Average interest rate on federal debt
per cent
US interest rates
US interest rates: 19 lines from the US Rates, Growth and Inflation snapshot, Jan 1962 – Oct 2026. Latest All interest-bearing debt: 3.53% in Sep 2026 (verified), from US Treasury, Fiscal Data (average interest rates).
The federal funds rate and Treasury yields from three months to thirty years; the target range and the rate paid on reserves; the ten-year yield split into the real yield, breakeven inflation and the term premium; mortgage and corporate borrowing costs; and the average rate the Treasury pays on its debt.
Fed funds rate and Treasury yields
per cent
Target range and interest on reserves
per cent
Mortgage and corporate borrowing costs
per cent
Real yield, breakeven inflation and the term premium
Includes estimates
per cent
Research that uses this series
- US inflation driversPolicy stance: the real policy rate, Taylor-rule benchmarks, Treasury yields, breakeven inflation and the term premium from its own approved snapshot.