Accessible Version

How Have the Fed's Three Rate Hikes Passed Through to Selected Short-term Interest Rates?, Accessible Data

Figure 1: Overnight Money Market Rates

Basis points
Daily

Date Low Target High Target Fed Funds EuroDollar Triparty Treasury Repo
12/1/2015 0 25 13 12 7.51
12/2/2015 0 25 13 11.5 7.43
12/3/2015 0 25 13 12 9.43
12/4/2015 0 25 13 12 9.72
12/7/2015 0 25 13 13 10.91
12/8/2015 0 25 13 12.5 12.21
12/9/2015 0 25 14 14 13.15
12/10/2015 0 25 14 13.5 12.33
12/11/2015 0 25 14 13.5 9.97
12/14/2015 0 25 15 15 9.60
12/15/2015 0 25 15 15 13.76
12/16/2015 0 25 15 15 17.32
12/17/2015 25 50 37 36 27.56
12/18/2015 25 50 37 36 27.93
12/21/2015 25 50 36 36 26.93
12/22/2015 25 50 36 36 25.72
12/23/2015 25 50 36 36 26.66
12/24/2015 25 50 36 36 29.76
12/28/2015 25 50 36 36 31.49
12/29/2015 25 50 36 36 31.51
12/30/2015 25 50 35 36 30.04
12/31/2015 25 50 20 18.5 30.45
1/4/2016 25 50 36 36 29.72
1/5/2016 25 50 36 36 29.88
1/6/2016 25 50 36 36 30.13
1/7/2016 25 50 36 36 29.70
1/8/2016 25 50 36 36 29.80
1/11/2016 25 50 36 36 29.58
1/12/2016 25 50 36 36 29.20
1/13/2016 25 50 36 36 29.15
1/14/2016 25 50 36 36.5 29.04
1/15/2016 25 50 36 36.5 29.57
1/19/2016 25 50 36 36.5 29.22
1/20/2016 25 50 37 36.5 30.30
1/21/2016 25 50 37 36.5 30.73
1/22/2016 25 50 38 36.5 34.21
1/25/2016 25 50 38 36.5 32.00
1/26/2016 25 50 38 39 30.65
1/27/2016 25 50 38 39 30.37
1/28/2016 25 50 38 39 32.21
1/29/2016 25 50 29 28.5 33.90
2/1/2016 25 50 38 38.5 30.57
2/2/2016 25 50 38 38.5 31.18
2/3/2016 25 50 38 38.5 31.19
2/4/2016 25 50 38 38 32.07
2/5/2016 25 50 38 38 31.60
2/8/2016 25 50 38 38 31.04
2/9/2016 25 50 38 38 31.13
2/10/2016 25 50 38 38 31.07
2/11/2016 25 50 38 39 32.46
2/12/2016 25 50 38 38 31.17
2/16/2016 25 50 38 38 32.09
2/17/2016 25 50 37 36.5 31.42
2/18/2016 25 50 38 37.5 30.80
2/19/2016 25 50 38 37.5 30.60
2/22/2016 25 50 38 37.5 29.33
2/23/2016 25 50 38 36.5 28.15
2/24/2016 25 50 38 36.5 30.83
2/25/2016 25 50 37 36.5 30.61
2/26/2016 25 50 37 36.5 28.26
2/29/2016 25 50 29 29 30.30
3/1/2016 25 50 36 36.5 28.71
3/2/2016 25 50 37 36.5 28.79
3/3/2016 25 50 37 37.5 29.71
3/4/2016 25 50 36 37.5 29.25
3/7/2016 25 50 36 38.5 28.60
3/8/2016 25 50 36 38.5 28.52
3/9/2016 25 50 36 NA 28.57
3/10/2016 25 50 36 37.5 29.79
3/11/2016 25 50 36 38.5 29.88
3/14/2016 25 50 36 37.5 29.63
3/15/2016 25 50 37 37.5 30.98
3/16/2016 25 50 37 37.5 30.17
3/17/2016 25 50 37 38.5 30.23
3/18/2016 25 50 37 37.5 28.26
3/21/2016 25 50 37 37.5 27.30
3/22/2016 25 50 37 37.5 25.96
3/23/2016 25 50 37 37.5 26.74
3/24/2016 25 50 37 37.5 31.05
3/28/2016 25 50 37 37.5 31.07
3/29/2016 25 50 37 38 31.01
3/30/2016 25 50 37 37.5 28.47
3/31/2016 25 50 25 24 30.14
4/1/2016 25 50 37 37.5 30.53
4/4/2016 25 50 37 37.5 30.35
