Economic Data / 10Y-3M Spread
Interest Rates FRED Daily

10Y-3M Spread

The difference between 10-year and 3-month yields. Another popular recession indicator when inverted.

Latest Value 0.9%
Latest Date May 2026
YoY Change -523.08 %
MoM Change -1.79 %
Data Range Feb 2023 — Jun 2026
Observations 842

Historical Chart

Historical Data (Percent)

Date Value Net Change % Change
May 2026 0.9%
May 2026 0.9%
May 2026 1.0%
May 2026 0.9%
May 2026 0.9%
May 2026 0.8%
May 2026 0.8%
May 2026 0.8%
May 2026 0.7%
May 2026 0.7%
May 2026 0.7%
May 2026 0.7%
May 2026 0.7%
May 2026 0.8%
May 2026 0.7%
Apr 2026 0.7%
Apr 2026 0.7%
Apr 2026 0.7%
Apr 2026 0.7%
Apr 2026 0.6%
Apr 2026 0.7%
Apr 2026 0.6%
Apr 2026 0.6%
Apr 2026 0.6%
Showing 25 to 48 of 842