Selected Interest Rates Instruments, Yields in percent per annum

Monthly

	Percent
Name	Aug 2026	Jul 2026	Aug 2025
Federal funds (effective)	3.63	3.63	4.33
Commercial Paper
Nonfinancial
1-month	3.69	3.68	4.28
2-month	3.72	3.72	4.25
3-month	3.73	3.73	4.20
Financial
1-month	3.70	3.67	4.31
2-month	3.75	3.73	4.25
3-month	3.82	3.82	4.22
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	3.64	3.64	4.27
3-month	3.72	3.73	4.12
6-month	3.81	3.84	3.94
1-year	3.86	3.87	3.74
Treasury constant maturities
Nominal
1-month	3.79	3.74	4.46
3-month	3.88	3.87	4.30
6-month	3.97	4.00	4.11
1-year	4.03	4.05	3.89
2-year	4.22	4.22	3.70
3-year	4.28	4.26	3.67
5-year	4.38	4.33	3.79
7-year	4.52	4.46	4.00
10-year	4.68	4.60	4.26
20-year	5.22	5.11	4.85
30-year	5.22	5.10	4.87
Inflation indexed
5-year	2.12	2.07	1.35
7-year	2.24	2.20	1.61
10-year	2.40	2.35	1.88
20-year	2.76	2.70	2.35
30-year	2.97	2.90	2.60
Inflation-indexed long-term average	2.94	2.87	2.53