4/5/2016 25 50 37 37.5 28.85
4/6/2016 25 50 37 37.5 28.85
4/7/2016 25 50 37 37.5 29.30
4/8/2016 25 50 37 37.5 29.34
4/11/2016 25 50 37 38.5 29.75
4/12/2016 25 50 37 37.5 29.61
4/13/2016 25 50 37 37.5 29.99
4/14/2016 25 50 37 37.5 29.69
4/15/2016 25 50 37 38.5 30.46
4/18/2016 25 50 37 38.5 29.41
4/19/2016 25 50 37 37.5 27.56
4/20/2016 25 50 37 37.5 27.50
4/21/2016 25 50 37 37.5 26.58
4/22/2016 25 50 37 37.5 29.87
4/25/2016 25 50 37 37.5 28.52
4/26/2016 25 50 37 37.5 27.55
4/27/2016 25 50 37 37.5 27.08
4/28/2016 25 50 37 37.5 26.35
4/29/2016 25 50 30 30.5 28.58
5/2/2016 25 50 37 37.5 27.34
5/3/2016 25 50 37 37.5 27.95
5/4/2016 25 50 37 37.5 28.17
5/5/2016 25 50 37 37.5 29.10
5/6/2016 25 50 37 37.5 29.80
5/9/2016 25 50 37 37.5 29.14
5/10/2016 25 50 37 37.5 29.66
5/11/2016 25 50 37 37.5 29.40
5/12/2016 25 50 37 37.5 29.44
5/13/2016 25 50 37 37.5 29.54
5/16/2016 25 50 37 37.5 30.45
5/17/2016 25 50 37 38.5 29.08
5/18/2016 25 50 37 37.5 28.11
5/19/2016 25 50 37 37.5 26.70
5/20/2016 25 50 37 37.5 26.32
5/23/2016 25 50 37 37.5 25.91
5/24/2016 25 50 37 37.5 28.71
5/25/2016 25 50 37 38 26.57
5/26/2016 25 50 37 38 25.74
5/27/2016 25 50 37 38 26.01
5/31/2016 25 50 29 29.5 28.98
6/1/2016 25 50 37 37.5 28.36
6/2/2016 25 50 37 37.5 28.57
6/3/2016 25 50 37 37.5 28.93
6/6/2016 25 50 37 37.5 28.73
6/7/2016 25 50 37 37.5 29.81
6/8/2016 25 50 37 37.5 30.40
6/9/2016 25 50 37 37.5 30.73
6/10/2016 25 50 37 38.5 32.52
6/13/2016 25 50 37 38 32.56
6/14/2016 25 50 37 38 32.57
6/15/2016 25 50 37 38 33.90
6/16/2016 25 50 38 38 33.09
6/17/2016 25 50 38 38.5 31.91
6/20/2016 25 50 38 39 32.02
6/21/2016 25 50 38 39 31.97
6/22/2016 25 50 38 39 33.50
6/23/2016 25 50 39 39 35.84
6/24/2016 25 50 40 41 46.28
6/27/2016 25 50 41 42 44.48
6/28/2016 25 50 41 41 41.98
6/29/2016 25 50 41 41 38.40
6/30/2016 25 50 30 30 41.01
7/1/2016 25 50 41 41 36.49
7/5/2016 25 50 40 41 32.50
7/6/2016 25 50 40 41 32.78
7/7/2016 25 50 40 41 32.87
7/8/2016 25 50 40 41 33.17
7/11/2016 25 50 40 41 33.20
7/12/2016 25 50 40 41 31.98
7/13/2016 25 50 40 41 31.65
7/14/2016 25 50 40 41 32.26
7/15/2016 25 50 40 41 32.79
7/18/2016 25 50 40 41 31.25
7/19/2016 25 50 40 41 28.52
7/20/2016 25 50 40 41 28.53
7/21/2016 25 50 40 41 30.07
7/22/2016 25 50 40 41 31.71
7/25/2016 25 50 40 41 31.02
7/26/2016 25 50 40 41 30.81
7/27/2016 25 50 40 41 30.84
7/28/2016 25 50 40 41 30.93
7/29/2016 25 50 30 31 33.86
8/1/2016 25 50 40 40 32.38
8/2/2016 25 50 40 40 32.77
8/3/2016 25 50 40 40 32.73
8/4/2016 25 50 40 41 32.98
8/5/2016 25 50 40 41 32.94
8/8/2016 25 50 40 41 32.72
8/9/2016 25 50 40 41 31.09
8/10/2016 25 50 40 41 31.05
8/11/2016 25 50 40 41 32.63
8/12/2016 25 50 40 41 32.67
8/15/2016 25 50 40 41 33.74
8/16/2016 25 50 40 41 33.30
8/17/2016 25 50 40 41 32.39
