US TIPS Real Yields and Treasury Bills
US TIPS real yields and short-term Treasury bill rates daily from the Federal Reserve.
| Indicator | 24-09-2026 | 23-09-2026 | 22-09-2026 | 21-09-2026 | 18-09-2026 | 17-09-2026 | 16-09-2026 | 15-09-2026 | 14-09-2026 | 11-09-2026 | 10-09-2026 | 09-09-2026 | 08-09-2026 | 04-09-2026 | 03-09-2026 | 02-09-2026 | 01-09-2026 | 31-08-2026 | 28-08-2026 | 27-08-2026 | 26-08-2026 | 25-08-2026 | 24-08-2026 | 21-08-2026 | 20-08-2026 | 19-08-2026 | 18-08-2026 | 17-08-2026 | 14-08-2026 | 13-08-2026 | 12-08-2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Treasury Inflation-Protected Securities (TIPS) Real Yield6 | ||||||||||||||||||||||||||||||||
| 5-year real yield | 2.7 | 2.65 | 2.51 | 2.5 | 2.55 | 2.46 | 2.51 | 2.42 | 2.4 | 2.38 | 2.29 | 2.2 | 2.17 | 2.17 | 2.15 | 2.19 | 2.18 | 2.18 | 2.18 | 2.07 | 2.06 | 2.04 | 2.09 | 2.09 | 2.05 | 2.07 | 2.1 | 2.13 | 2.12 | 2.11 | 2.14 | |
| 7-year real yield | 2.77 | 2.7 | 2.56 | 2.55 | 2.6 | 2.52 | 2.59 | 2.51 | 2.49 | 2.48 | 2.41 | 2.32 | 2.29 | 2.29 | 2.27 | 2.31 | 2.3 | 2.29 | 2.29 | 2.19 | 2.18 | 2.16 | 2.22 | 2.23 | 2.18 | 2.19 | 2.24 | 2.27 | 2.25 | 2.23 | 2.26 | |
| 10-year real yield | 2.85 | 2.76 | 2.63 | 2.62 | 2.68 | 2.61 | 2.68 | 2.62 | 2.6 | 2.6 | 2.55 | 2.46 | 2.43 | 2.43 | 2.42 | 2.45 | 2.44 | 2.44 | 2.42 | 2.34 | 2.34 | 2.32 | 2.38 | 2.4 | 2.35 | 2.35 | 2.41 | 2.44 | 2.41 | 2.39 | 2.42 | |
| 20-year real yield | 3.08 | 2.99 | 2.88 | 2.86 | 2.93 | 2.87 | 2.93 | 2.9 | 2.89 | 2.89 | 2.87 | 2.79 | 2.77 | 2.77 | 2.76 | 2.78 | 2.78 | 2.78 | 2.76 | 2.71 | 2.71 | 2.7 | 2.75 | 2.78 | 2.73 | 2.72 | 2.81 | 2.84 | 2.78 | 2.76 | 2.78 | |
| 30-year real yield | 3.21 | 3.14 | 3.04 | 3.02 | 3.09 | 3.04 | 3.09 | 3.07 | 3.05 | 3.07 | 3.05 | 2.98 | 2.96 | 2.96 | 2.96 | 2.98 | 2.98 | 2.99 | 2.96 | 2.92 | 2.92 | 2.92 | 2.97 | 3 | 2.95 | 2.94 | 3.03 | 3.06 | 3 | 2.97 | 2.99 | |
| Long-term average real yield (over 10 years) | 3.2 | 3.12 | 3.02 | 3 | 3.07 | 3.02 | 3.06 | 3.05 | 3.03 | 3.04 | 3.02 | 2.94 | 2.92 | 2.92 | 2.92 | 2.94 | 2.95 | 2.95 | 2.92 | 2.88 | 2.88 | 2.88 | 2.93 | 2.96 | 2.91 | 2.91 | 3 | 3.03 | 2.97 | 2.94 | 2.97 | |
| Treasury Bill Interest Rates (Secondary Market, Discount Basis)4 | ||||||||||||||||||||||||||||||||
| 4-week Treasury bill | 3.86 | 3.82 | 3.82 | 3.82 | 3.83 | 3.83 | 3.82 | 3.79 | 3.8 | 3.79 | 3.78 | 3.66 | 3.66 | 3.66 | 3.7 | 3.66 | 3.69 | 3.69 | 3.69 | 3.66 | 3.65 | 3.64 | 3.64 | 3.65 | 3.65 | 3.62 | 3.63 | 3.64 | 3.64 | 3.64 | 3.62 | |
