Government bond yield · United States
United States 8-Week Bill Auction
The United States 8-Week 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.
- Важность
- Low
- Опубликовано
- Weekly
- Следующая публикация
- Валюта
- USD · US dollar
- Центральный банк
- The Federal Reserve
Последние данные
Последняя публикация вышла 2026-11-05; значение: 3.975%. Это ниже, чем 4.020% в прошлый раз.
За последние 12 публикаций значение колебалось от 3.655% до 4.050%, в среднем 3.905%.
| Опубликовано | Для | Факт | Консенсус | Предыдущее |
|---|---|---|---|---|
| 5 Nov 2026 | – | 3.975% | – | 4.020% |
| 29 Oct 2026 | – | 4.020% | – | 4.015% |
| 22 Oct 2026 | – | 4.015% | – | 4.050% |
| 15 Oct 2026 | – | 4.050% | – | 3.980% |
| 8 Oct 2026 | – | 3.980% | – | 3.99% |
| 1 Oct 2026 | – | 3.99% | – | 3.99% |
| 24 Sep 2026 | – | 3.990% | – | 3.920% |
| 17 Sep 2026 | – | 3.920% | – | 3.845% |
| 10 Sep 2026 | – | 3.845% | – | 3.750% |
| 3 Sep 2026 | – | 3.750% | – | 3.670% |
| 27 Aug 2026 | – | 3.670% | – | 3.655% |
| 20 Aug 2026 | – | 3.655% | – | 3.665% |
Почему это важно
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.
Как считается
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 inflationЧто означают изменения
- 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.
Краткая история
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.
Вопросы
What is the United States 8-Week Bill Auction?
The United States 8-Week 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 8-Week Bill Auction?
3.975%, published on 5 November 2026.
When is the next United States 8-Week Bill Auction?
On Thursday 12 November 2026 at 16:30 UTC.
Только образовательный материал, не инвестиционная рекомендация. Цифры — опубликованные результаты в том виде, в каком их записал наш календарь; описанные реакции рынка типичны, но не гарантированы.