8/18/2016 25 50 40 41 32.97
8/19/2016 25 50 40 41 31.85
8/22/2016 25 50 40 41 30.59
8/23/2016 25 50 40 41 28.66
8/24/2016 25 50 40 41 31.11
8/25/2016 25 50 40 41 31.03
8/26/2016 25 50 40 41 31.50
8/29/2016 25 50 40 41 31.04
8/30/2016 25 50 40 41 30.48
8/31/2016 25 50 30 31 32.18
9/1/2016 25 50 40 41 32.30
9/2/2016 25 50 40 41 31.58
9/6/2016 25 50 40 41 31.07
9/7/2016 25 50 40 41 31.04
9/8/2016 25 50 40 41 31.89
9/9/2016 25 50 40 41 33.37
9/12/2016 25 50 40 41 32.47
9/13/2016 25 50 40 41 32.31
9/14/2016 25 50 40 41 32.37
9/15/2016 25 50 40 41 33.68
9/16/2016 25 50 40 41 31.88
9/19/2016 25 50 40 41 28.90
9/20/2016 25 50 40 41 28.86
9/21/2016 25 50 40 41 28.72
9/22/2016 25 50 40 41 29.51
9/23/2016 25 50 40 41 31.96
9/26/2016 25 50 40 41 31.89
9/27/2016 25 50 40 41 38.02
9/28/2016 25 50 40 41 40.29
9/29/2016 25 50 40 41 43.59
9/30/2016 25 50 29 30 49.05
10/3/2016 25 50 40 41 35.72
10/4/2016 25 50 40 42 38.93
10/5/2016 25 50 40 42 37.54
10/6/2016 25 50 40 42 36.85
10/7/2016 25 50 40 42 32.28
10/11/2016 25 50 41 42 31.37
10/12/2016 25 50 41 42 32.87
10/13/2016 25 50 41 42 34.40
10/14/2016 25 50 41 42 31.93
10/17/2016 25 50 41 42 33.02
10/18/2016 25 50 41 42 29.82
10/19/2016 25 50 41 42 27.86
10/20/2016 25 50 41 42 28.85
10/21/2016 25 50 41 42 27.50
10/24/2016 25 50 41 42 30.45
10/25/2016 25 50 41 42 29.21
10/26/2016 25 50 41 42 31.17
10/27/2016 25 50 41 42 32.74
10/28/2016 25 50 41 42 30.08
10/31/2016 25 50 31 31.5 32.30
11/1/2016 25 50 41 42 29.66
11/2/2016 25 50 41 42 28.88
11/3/2016 25 50 41 42 31.65
11/4/2016 25 50 41 42 31.01
11/7/2016 25 50 41 42 29.80
11/8/2016 25 50 41 42 29.22
11/9/2016 25 50 41 42 30.61
11/10/2016 25 50 41 42 32.67
11/14/2016 25 50 41 42 30.62
11/15/2016 25 50 41 42 30.31
11/16/2016 25 50 41 42 28.73
11/17/2016 25 50 41 42 27.40
11/18/2016 25 50 41 42 26.51
11/21/2016 25 50 41 42 25.41
11/22/2016 25 50 41 42 25.00
11/23/2016 25 50 41 42 26.37
11/25/2016 25 50 41 42 26.55
11/28/2016 25 50 41 42 25.83
11/29/2016 25 50 41 42 25.50
11/30/2016 25 50 31 31.5 26.59
12/1/2016 25 50 41 42 25.56
12/2/2016 25 50 41 42 25.67
12/5/2016 25 50 41 42 25.56
12/6/2016 25 50 41 42 25.60
12/7/2016 25 50 41 42 25.61
12/8/2016 25 50 41 42 25.69
12/9/2016 25 50 41 42 28.73
12/12/2016 25 50 41 42 29.28
12/13/2016 25 50 41 42 27.33
12/14/2016 25 50 41 42 25.52
12/15/2016 50 75 66 67.5 49.88
12/16/2016 50 75 66 66.5 50.60
12/19/2016 50 75 66 66.5 50.21
12/20/2016 50 75 66 66.5 49.08
12/21/2016 50 75 66 66.5 48.10
12/22/2016 50 75 66 67 48.08
12/23/2016 50 75 66 67 49.91
12/27/2016 50 75 66 67 51.69
12/28/2016 50 75 66 67 53.16
12/29/2016 50 75 66 67.5 50.52
12/30/2016 50 75 55 52.5 48.50
1/3/2017 50 75 66 67 49.77
1/4/2017 50 75 66 66.5 53.76
1/5/2017 50 75 66 66.5 52.00
