CONVEX

Rates & Yield Curve

Live Treasury yields, term spreads, and interest rate data. Track the yield curve, Fed Funds rate, and real rates that drive borrowing costs across the economy.

Interest rates set the price of money and ripple through every asset class. An inverted yield curve has preceded every U.S. recession since the 1960s, making this the single most-watched corner of fixed income. Monitoring rate differentials, real yields, and forward expectations helps traders anticipate risk-on or risk-off regime shifts.

Data as of · 27 metrics with live data

3-Month Treasury Yield

daily
3.69%

Yield on 3-month US Treasury bill, the shortest benchmark maturity on the curve.

1Y Treasury Yield

daily
3.79%

Yield on 1-year US Treasury constant maturity securities.

2Y Treasury Yield

daily
4.00%

Yield on 2-year US Treasury, key Fed expectations proxy.

5Y Treasury Yield

daily
4.13%

Yield on 5-year US Treasury constant maturity securities.

10Y Treasury Yield

daily
4.47%

Yield on 10-year US Treasury, the global risk-free benchmark.

30Y Treasury Yield

daily
5.02%

Yield on 30-year US Treasury, long bond benchmark.

10Y-2Y Yield Spread

daily
50 bps

Spread between 10-year and 2-year Treasury yields, classic recession signal when inverted.

10Y-3M Yield Spread

daily
90 bps

Spread between 10-year Treasury and 3-month T-bill, Fed's preferred recession indicator.

5Y Real Yield (TIPS)

daily
1.46%

5-year Treasury Inflation-Protected Securities yield, real cost of capital.

10Y Real Yield (TIPS)

daily
2.00%

10-year TIPS yield, key driver for gold, crypto, and long-duration assets.

10Y Term Premium (ACM)

daily
0.70%

Adrian-Crump-Moench 10Y term premium, compensation for duration risk.

SOFR

daily
3.56%

Secured Overnight Financing Rate, replacement for LIBOR, reflects overnight repo rates.

Effective Fed Funds Rate

daily
3.63%

Effective federal funds rate, the actual rate banks charge each other overnight.

Fed Funds Target (Upper)

daily
3.75%

Upper bound of the FOMC target range for the federal funds rate.

Federal Funds Rate

monthly
3.64%

Monthly average federal funds rate, the primary tool of US monetary policy.

Bank Prime Loan Rate

daily
6.75%

Prime rate charged by commercial banks, benchmark for consumer and business loans.

5Y Breakeven Inflation

daily
2.70%

5-year breakeven inflation rate, market-implied inflation expectations.

5Y5Y Forward Inflation

daily
2.28%

5-year, 5-year forward inflation expectation rate, the Fed's preferred anchoring metric.

1-Month Treasury Yield

daily
3.72%

One-month T-bill yield, the shortest on-the-run Treasury tenor.

6-Month Treasury Yield

daily
3.76%

Six-month T-bill yield, a reliable proxy for expected policy rate over the coming half year.

3Y Treasury Yield

daily
4.04%

Yield on 3-year US Treasury constant maturity securities.

7Y Treasury Yield

daily
4.29%

Yield on 7-year US Treasury constant maturity securities, key mortgage-duration tenor.

20Y Treasury Yield

daily
5.01%

Yield on 20-year US Treasury, reintroduced in 2020 to anchor the long end of the curve.

5Y Treasury minus Fed Funds

daily
50 bps

Spread of 5-year Treasury yield over the effective federal funds rate; tracks market-implied Fed path vs short end.

10Y Treasury minus Fed Funds

daily
84 bps

Spread of 10-year Treasury yield over the effective federal funds rate; an alternative yield-curve recession gauge with longer record.

Canada Overnight Rate Target

daily
2.25%

Bank of Canada Target for the Overnight Rate, the primary policy rate set by the BoC Governing Council (Valet series V39079).

Canada 10-Year Government Bond Yield

daily
3.50%

10-year benchmark Government of Canada bond yield (Valet series V39055). The Canadian dollar-denominated long-rate anchor.

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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated at varying frequencies. This page is for informational purposes only and does not constitute financial advice.