US 5-Year Treasury Term Premium
US 5-Year Treasury Term Premium stood at 0.45% on Oct 15, 2026, according to Federal Reserve Bank of New York — ACM Term Premia. It is one of the indicators in the Daily Treasury term premium (ACM) table (Value · Daily), with a complete series running from Jun 14, 1961 to Oct 15, 2026. The complete series with an interactive chart, free to download.
This indicator in the Daily Treasury term premium (ACM) 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Term premium | |||||||||||
| 5-Year Maturity | 0.45 | 0.5 | 0.53 | 0.58 | 0.58 | 0.63 | 0.61 | 0.62 | 0.6 | 0.58 | |
| 10-Year Maturity | 0.75 | 0.81 | 0.85 | 0.9 | 0.92 | 0.98 | 0.95 | 0.96 | 0.91 | 0.9 |
Understanding US 5-Year Treasury Term Premium
The US 5-Year Treasury Term Premium isolates the extra yield investors demand to hold intermediate government debt over a five-year maturity horizon. This measure focuses strictly on the medium-term price of duration risk, excluding both the immediate monetary policy stance and the long-horizon uncertainties captured in ten-year benchmarks. It differs from longer maturity gauges by concentrating on the specific economic cycle risks associated with the five-year segment of the curve.
Updated on each business day, the indicator contains no seasonal patterns and leaves historical daily estimates unrevised. Market participants evaluate the series by tracking persistent movements and shifts in trading ranges across consecutive sessions, avoiding calendar-based period comparisons in favor of continuous high-frequency trend analysis.