3.98% for Q4 2025
Level Chart
Basic Info
Median Forecasts for 3-Month Treasury Bill Rate is at 3.98%, compared to 4.10% last quarter and 5.13% last year. This is higher than the long term average of 3.83%.
| Region | United States |
| Source | Federal Reserve Bank of Philadelphia |
Stats
| Last Value | 3.98% |
| Latest Period | Dec 2025 |
| Last Updated | Aug 9 2024, 11:21 EDT |
| Next Release | Nov 15 2024, 10:00 EST |
| Long Term Average | 3.83% |
| Average Growth Rate | 36.31% |
| Value from Last Quarter | 4.10% |
| Change from Last Quarter | -2.93% |
| Value from 1 Year Ago | 5.13% |
| Change from 1 Year Ago | -22.42% |
| Frequency | Quarterly |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |
| Notes | Forecasts for the quarterly average three-month Treasury bill rate. Percentage points. Quarterly forecasts are for the quarterly average of the underlying daily levels. Data always shows the latest forecast. |
Historical Data
View and export this data back to 1981. Upgrade now.
| Date | Value |
|---|---|
| December 31, 2025 | 3.98% |
| September 30, 2025 | 4.10% |
| June 30, 2025 | 4.40% |
| March 31, 2025 | 4.75% |
| December 31, 2024 | 5.13% |
| September 30, 2024 | 5.24% |
| June 30, 2024 | 5.23% |
| March 31, 2024 | 5.28% |
| December 31, 2023 | 5.29% |
| September 30, 2023 | 5.07% |
| June 30, 2023 | 4.63% |
| March 31, 2023 | 4.04% |
| December 31, 2022 | 2.66% |
| September 30, 2022 | 1.08% |
| June 30, 2022 | 0.31% |
| March 31, 2022 | 0.05% |
| December 31, 2021 | 0.05% |
| September 30, 2021 | 0.03% |
| June 30, 2021 | 0.05% |
| March 31, 2021 | 0.09% |
| December 31, 2020 | 0.11% |
| September 30, 2020 | 0.14% |
| June 30, 2020 | 1.11% |
| March 31, 2020 | 1.58% |
| December 31, 2019 | 1.98% |
| Date | Value |
|---|---|
| September 30, 2019 | 2.30% |
| June 30, 2019 | 2.39% |
| March 31, 2019 | 2.32% |
| December 31, 2018 | 2.04% |
| September 30, 2018 | 1.84% |
| June 30, 2018 | 1.56% |
| March 31, 2018 | 1.21% |
| December 31, 2017 | 1.04% |
| September 30, 2017 | 0.89% |
| June 30, 2017 | 0.59% |
| March 31, 2017 | 0.43% |
| December 31, 2016 | 0.30% |
| September 30, 2016 | 0.26% |
| June 30, 2016 | 0.29% |
| March 31, 2016 | 0.12% |
| December 31, 2015 | 0.04% |
| September 30, 2015 | 0.02% |
| June 30, 2015 | 0.03% |
| March 31, 2015 | 0.02% |
| December 31, 2014 | 0.03% |
| September 30, 2014 | 0.03% |
| June 30, 2014 | 0.05% |
| March 31, 2014 | 0.06% |
| December 31, 2013 | 0.03% |
| September 30, 2013 | 0.05% |
News
Headline
Wire
Time (ET)
MT Newswires
09/04 14:55
MT Newswires
08/29 10:47
MT Newswires
08/29 08:10
Basic Info
Median Forecasts for 3-Month Treasury Bill Rate is at 3.98%, compared to 4.10% last quarter and 5.13% last year. This is higher than the long term average of 3.83%.
| Region | United States |
| Source | Federal Reserve Bank of Philadelphia |
Stats
| Last Value | 3.98% |
| Latest Period | Dec 2025 |
| Last Updated | Aug 9 2024, 11:21 EDT |
| Next Release | Nov 15 2024, 10:00 EST |
| Long Term Average | 3.83% |
| Average Growth Rate | 36.31% |
| Value from Last Quarter | 4.10% |
| Change from Last Quarter | -2.93% |
| Value from 1 Year Ago | 5.13% |
| Change from 1 Year Ago | -22.42% |
| Frequency | Quarterly |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |
| Notes | Forecasts for the quarterly average three-month Treasury bill rate. Percentage points. Quarterly forecasts are for the quarterly average of the underlying daily levels. Data always shows the latest forecast. |