1/6/2017 50 75 66 66.5 52.07
1/9/2017 50 75 66 66.5 51.34
1/10/2017 50 75 66 66.5 50.03
1/11/2017 50 75 66 66.5 50.36
1/12/2017 50 75 66 66.5 51.50
1/13/2017 50 75 66 67 53.54
1/17/2017 50 75 66 68 54.78
1/18/2017 50 75 66 66.5 55.61
1/19/2017 50 75 66 66.5 NA
1/20/2017 50 75 66 66.5 50.18
1/23/2017 50 75 66 68 49.93
1/24/2017 50 75 66 68 51.59
1/25/2017 50 75 66 68 52.04
1/26/2017 50 75 66 66.5 51.81
1/27/2017 50 75 66 66.5 51.73
1/30/2017 50 75 66 66.5 51.73
1/31/2017 50 75 56 56.5 54.06
2/1/2017 50 75 66 68 52.76
2/2/2017 50 75 66 67.5 51.68
2/3/2017 50 75 66 67.5 51.78
2/6/2017 50 75 66 67.5 51.75
2/7/2017 50 75 66 67.5 50.72
2/8/2017 50 75 66 67.5 50.55
2/9/2017 50 75 66 67.5 53.12
2/10/2017 50 75 66 67.5 52.18
2/13/2017 50 75 66 67.5 51.31
2/14/2017 50 75 66 67.5 50.91
2/15/2017 50 75 66 67 53.18
2/16/2017 50 75 66 67 51.18
2/17/2017 50 75 66 67 50.10
2/21/2017 50 75 66 67 49.59
2/22/2017 50 75 66 67.5 49.37
2/23/2017 50 75 66 67.5 49.34
2/24/2017 50 75 66 67.5 50.81
2/27/2017 50 75 66 67.5 50.10
2/28/2017 50 75 57 57.5 51.74
3/1/2017 50 75 66 67 49.88
3/2/2017 50 75 66 67.5 49.76
3/3/2017 50 75 66 67.5 50.48
3/6/2017 50 75 66 67.5 50.36
3/7/2017 50 75 66 67.5 49.80
3/8/2017 50 75 66 67.5 49.87
3/9/2017 50 75 66 67.5 49.78
3/10/2017 50 75 66 67.5 49.77
3/13/2017 50 75 66 67.5 49.77
3/14/2017 50 75 66 67.5 51.47
3/15/2017 50 75 66 91.5 51.73
3/16/2017 75 100 91 91.5 75.69
3/17/2017 75 100 91 91.5 74.56
3/20/2017 75 100 91 91.5 74.51
3/21/2017 75 100 91 91.5 74.61
3/22/2017 75 100 91 91.5 74.45
3/23/2017 75 100 91 91.5 75.21
3/24/2017 75 100 91 92 76.38
3/27/2017 75 100 91 92 75.65
3/28/2017 75 100 91 92 75.47
3/29/2017 75 100 91 91.5 75.37
3/30/2017 75 100 91 91 76.41
3/31/2017 75 100 82 81.5 80.07
4/3/2017 75 100 91 91.5 76.16
4/4/2017 75 100 91 91.5 75.82
4/5/2017 75 100 91 91.5 76.43
4/6/2017 75 100 91 91.5 78.24
4/7/2017 75 100 91 91.5 78.22
4/10/2017 75 100 91 91.5 77.78
4/11/2017 75 100 91 91.5 76.91
4/12/2017 75 100 91 91.5 77.08
4/13/2017 75 100 91 91.5 80.52
4/17/2017 75 100 91 91.5 81.08
4/18/2017 75 100 91 91.5 80.11
4/19/2017 75 100 91 91.5 76.77
4/20/2017 75 100 91 91.5 75.66
4/21/2017 75 100 91 91.5 75.63
4/24/2017 75 100 91 91.5 77.13
4/25/2017 75 100 91 91.5 76.78
4/26/2017 75 100 91 91.5 76.78
4/27/2017 75 100 91 91.5 78.06
4/28/2017 75 100 83 83.5 80.81
5/1/2017 75 100 91 92.5 78.60
5/2/2017 75 100 91 92.5 77.06
5/3/2017 75 100 91 92.5 76.47
5/4/2017 75 100 91 92.5 76.73
5/5/2017 75 100 91 92.5 77.57
5/8/2017 75 100 91 92.5 76.64
5/9/2017 75 100 91 92.5 75.96
5/10/2017 75 100 91 92.5 75.62
5/11/2017 75 100 91 92.5 76.53
5/12/2017 75 100 91 92.5 75.74
5/15/2017 75 100 91 92.5 76.76
5/16/2017 75 100 91 92.5 76.04
5/17/2017 75 100 NA 92.5 76.00

