Federal Reserve Economic Data

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

Observations

2025-12-08: -0.14
Updated: Dec 9, 2025 4:03 PM CST
Next Release Date: Dec 10, 2025
2025-12-08:  -0.14  
2025-12-05:  -0.17  
2025-12-04:  -0.21  
2025-12-03:  -0.27  
2025-12-02:  -0.23  
View All

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Daily

Fullscreen

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, .

Release Tables

Related Data and Content

Data Suggestions Based On Your Search

Content Suggestions

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 Maturity Treasury Federal 5-Year Interest Rate Daily Interest St. Louis Fed Rate Copyrighted: Citation Required Nation United States of America Not Seasonally Adjusted

Back to Top

Subscribe to the FRED newsletter

Follow us

 

Need Help?

Questions or Comments
FRED Help
Legal
Privacy Notice & Policy