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Interest Rates
Interest Rates Dashboard
The Federal Funds Rate (the Fed's policy rate) and the 10-Year Treasury yield (a benchmark for long-term borrowing costs).
Fed Funds Rate
3.63%
Unchanged vs prior reading
10-Year Treasury Yield
4.71%
↑ 0.04 pts vs prior reading
Fed Funds Rate: Last 24 Months
Source: FRED (FEDFUNDS)Jul 2024Range: 3.63% – 5.33%Jun 2026
10Y Treasury: Last 24 Trading Days
Source: FRED (DGS10)Jun 2026Range: 4.38% – 4.71%Jul 2026
Fed Funds Rate: Full History
Source: FRED (FEDFUNDS)Jul 2001Range: 0.05% – 5.33%Jun 2026
10Y Treasury: ~10 Year History
Source: FRED (DGS10)Dec 2016Range: 0.52% – 4.98%Jul 2026
Key Takeaways
- •The Fed Funds Rate is set directly by the Federal Reserve and drives short-term borrowing costs across the economy.
- •The 10-Year Treasury yield is set by the market and reflects expectations for future growth, inflation, and Fed policy.
- •When the 10Y yield falls below short-term rates (an inverted curve), it has historically preceded recessions.
AI EXPLANATION
AI-generated analysis of the current rate environment, the yield curve, and what it means for borrowers and investors will appear here once the AI summary integration is connected.