US nominal Treasury yield: 3-year maturity
US nominal Treasury yield: 3-year maturity stood at 4.73% in Sep 2026, according to FRED (Federal Reserve Bank of St. Louis). It is one of the indicators in the Interest rates and yields (H.15) table (Value · Monthly), with a complete series running from Apr 1953 to Sep 2026. The complete series with an interactive chart, free to download.
This indicator in the Interest rates and yields (H.15) table
| Indicator | 09-2026 | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nominal Treasury Yield | |||||||||||
| 3-year | 4.73 | 4.28 | 4.26 | 4.15 | 4.04 | 3.82 | 3.73 | 3.52 | 3.61 | 3.55 | |
| 5-year | 4.8 | 4.38 | 4.33 | 4.21 | 4.15 | 3.94 | 3.85 | 3.68 | 3.78 | 3.7 |
Understanding US nominal Treasury yield: 3-year maturity
This metric reflects the average yield earned by holders of public debt securities with a principal repayment horizon three years ahead. The calculation scope is limited to fixed-rate domestic currency debt obligations, excluding derivatives or debt tools tied to price indices. The difference from shorter maturities lies in greater sensitivity to the medium-term economic cycle and forecasts for future cost-of-capital pathways.
The statistical report is published regularly every month and may undergo certain technical adjustments in the subsequent period based on actual trading data from major market makers. When reading the chart, it should be noted that short-term fluctuations are sometimes purely technical rather than reflecting structural changes in the economy. Comparing with the previous month helps viewers promptly identify turning points in the yield trend.
Some frequently asked questions regarding this index:
Frequently asked questions
- How does the three-year mark differ from shorter maturities?
- This maturity begins to more clearly reflect forecasts for the medium-term economic cycle.
- Does this yield fluctuate significantly during inflation releases?
- Yes, volatility is typically higher than for monthly maturities when price data emerges.
- Can this data be used to forecast the real estate market?
- This index has a certain benchmark relationship with fixed-rate mortgage loans.