US Treasury Term Premium
US Treasury Term Premium belongs to the Daily Treasury term premium (ACM) table (Value · Daily), 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 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 premium3 | |||||||||||
| 2-Year Maturity | 0.33 | 0.35 | 0.37 | 0.4 | 0.39 | 0.42 | 0.43 | 0.45 | 0.43 | 0.41 | |
| 5-Year Maturity | 0.45 | 0.5 | 0.53 | 0.58 | 0.58 | 0.63 | 0.61 | 0.62 | 0.6 | 0.58 |
Understanding US Treasury Term Premium
The US Treasury Term Premium tracks the excess compensation investors demand for holding long-term government debt rather than rolling over short-term bills over the entire yield curve. This aggregate measure isolates the pure duration risk and supply-demand pressures from the expected path of future monetary policy. It specifically strips out expectations for short-term interest rates, differentiating itself from nominal yields that conflate policy outlook with term risk.
This daily metric updates with each trading session, reflecting shifting market sentiment without seasonal adjustment or historical revisions to past daily prints. Analysts monitor the daily trajectory rather than traditional calendar comparisons, assessing the level against past trading ranges to gauge broader bond market sentiment and structural shifts in investor demand.