| 3-month Treasury bill | 4.08 | 4.04 | 4.01 | 4.02 | 3.99 | 3.97 | 3.99 | 3.97 | 3.97 | 3.92 | 3.86 | 3.81 | 3.8 | 3.77 | 3.75 | 3.78 | 3.78 | 3.78 | 3.74 | 3.69 | 3.7 | 3.71 | 3.72 | 3.72 | 3.71 | 3.71 | 3.71 | 3.72 | 3.71 | 3.71 | 3.72 | |
| 6-month Treasury bill | 4.22 | 4.19 | 4.15 | 4.16 | 4.13 | 4.1 | 4.11 | 4.07 | 4.07 | 4.02 | 3.97 | 3.9 | 3.9 | 3.88 | 3.86 | 3.9 | 3.9 | 3.89 | 3.85 | 3.78 | 3.78 | 3.79 | 3.8 | 3.79 | 3.78 | 3.78 | 3.78 | 3.79 | 3.79 | 3.78 | 3.8 | |
| 1-year Treasury bill | 4.27 | 4.25 | 4.21 | 4.23 | 4.22 | 4.18 | 4.23 | 4.17 | 4.16 | 4.15 | 4.08 | 3.98 | 3.96 | 3.95 | 3.93 | 3.98 | 4 | 3.97 | 3.97 | 3.86 | 3.85 | 3.84 | 3.86 | 3.85 | 3.82 | 3.82 | 3.82 | 3.82 | 3.81 | 3.8 | 3.83 |
Latest reading
10-year real yield stood at 2.85 %/year in Sep 24, 2026. That is +0.1 pp from Sep 23, 2026 and +1.1 pp from a year earlier. The series on this page is daily and runs from Jan 2, 2003 to Sep 24, 2026. Source: FRED (Federal Reserve Bank of St. Louis).
- Latest
- 2.85 %/year
- Sep 24, 2026
- vs previous period
- +0.1 pp
- Sep 23, 2026
- vs a year earlier
- +1.1 pp
Look up any date
Pick a date between Jan 4, 1954 and Sep 24, 2026 to see every series in this table on that day. If there is no reading that day (weekend, holiday, or a weekly release), the last reading before it is shown.
About this data
US TIPS real yields and short-term Treasury bill rates daily from the Federal Reserve. This daily table details constant-maturity real yields on Treasury Inflation-Protected Securities and short-term bill rates. Data spans back to 1954 from FRED, providing a clear historical benchmark for risk-free borrowing costs.
Frequently asked questions
- What do US TIPS real yields and Treasury bills measure?
- They measure the inflation-adjusted yields on US Treasury Inflation-Protected Securities across various maturities alongside the risk-free short-term borrowing costs represented by Treasury bills in the United States.
- How often is this data published and how far back does it go?
- This data is published daily by the Federal Reserve Bank of St. Louis via FRED, with historical continuous series starting in 1954 to track long-term interest rate cycles in the United States.
- What specific maturities and breakdowns are included?
- The table includes 5-year, 7-year, 10-year, 20-year, and 30-year TIPS real yields, a long-term average real yield, plus 4-week, 3-month, 6-month, and 1-year US Treasury bill rates.
- How do TIPS real yields differ from nominal Treasury yields?
- Unlike nominal yields, US TIPS real yields are adjusted for expected inflation, representing the actual return investors demand above the rate of inflation in the United States.