Source: For Federal Funds, Federal Reserve, Report of Selected Money Market Rates (FR 2420), https://www.newyorkfed.org/banking/reportingforms/FR_2420.html; for Triparty Treasury Repo, Federal Reserve Bank of New York; for Eurodollar, Bloomberg.

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Figure 2: Distribution of Federal Funds Trades

Percent
Basis points

Quantiles First Hike Second Hike Third Hike
1 28 59 81
10 32 65 90
20 34 66 91
25 35 66 91
30 35 66 91
40 35 66 91
50 35 66 91
60 35 66 91
70 35 66 91
75 36 66 91
80 36 67 91.5
90 37 67 92
99 59 80 100

Note: These CDFs are stylized in that we show selected percentiles (the 1st, 10th, 20th, 25th, 30th, 40th, 50th, 60th, 70th, 75th, 80th, 90th, and 99th percentiles) rather than entire, smooth distributions. "First hike" includes trades over the two-week period from December 17−30, 2015; "second hike" includes trades from December 15−29, 2016; "third hike" includes trades from March 16−30, 2017. Each neighboring pair of dashed vertical lines represents the width of the target range for the federal funds rate that prevailed with each rate hike, with the left line of each pair indicating the Federal Reserve's ON RRP offering rate and the right line of each pair the interest rate paid on reserves.

Source: Federal Reserve, Report of Selected Money Market Rates (FR 2420), https://www.newyorkfed.org/banking/reportingforms/FR_2420.html.

Return to text.

Figure 3: Distribution of Triparty Treasury Repo Trades

Percent
Basis points

Quantile First Hike Second Hike Third Hike
1 23 38 66
10 26 48 75
20 26 50 75
25 27 50 75
30 27 50 75
40 27 50 75
50 28 50 76
60 29 51 76
70 30 51 76
75 30 51 76
80 31 51 76
90 32 53 77
99 35 55 78

Note: These CDFs are stylized in that we show selected percentiles (the 1st, 10th, 20th, 25th, 30th, 40th, 50th, 60th, 70th, 75th, 80th, 90th, and 99th percentiles) rather than entire, smooth distributions. "First hike" includes trades over the two-week period from December 17−30, 2015; "second hike" includes trades from December 15−29, 2016; and "third hike" includes trades from March 16−30, 2017. Each neighboring pair of dashed vertical lines represents the width of the target range for the federal funds rate that prevailed with each rate hike, with the left line of each pair indicating the Federal Reserve's ON RRP offering rate and the right line of each pair the interest rate paid on reserves.

Source: Federal Reserve Bank of New York.

