US Treasury rates, January 2022

Zero rates at all 10 fitted maturities on each of 20 trading days this month. Zero rates, not par yields: these discount a single cashflow, and the par yield for the same day is on that day's own page.

0.75%1.00%1.25%1.50%1.75%2.00%2.25%Jan 3, 2022Jan 31, 2022Jan 3, 20222Y zero rate0.813%10Y zero rate1.720%30Y zero rate2.105%Jan 4, 20222Y zero rate0.791%10Y zero rate1.754%30Y zero rate2.169%Jan 5, 20222Y zero rate0.853%10Y zero rate1.791%30Y zero rate2.184%Jan 6, 20222Y zero rate0.906%10Y zero rate1.811%30Y zero rate2.167%Jan 7, 20222Y zero rate0.906%10Y zero rate1.862%30Y zero rate2.184%Jan 10, 20222Y zero rate0.946%10Y zero rate1.864%30Y zero rate2.178%Jan 11, 20222Y zero rate0.938%10Y zero rate1.843%30Y zero rate2.145%Jan 12, 20222Y zero rate0.947%10Y zero rate1.831%30Y zero rate2.150%Jan 13, 20222Y zero rate0.927%10Y zero rate1.796%30Y zero rate2.110%Jan 14, 20222Y zero rate1.007%10Y zero rate1.828%30Y zero rate2.107%Jan 18, 20222Y zero rate1.072%10Y zero rate1.921%30Y zero rate2.165%Jan 19, 20222Y zero rate1.060%10Y zero rate1.886%30Y zero rate2.128%Jan 20, 20222Y zero rate1.077%10Y zero rate1.872%30Y zero rate2.113%Jan 21, 20222Y zero rate1.026%10Y zero rate1.797%30Y zero rate2.047%Jan 24, 20222Y zero rate0.997%10Y zero rate1.814%30Y zero rate2.088%Jan 25, 20222Y zero rate1.036%10Y zero rate1.838%30Y zero rate2.110%Jan 26, 20222Y zero rate1.136%10Y zero rate1.894%30Y zero rate2.138%Jan 27, 20222Y zero rate1.188%10Y zero rate1.836%30Y zero rate2.053%Jan 28, 20222Y zero rate1.164%10Y zero rate1.802%30Y zero rate2.045%Jan 31, 20222Y zero rate1.178%10Y zero rate1.821%30Y zero rate2.082%
2Y zero rate10Y zero rate30Y zero rate
Zero rate first, last, low and high for each charted tenor across January 2022.
TenorFirstLastChangeLowHigh
2Y0.813%1.178%+36.6 bp0.791%Jan 4, 20221.188%Jan 27, 2022
10Y1.720%1.821%+10.1 bp1.720%Jan 3, 20221.921%Jan 18, 2022
30Y2.105%2.082%-2.3 bp2.045%Jan 28, 20222.184%Jan 7, 2022

Rates are percent; the change column is basis points. A rise in yield is a fall in price, so the colours here describe the rate rather than a bondholder's return.

Every trading day

Zero rate at each of the 10 fitted maturities, for every fitted trading day in January 2022.
Date1Y2Y3Y5Y7Y10Y15Y20Y25Y30Y
Jan 3, 20220.451%0.813%1.064%1.372%1.550%1.720%1.911%2.036%2.100%2.105%
Jan 4, 20220.432%0.791%1.046%1.371%1.565%1.754%1.962%2.096%2.163%2.169%
Jan 5, 20220.478%0.853%1.113%1.433%1.617%1.791%1.986%2.113%2.178%2.184%
Jan 6, 20220.515%0.906%1.170%1.482%1.653%1.811%1.991%2.110%2.168%2.167%
Jan 7, 20220.520%0.906%1.176%1.508%1.694%1.862%2.038%2.146%2.194%2.184%
Jan 10, 20220.540%0.946%1.220%1.540%1.711%1.864%2.032%2.140%2.188%2.178%
Jan 11, 20220.540%0.938%1.206%1.520%1.689%1.843%2.011%2.117%2.161%2.145%
Jan 12, 20220.551%0.947%1.209%1.512%1.676%1.831%2.010%2.123%2.168%2.150%
Jan 13, 20220.544%0.927%1.181%1.476%1.639%1.796%1.977%2.090%2.133%2.110%
Jan 14, 20220.590%1.007%1.279%1.570%1.704%1.828%2.032%2.198%2.234%2.107%
Jan 18, 20220.642%1.072%1.355%1.662%1.801%1.921%2.105%2.256%2.288%2.165%
Jan 19, 20220.641%1.060%1.337%1.636%1.771%1.886%2.066%2.215%2.248%2.128%
Jan 20, 20220.656%1.077%1.348%1.635%1.761%1.872%2.060%2.215%2.245%2.113%
Jan 21, 20220.628%1.026%1.285%1.560%1.685%1.797%1.986%2.141%2.174%2.047%
Jan 24, 20220.615%0.997%1.254%1.541%1.683%1.814%2.012%2.169%2.206%2.088%
Jan 25, 20220.648%1.036%1.293%1.577%1.713%1.838%2.034%2.192%2.229%2.110%
Jan 26, 20220.712%1.136%1.405%1.680%1.794%1.894%2.080%2.239%2.270%2.138%
Jan 27, 20220.761%1.188%1.445%1.680%1.761%1.836%2.019%2.181%2.204%2.053%
Jan 28, 20220.765%1.164%1.406%1.633%1.717%1.802%1.992%2.156%2.185%2.045%
Jan 31, 20220.783%1.178%1.416%1.640%1.727%1.821%2.024%2.192%2.220%2.082%

Index levels before September 30, 2026 are back-tested. They were computed after the fact by applying the rules to historical data, which benefits from hindsight in the choice of rules, and an index cannot be invested in directly. Methodology v1.0 takes effect at that rebalance, when levels begin to be struck on the day; the rulebook is identical either way, and the version is published on every row.

A fitted curve is a fit, not a quote. Daily error averages 3.8 basis points across the history and reaches about 20 on the worst days, in December 2008, when the market was genuinely hard to fit one smooth curve to. Every curve page publishes its own fit error rather than burying it.

Free to benchmark against. Paid only to track. Measuring anything against these curves and indices is free. No license, no fee, no registration, and no permission needed to say that you did, including in a prospectus. A fee applies to one thing: launching a product that tracks an index.

Safe Rate™, Safe Rate Indices™ and the Safe Rate US Treasury Index™ are trademarks of Safe Rate, claimed through use in commerce and not registered. Third-party marks are the property of their owners, which are not affiliated with and do not endorse this data.

Curves are fitted from public Treasury data and carry fit error; figures are not a record of trading, and an index cannot be invested in directly. No claim of compliance with the IOSCO Principles for Financial Benchmarks is made or implied. Not investment advice, not an offer, and not a recommendation to buy or sell any security.