Government bond yield · United States
United States 3-Month Bill Auction
The United States 3-Month Bill Auction is the yield on the United States's government debt of that maturity: the annual return an investor earns by buying the bond or bill at today's price and holding it to maturity.
- الأهمية
- Low
- صدر
- Weekly
- الإصدار التالي
- العملة
- USD · US dollar
- البنك المركزي
- The Federal Reserve
أحدث الأرقام
صدر آخر إصدار في 2026-11-02 وجاء عند 4.040%. هذا أقل من 4.050% في المرة السابقة.
خلال آخر 12 إصدارات تراوح بين 3.715% و4.110%، بمتوسط 3.951%. ظل يتراجع لثلاثة إصدارات متتالية.
| صدر | المدة | الفعلي | التوقعات | السابق |
|---|---|---|---|---|
| 2 Nov 2026 | – | 4.040% | – | 4.050% |
| 26 Oct 2026 | – | 4.050% | – | 4.095% |
| 19 Oct 2026 | – | 4.095% | – | 4.085% |
| 13 Oct 2026 | – | 4.085% | – | 4.050% |
| 5 Oct 2026 | – | 4.050% | – | 4.110% |
| 28 Sep 2026 | – | 4.110% | – | 4.015% |
| 21 Sep 2026 | – | 4.015% | – | 3.970% |
| 14 Sep 2026 | – | 3.970% | – | 3.800% |
| 8 Sep 2026 | – | 3.800% | – | 3.770% |
| 31 Aug 2026 | – | 3.770% | – | 3.715% |
| 24 Aug 2026 | – | 3.715% | – | 3.715% |
| 17 Aug 2026 | – | 3.715% | – | 3.735% |
لماذا يهم
Government yields are the base of every other interest rate. Short maturities follow the Federal Reserve's policy rate closely; long ones reflect expected growth, inflation and the risk of holding long debt. Higher yields relative to other countries attract capital and support the US dollar; the gap between long and short yields (the yield curve) is a classic recession signal when it turns negative.
طريقة الحساب
The yield is the interest rate that makes the present value of the bond's coupons and repayment equal to its price; on a calendar it often reports the average yield at a government auction.
Price = Σ coupon ÷ (1 + y)ᵗ + face ÷ (1 + y)ᵀ
Inflation-linked (TIPS) yield ≈ nominal yield − expected inflationما تعنيه التغيرات
- Yields rise when prices of bonds fall: strong data and hawkish central banks push yields up.
- An inverted curve (2-year above 10-year) has preceded most US recessions, with a lag of a year or more.
- Inflation-linked yields show the real (after-inflation) return.
لمحة تاريخية قصيرة
Government bond markets go back to the Dutch and English debt of the 17th century; the US Treasury yield curve has been watched as a recession signal since research by Campbell Harvey in the 1980s.
الأسئلة
What is the United States 3-Month Bill Auction?
The United States 3-Month Bill Auction is the yield on the United States's government debt of that maturity: the annual return an investor earns by buying the bond or bill at today's price and holding it to maturity.
What was the latest United States 3-Month Bill Auction?
4.040%, published on 2 November 2026.
When is the next United States 3-Month Bill Auction?
On Monday 9 November 2026 at 16:30 UTC.
محتوى تعليمي فقط، وليس نصيحة استثمارية. الأرقام هي النتائج المنشورة كما سجّلتها مفكرتنا؛ وردود فعل السوق الموصوفة نموذجية وليست مضمونة.