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10-Year Treasury Constant Maturity Minus 3-Month Treasury Constant Maturity (T10Y3M)

Observations

2025-03-28: -0.06
Updated: Mar 28, 2025 4:02 PM CDT
2025-03-28:  -0.06  
2025-03-27:  0.05  
2025-03-26:  0.02  
2025-03-25:  -0.02  
2025-03-24:  0.01  

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Daily
1Y5Y10YMax
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Date:
Bar 1 - 10-Year Treasury Constant Maturity Minus 3-Month Treasury Constant Maturity Vintage: 2025-03-27
Bar 1
(a) 10-Year Treasury Constant Maturity Minus 3-Month Treasury Constant Maturity, Percent, Not Seasonally Adjusted (T10Y3M)
Series is calculated as the spread between 10-Year Treasury Constant Maturity (BC_10YEAR) and 3-Month Treasury Constant Maturity (BC_3MONTH). Starting with the update on June 21, 2019, the Treasury bond data used in calculating interest rate spreads is obtained directly from the U.S. Treasury Department (https://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield).

Select a date that will equal 100 for your custom index:
  Enter date as YYYY-MM-DD
to

Write a custom formula to transform one or more series or combine two or more series.

You can begin by adding a series to combine with your existing series.

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    Now create a custom formula to combine or transform the series.

    For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

    Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

    Finally, you can change the units of your new series.

    Select a date that will equal 100 for your custom index:
        Enter date as YYYY-MM-DD

    Bar 1 - 10-Year Treasury Constant Maturity Minus 3-Month Treasury Constant Maturity Vintage: 2025-03-27
    Bar 2
    (a) 10-Year Treasury Constant Maturity Minus 3-Month Treasury Constant Maturity, Percent, Not Seasonally Adjusted (T10Y3M)
    Series is calculated as the spread between 10-Year Treasury Constant Maturity (BC_10YEAR) and 3-Month Treasury Constant Maturity (BC_3MONTH). Starting with the update on June 21, 2019, the Treasury bond data used in calculating interest rate spreads is obtained directly from the U.S. Treasury Department (https://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield).

    Select a date that will equal 100 for your custom index:
      Enter date as YYYY-MM-DD
    to

    Write a custom formula to transform one or more series or combine two or more series.

    You can begin by adding a series to combine with your existing series.

    Type keywords to search for data

      Now create a custom formula to combine or transform the series.

      For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

      Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

      Finally, you can change the units of your new series.

      Select a date that will equal 100 for your custom index:
          Enter date as YYYY-MM-DD

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      10-Year Treasury Constant Maturity Minus 3-Month Treasury Constant Maturity Vintage: 2025-03-27
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      10-Year Treasury Constant Maturity Minus 3-Month Treasury Constant Maturity Vintage: 2025-03-28
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      Notes

      Title Release Dates
      10-Year Treasury Constant Maturity Minus 3-Month Treasury Constant Maturity 2014-01-27 2025-03-28
       
      Source    
      Federal Reserve Bank of St. Louis 2014-01-27 2025-03-28
       
      Release    
      Interest Rate Spreads 2014-01-27 2025-03-28
       
      Units    
      Percent 2014-01-27 2025-03-28
       
      Frequency    
      Daily 2014-01-27 2025-03-28
       
      Seasonal Adjustment    
      Not Seasonally Adjusted 2014-01-27 2025-03-28
       
      Notes    
      Series is calculated as the spread between 10-Year Treasury Constant Maturity (https://fred.stlouisfed.org/series/DGS10) and 3-Month Treasury Constant Maturity (https://fred.stlouisfed.org/series/DGS3MO).

      		2014-01-27 2019-06-20
      Series is calculated as the spread between 10-Year Treasury Constant Maturity (BC_10YEAR) and 3-Month Treasury Constant Maturity (BC_3MONTH).
      Starting with the update on June 21, 2019, the Treasury bond data used in calculating interest rate spreads is obtained directly from the U.S. Treasury Department (https://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield).

      		2019-06-21 2025-03-28

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      Yield Curve Spread 3-Month 10-Year Maturity Treasury Daily Interest Rate Interest St. Louis Fed Rate Copyrighted: Citation Required Nation Not Seasonally Adjusted United States of America

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