Selected Interest Rates Instruments, Yields in percent per annum

Monthly

	Percent
Name	Apr 2026	Mar 2026	Apr 2025
Federal funds (effective)	3.64	3.64	4.33
Commercial Paper
Nonfinancial
1-month	3.70	3.72	4.34
2-month	3.72	3.72	4.34
3-month	3.70	3.71	4.32
Financial
1-month	3.69	3.64	4.32
2-month	3.78	3.67	4.33
3-month	3.77	3.69	4.32
Bank prime loan	6.75	6.75	7.50
Discount window primary credit	3.75	3.75	4.50
U.S. government securities
Treasury bills (secondary market)
4-week	3.60	3.64	4.24
3-month	3.61	3.61	4.21
6-month	3.59	3.58	4.05
1-year	3.54	3.52	3.80
Treasury constant maturities
Nominal
1-month	3.69	3.74	4.35
3-month	3.70	3.72	4.32
6-month	3.72	3.72	4.20
1-year	3.69	3.67	3.95
2-year	3.80	3.71	3.78
3-year	3.82	3.73	3.78
5-year	3.94	3.85	3.91
7-year	4.12	4.04	4.08
10-year	4.32	4.25	4.28
20-year	4.89	4.83	4.74
30-year	4.91	4.85	4.71
Inflation indexed
5-year	1.34	1.29	1.57
7-year	1.65	1.61	1.82
10-year	1.94	1.91	2.04
20-year	2.42	2.38	2.36
30-year	2.66	2.62	2.51
Inflation-indexed long-term average	2.59	2.55	2.47