5-Year Treasury Constant Maturity Minus Federal Funds Rate (T5YFF)

2026-10-01: 1.13
Updated: Oct 2, 2026 4:04 PM CDT
2026-10-01:  1.13  
2026-09-30:  1.21  
2026-09-29:  1.18  
2026-09-28:  1.18  
2026-09-25:  1.10  
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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 5-Year Treasury Constant Maturity (BC_5YEAR) 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, 5-Year Treasury Constant Maturity Minus Federal Funds Rate [T5YFF], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/T5YFF, .

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