Treasury Rate Watch Data as of Aug 31, 2026

Average interest rate

Total Non-marketable

The average rate on debt that cannot be resold — savings bonds, State and Local Government Series, and intragovernmental holdings such as the Social Security trust funds.

Latest (Aug 2026)
3.56%
▲ +0.096 pp MoM
Year-over-year
▲ +0.374 pp
vs. Aug 2025
13-year low
2.02%
Jan 2022
13-year high
3.59%
Jan 2013

This is an average, not today's rate. Non-marketable debt has no market yield, but the rates the Treasury issues at today are visible in the yield curve — 4.96% on the 10-year.

Total Non-marketable — average rate history

Monthly, Jan 2013 – Aug 2026.

1.8%2.3%2.8%3.3%3.8%2014201620182020202220242026 3.56%

Download: rates-total-non-marketable.csv · CSV · public domain

Last 24 months

MonthAvg. rateMoM
Aug 20263.559%▲ +0.096 pp
Jul 20263.463%▲ +0.064 pp
Jun 20263.399%▲ +0.198 pp
May 20263.201%▲ +0.010 pp
Apr 20263.191%▲ +0.037 pp
Mar 20263.154%▼ -0.007 pp
Feb 20263.161%▼ -0.014 pp
Jan 20263.175%▲ +0.016 pp
Dec 20253.159%▼ -0.042 pp
Nov 20253.201%▲ +0.015 pp
Oct 20253.186%▲ +0.013 pp
Sep 20253.173%▼ -0.012 pp
Aug 20253.185%▲ +0.034 pp
Jul 20253.151%▲ +0.168 pp
Jun 20252.983%▼ -0.010 pp
May 20252.993%▼ -0.006 pp
Apr 20252.999%▼ -0.001 pp
Mar 20253.000%▲ +0.005 pp
Feb 20252.995%▼ -0.050 pp
Jan 20253.045%▼ -0.001 pp
Dec 20243.046%▼ -0.011 pp
Nov 20243.057%▲ +0.006 pp
Oct 20243.051%▲ +0.009 pp
Sep 20243.042%