US ACM Term Premium
US ACM Term Premium belongs to the Treasury term premium (ACM) table (Value · Monthly), in %/year. This United States macroeconomic series is updated regularly and provided free on MacroDataHub, with an interactive chart. The complete series with an interactive chart, free to download.
This indicator in the Treasury term premium (ACM) table
| Indicator | 09-2026 | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Term premium10 | |||||||||||
| 1-year maturity | 0.29 | 0.08 | 0.1 | 0.03 | 0.06 | 0.09 | 0.08 | 0.01 | -0.01 | 0.04 | |
| 2-year maturity | 0.42 | 0.15 | 0.18 | 0.04 | 0.11 | 0.14 | 0.11 | 0 | 0.04 | 0.08 |
Understanding US ACM Term Premium
The US ACM Term Premium measures the extra compensation investors demand for bearing the interest rate risk inherent in holding long-term debt securities instead of rolling over a sequence of short-term instruments. It isolates the risk premium component embedded in the nominal yield curve, deliberately stripping out pure expectations of future short-term policy rates. Unlike its risk-neutral counterpart, which reflects only expected path trajectories, this metric captures shifts in market sentiment, supply dynamics, and inflation uncertainty over extended horizons.
Interpreting this metric requires monitoring regular publication schedules alongside frequent historical data updates driven by refined econometric modeling techniques. Analysts should observe absolute level movements and directional trends over medium-term spans rather than focusing on high-frequency noise or calendar-based seasonality. Comparing current readings against historical averages provides the most reliable gauge of term risk pricing, avoiding the distortions often found in short-term momentum assessments.