US 1-Month Government Bond Yield
US 1-Month Government Bond Yield stood at 4.17% on Oct 15, 2026, according to FRED (Federal Reserve Bank of St. Louis). It is one of the indicators in the Government bond yields table (Value · Daily), with a complete series running from Jul 31, 2001 to Oct 15, 2026. The complete series with an interactive chart, free to download.
This indicator in the Government bond yields table
| Indicator | 15-10-2026 | 14-10-2026 | 13-10-2026 | 09-10-2026 | 08-10-2026 | 07-10-2026 | 06-10-2026 | 05-10-2026 | 02-10-2026 | 01-10-2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1-month | 4.17 | 4.11 | 4.1 | 4.13 | 4.14 | 4.07 | 4.06 | 4.05 | 4.04 | 4.06 | |
| 3-month | 4.28 | 4.28 | 4.26 | 4.25 | 4.23 | 4.22 | 4.21 | 4.22 | 4.19 | 4.17 | |
| 6-month | 4.35 | 4.37 | 4.34 | 4.32 | 4.3 | 4.28 | 4.28 | 4.3 | 4.27 | 4.27 |
Understanding US 1-Month Government Bond Yield
The one-month US Government bonds yield measures the annualised rate of return of government debt maturing in approximately one month, derived from market transaction prices. It reflects the rate investors require to lend to the government for a very short duration, rather than the actual interest received over exactly one month or deposit interest rate. Compared to longer maturities in the same table, this indicator is more sensitive to immediate liquidity conditions and near-term policy expectations.
Daily comparisons help identify rapid market responses, while matching the same point in the previous cycle evaluates trends. Small divergences may stem from trading supply and demand, issuance schedules, or end-period effects, meaning a single session should not be interpreted as a long-term shift. Rising yields imply falling bond prices. Annualisation also means the figure on the chart cannot be interpreted as a guaranteed return if held for just one month.
Frequently asked questions
- Does a one-month yield represent the interest earned over a one-month period?
- No. This is an annualized rate derived from the pricing of very short-term instruments.
- Why can yields swing sharply in just a single day?
- Trading prices react quickly to policy expectations, cash demand, and short-term bond supply and demand.
- Does a higher yield mean bond prices are rising?
- Typically the opposite: falling prices cause yields calculated from those prices to increase.