Average Interest Rate on the Federal Debt Hits 3.531% as New Bonds Pay 5.618%
Treasury's blended rate on all interest bearing federal debt reached 3.531% on September 30, the highest since April 2009, while new 30-year bonds cleared 5.618%.
Mitch Strohm
Mitch Strohm is the Managing Editor of PrimeRates.com and a writer, editor and digital marketer based out of Nashville, TN. Working in the industry for well over a decade, he has been the manager editor for several financial sites and has been featured in publications including Business Insider, Bankrate, The Motley Fool and Yahoo Finance.
Core PCE Holds at 3.0% in August as Consumer Spending Jumps 0.9%
Core PCE inflation held at 3.0% in August while consumer spending jumped 0.9% and the saving rate fell to 4.1%, leaving the Fed a split signal before the October FOMC meeting.
Treasury Raises Bill Auction Sizes and Will Sell $316 Billion in Two Days
Treasury raised four bill auction sizes on September 24 and will sell $316 billion on Monday and Tuesday, $18 billion more than the same four tenors raised at their most recent sales.
Treasury 5-Year Note Auction Clears 5.033%, Highest Since June 2006
Treasury sold $70 billion of five-year notes at a 5.033% high yield on September 23, the highest since June 2006, with the weakest bid-to-cover since December 2018.
Treasury Bill Yields Jump 17 Basis Points as Fed Opens September Meeting
Treasury sold 13-week bills at 3.970 percent and 26-week bills at 4.060 percent on September 14, a 17 basis point weekly jump, as the FOMC opened its two-day September meeting.
Core CPI Falls to 2.4%, Lowest Since March 2021, as Hike Odds Top 65%
Core inflation cooled to 2.4 percent in August, the lowest since March 2021, but a 0.3 percent monthly gain pushed September Fed hike odds above 65 percent.
Consumer Credit Grew 4.2% in July as Card Balances Hit Record $1.36 Trillion
The Federal Reserve's G.19 release shows consumer credit rose $18.1 billion in July 2026, pushing revolving card balances to a record $1.3572 trillion a week before the September 16 FOMC decision.
Treasury Offers $119 Billion in Notes and Bonds Inside the Fed Blackout
Treasury sells $119 billion of notes and bonds on September 8, 9 and 10 while the Fed observes its pre-meeting blackout. The three-year yields 4.45%.
Beige Book Finds Prices Rising Moderately in 8 of 12 Fed Districts
The Fed's September 2 Beige Book found prices increased moderately in eight of twelve Districts, with the pace unchanged in eight and slower in only three.
Four Reserve Banks Sought a 4% Discount Rate in July, Fed Minutes Show
The Federal Reserve Board disclosed that four Reserve Bank boards asked for a 4 percent discount rate on July 29, double the number that made the request nine days earlier.