Track global treasury bond rates with daily historical charts. Access data for US, Germany, Japan, UK, Australia, and China bonds to analyze market trends.
When the Fed pauses rate hikes, short-term Treasury rates typically decline. 1-month Treasury rates are highly correlated with the federal funds rate, so when the Fed maintains rates, 1-month yields often follow suit, providing lower borrowing costs for investors.
1-month Treasuries offer government credit backing with extremely low risk and typically provide higher yields than money market funds. Additionally, Treasury income is exempt from federal taxes, while money market fund income is subject to federal income tax.
US 1-month Treasury rates, as the world's most important short-term benchmark rate, directly affect global dollar financing costs. Changes affect 2-month Treasuries, 3-month Treasuries and other short-term rates, and influence global capital flows through dollar exchange rates.
US 1-month Treasuries have higher liquidity and lower credit risk compared to German 2-year bonds and Japanese 2-year bonds. US Treasuries are considered the world's safest investment instruments, while other countries' bond yields typically include sovereign risk premiums.