Investors and those following the movement of interest rates look at the movement of Treasury yields as an indicator of things to come. Their rates are considered an important benchmark: Because Treasury securities are backed by the full faith and credit of the U.S. Treasury, they represent the rate at which investment is considered risk-free.
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| This Week | Month Ago | Year Ago | |
|---|---|---|---|
| Ten-Year Treasury Constant Maturity | 4.56 | 4.12 | 3.57 |
| 182-day T-bill auction avg disc rate | 5.315 | 5.35 | 3.78 |
| One-Year MTA | 4.8 | 4.626 | 1.372 |
| Two-Year Treasury Constant Maturity | 5.04 | 4.87 | 3.96 |
| Five-Year Treasury Constant Maturity | 4.62 | 4.26 | 3.75 |
| 91-day T-bill auction avg disc rate | 5.33 | 5.34 | 3.27 |
| One-Year CMT (Monthly) | 5.37 | 5.37 | 3.28 |
| One-Year Treasury Constant Maturity | 5.45 | 5.37 | 4.03 |
Ratings methodology
Since investors in riskier investments command a higher return as compensation, the yields on many bonds and money market instruments are priced at a spread over the corresponding risk-free Treasury rate. Yields on money markets and certificates of deposit are often priced relative to yields on Treasuries of a similar length. Adjustable rate mortgages can be indexed to the one-year Treasury. Fixed mortgage rates are closely linked to movements in long-term Treasury yields, as mortgages are often packaged together and sold as mortgage-backed bonds. Yields on short-term Treasuries can behave differently from yields on longer-term Treasuries.
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Mortgage Rates
HIGH YIELD CD AND MMA RATES
