1-Year Treasury Bill Secondary Market Rate, Discount Basis
Weekly
WTB1YR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.90
Year-over-Year Change
0.78%
Date Range
6/6/2008 - 8/1/2025
Summary
The Weekly Treasury Bill Rate (WTB1YR) tracks the yield on one-year U.S. Treasury bills, providing a key indicator of short-term government borrowing costs. This metric is crucial for understanding market expectations about interest rates, inflation, and overall economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The WTB1YR represents the weekly interest rate at which the U.S. government can borrow money for a one-year period through Treasury bills. Economists and investors closely monitor this rate as a benchmark for short-term financial market conditions and potential economic trends.
Methodology
The rate is calculated through competitive auctions of Treasury securities, reflecting current market demand and expectations for short-term government debt.
Historical Context
This indicator is used by policymakers, investors, and financial analysts to assess monetary policy implications, investment strategies, and broader economic forecasts.
Key Facts
- Represents the yield on one-year U.S. Treasury bills
- Updated weekly through competitive market auctions
- Critical indicator for short-term borrowing costs and economic expectations
FAQs
Q: What does the WTB1YR rate indicate?
A: The rate shows the current yield on one-year U.S. Treasury bills, reflecting short-term government borrowing costs and market expectations.
Q: How often is the WTB1YR rate updated?
A: The rate is updated weekly through competitive auctions of Treasury securities.
Q: Why do investors care about this rate?
A: Investors use this rate to assess potential returns, economic conditions, and make informed investment decisions in short-term government securities.
Q: How does the WTB1YR relate to monetary policy?
A: The rate provides insights into Federal Reserve monetary policy and market expectations about future interest rate movements.
Q: What are the limitations of the WTB1YR?
A: The rate represents a snapshot of current market conditions and can change rapidly based on economic factors and investor sentiment.
Related Trends
Citation
U.S. Federal Reserve, Weekly [WTB1YR], retrieved from FRED.
Last Checked: 8/1/2025