Federal Reserve Economic Data

3-Month Treasury Constant Maturity Minus Federal Funds Rate (T3MFF)

Observations

2026-01-13: 0.03
Updated: Jan 14, 2026 4:03 PM CST
Next Release Date: Jan 15, 2026
2026-01-13:  0.03  
2026-01-12:  0.03  
2026-01-09:  -0.02  
2026-01-08:  -0.02  
2026-01-07:  -0.02  
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Units:

Percent,
Not Seasonally Adjusted

Frequency:

Daily

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Notes

Source: Federal Reserve Bank of St. Louis  

Release: Interest Rate Spreads

Units:  Percent, Not Seasonally Adjusted

Frequency:  Daily

Notes:

Series is calculated as the spread between 3-Month Treasury Constant Maturity (BC_3MONTH) and Effective Federal Funds Rate (https://fred.stlouisfed.org/series/EFFR).
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.

Suggested Citation:

Federal Reserve Bank of St. Louis, 3-Month Treasury Constant Maturity Minus Federal Funds Rate [T3MFF], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/T3MFF, .

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Other Formats

Monthly, Not Seasonally Adjusted

Related Categories

Interest Rate Spreads Interest Rates Money, Banking, & Finance

Releases

More Series from Interest Rate Spreads

Tags

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

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