0.0307
2022-06	0.0128	0.0172	0.0251	0.028	0.0292	0.0301	0.0298	0.0314
2022-07	0.0222	0.0241	0.0291	0.0298	0.0289	0.027	0.0267	0.03
2022-08	0.024	0.0296	0.0332	0.035	0.0345	0.033	0.0315	0.0327
2022-09	0.0279	0.0333	0.0392	0.0405	0.0422	0.0406	0.0383	0.0379
2022-10	0.0373	0.0422	0.0457	0.0466	0.0451	0.0427	0.041	0.0422
2022-11	0.0407	0.0437	0.047	0.0474	0.0438	0.0382	0.0368	0.038
2022-12	0.0412	0.0442	0.0476	0.0473	0.0441	0.0399	0.0388	0.0397
2023-01	0.0458	0.047	0.048	0.0468	0.0421	0.0363	0.0352	0.0365
2023-02	0.0465	0.0488	0.0517	0.0502	0.0481	0.0418	0.0392	0.0393
2023-03	0.0474	0.0485	0.0494	0.0464	0.0406	0.036	0.0348	0.0367
2023-04	0.0435	0.051	0.0506	0.048	0.0404	0.0351	0.0344	0.0367
2023-05	0.0528	0.0552	0.0546	0.0518	0.044	0.0374	0.0364	0.0385
2023-06	0.0524	0.0543	0.0547	0.054	0.0487	0.0413	0.0381	0.0385
2023-07	0.0548	0.0555	0.0553	0.0537	0.0488	0.0418	0.0397	0.0402
2023-08	0.0552	0.0556	0.0548	0.0537	0.0485	0.0423	0.0409	0.042
2023-09	0.0555	0.0555	0.0553	0.0546	0.0503	0.046	0.0459	0.0473
2023-10	0.0556	0.0559	0.0554	0.0544	0.0507	0.0482	0.0488	0.0504
2023-11	0.0556	0.0545	0.0538	0.0516	0.0473	0.0431	0.0437	0.0454
2023-12	0.056	0.054	0.0526	0.0479	0.0423	0.0384	0.0388	0.0403
2024-01	0.0553	0.0542	0.0518	0.0473	0.0427	0.0391	0.0399	0.0422
2024-02	0.0553	0.0545	0.053	0.0501	0.0464	0.0426	0.0425	0.0438
2024-03	0.0549	0.0546	0.0538	0.0503	0.0459	0.0421	0.042	0.0434
2024-04	0.0548	0.0546	0.0544	0.0525	0.0504	0.0472	0.0469	0.0479
2024-05	0.0548	0.0546	0.0542	0.0518	0.0489	0.0452	0.0451	0.0465
2024-06	0.0547	0.0548	0.0533	0.0509	0.0471	0.0433	0.0436	0.0451
2024-07	0.0549	0.0541	0.0514	0.0473	0.0429	0.0397	0.0409	0.0435
2024-08	0.0541	0.0521	0.0489	0.0438	0.0391	0.0371	0.0391	0.042
2024-09	0.0493	0.0473	0.0438	0.0398	0.0366	0.0358	0.0381	0.0414
2024-10	0.0476	0.0464	0.0443	0.0427	0.0416	0.0415	0.0428	0.0447
2024-11	0.0476	0.0458	0.0442	0.043	0.0413	0.0405	0.0418	0.0436
2024-12	0.044	0.0437	0.0424	0.0416	0.0425	0.0438	0.0458	0.0478
2025-01	0.0437	0.0431	0.0428	0.0417	0.0422	0.0436	0.0458	0.0483
2025-02	0.0438	0.0432	0.0425	0.0408	0.0399	0.0403	0.0424	0.0451
2025-03	0.0438	0.0432	0.0423	0.0403	0.0389	0.0396	0.0423	0.0459
2025-04	0.0435	0.0431	0.0419	0.0385	0.036	0.0372	0.0417	0.0466
2025-05	0.0433	0.0436	0.0436	0.0411	0.0389	0.0396	0.0441	0.0492
2025-06	0.0428	0.0441	0.0429	0.0396	0.0372	0.0379	0.0424	0.0478
2025-07	0.0449	0.0441	0.0431	0.041	0.0394	0.0396	0.0437	0.0489
2025-08	0.0441	0.0423	0.0401	0.0383	0.0359	0.0368	0.0423	0.0492
2025-09	0.042	0.0402	0.0383	0.0368	0.036	0.0374	0.0416	0.0473
2025-10	0.0406	0.0389	0.0379	0.037	0.036	0.0371	0.0411	0.0467
2025-11	0.0405	0.0388	0.0374	0.0361	0.0347	0.0359	0.0402	0.0467
2025-12	0.0374	0.0367	0.0359	0.0348	0.0347	0.0373	0.0418	0.0484
2026-01	0.0372	0.0367	0.0361	0.0348	0.0352	0.0379	0.0426	0.0487
2026-02	0.0374	0.0367	0.036	0.0348	0.0338	0.0351	0.0397	0.0464
2026-03	0.0374	0.037	0.0372	0.0368	0.0379	0.0392	0.043	0.0488
2026-04	0.0372	0.0368	0.0371	0.0372	0.0388	0.0402	0.044	0.0498
2026-05	0.0372	0.0369	0.0378	0.0379	0.0398	0.0413	0.0445	0.0499
2026-06	0.037	0.0387	0.0401	0.0398	0.0414	0.0419	0.0444	0.0491
2026-07	0.0378	0.0383	0.0398	0.0408	0.0428	0.0445	0.0475	0.0527
2026-08	0.0385	0.0391	0.0399	0.0416	0.0434	0.0449	0.0475	0.0525
2026-09	0.0394	0.0411	0.0418	0.0437	0.0465	0.048	0.0497	0.0534

→A one-month Treasury bill yields 3.94% and a thirty-year bond 5.34%, with the ten-year at 4.97%. The line between them is the yield curve: it normally slopes up, because money lent for longer carries more risk of being repaid in dollars that buy less.

Source: FRED, Federal Reserve Bank of St. Louis · as at 2026-09

Constant-maturity yields published daily by the US Treasury. The maturities are spaced evenly along the axis rather than to scale: the gap from one month to three is eight weeks and the gap from ten years to thirty is two decades, and drawing that honestly would squeeze the short end - the part the Fed actually controls - into nothing. Every yield curve anywhere is drawn this way, for that reason.

Where this comes from

Source: FRED, Federal Reserve Bank of St. Louis (official)
Which in turn reads: US federal statistical agencies
How current: As at 2026-09 · checked every 3 days
What we hold: 129 observations, from 2016-01 to 2026-09
Attribution: Series retrieved from FRED, Federal Reserve Bank of St. Louis. Every series read here is produced by a US government agency and is in the public domain; FRED's licensed third-party series are deliberately not read.