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Figure 4: Term Money Market Rates

Basis points
Daily

Date Low Target High Target 3 Month Treasury Bill 3 Month AA Financial Commercial Paper 3 Month AA Nonfinancial Commercial Paper
1/2/2015 0 25 2 16 NA
1/5/2015 0 25 3 16 NA
1/6/2015 0 25 3 17 NA
1/7/2015 0 25 3 17 NA
1/8/2015 0 25 3 16 NA
1/9/2015 0 25 2 17 9
1/12/2015 0 25 3 17 11
1/13/2015 0 25 3 17 14
1/14/2015 0 25 4 17 11
1/15/2015 0 25 3 15 12
1/16/2015 0 25 3 14 12
1/20/2015 0 25 3 17 13
1/21/2015 0 25 3 17 12
1/22/2015 0 25 3 15 12
1/23/2015 0 25 2 14 12
1/26/2015 0 25 3 16 14
1/27/2015 0 25 2 16 13
1/28/2015 0 25 2 15 12
1/29/2015 0 25 3 16 13
1/30/2015 0 25 2 15 NA
2/2/2015 0 25 2 16 NA
2/3/2015 0 25 2 16 NA
2/4/2015 0 25 1 15 14
2/5/2015 0 25 2 15 12
2/6/2015 0 25 2 17 13
2/9/2015 0 25 1 14 11
2/10/2015 0 25 1 17 11
2/11/2015 0 25 1 16 11
2/12/2015 0 25 2 16 11
2/13/2015 0 25 1 13 12
2/17/2015 0 25 2 19 12
2/18/2015 0 25 2 14 12
2/19/2015 0 25 2 15 11
2/20/2015 0 25 2 14 14
2/23/2015 0 25 2 14 14
2/24/2015 0 25 2 14 12
2/25/2015 0 25 2 15 12
2/26/2015 0 25 3 14 12
2/27/2015 0 25 2 15 NA
3/2/2015 0 25 2 14 NA
3/3/2015 0 25 2 14 NA
3/4/2015 0 25 1 14 NA
3/5/2015 0 25 2 13 NA
3/6/2015 0 25 1 14 10
3/9/2015 0 25 2 13 11
3/10/2015 0 25 2 18 10
3/11/2015 0 25 3 14 NA
3/12/2015 0 25 3 14 10
3/13/2015 0 25 3 12 14
3/16/2015 0 25 5 15 NA
3/17/2015 0 25 5 14 NA
3/18/2015 0 25 3 14 NA
3/19/2015 0 25 3 14 NA
3/20/2015 0 25 1 13 NA
3/23/2015 0 25 3 15 NA
3/24/2015 0 25 2 14 9
3/25/2015 0 25 4 14 9
3/26/2015 0 25 3 20 13
3/27/2015 0 25 4 15 10
3/30/2015 0 25 4 NA NA
3/31/2015 0 25 3 16 NA
4/1/2015 0 25 3 15 11
4/2/2015 0 25 2 13 NA
4/6/2015 0 25 3 13 NA
4/7/2015 0 25 2 14 10
4/8/2015 0 25 3 13 11
4/9/2015 0 25 3 13 11
4/10/2015 0 25 2 15 11
4/13/2015 0 25 3 13 9
4/14/2015 0 25 2 11 8
4/15/2015 0 25 2 12 11
4/16/2015 0 25 2 12 10
4/17/2015 0 25 1 12 10
4/20/2015 0 25 3 15 11
4/21/2015 0 25 3 13 10
4/22/2015 0 25 3 12 11
4/23/2015 0 25 3 13 10
4/24/2015 0 25 3 12 9
4/27/2015 0 25 2 13 10
4/28/2015 0 25 2 12 9
4/29/2015 0 25 1 11 9
4/30/2015 0 25 1 12 10
5/1/2015 0 25 1 6 10
5/4/2015 0 25 2 14 11
5/5/2015 0 25 1 12 10
5/6/2015 0 25 2 13 10
5/7/2015 0 25 1 14 10
5/8/2015 0 25 1 19 15
5/11/2015 0 25 2 17 14
5/12/2015 0 25 3 14 13
5/13/2015 0 25 2 15 11
5/14/2015 0 25 1 15 12
5/15/2015 0 25 2 14 10
5/18/2015 0 25 2 19 16
5/19/2015 0 25 2 17 13
5/20/2015 0 25 2 17 12
5/21/2015 0 25 2 14 NA
5/22/2015 0 25 2 16 14
5/26/2015 0 25 2 15 8
5/27/2015 0 25 1 17 10
5/28/2015 0 25 1 16 NA
5/29/2015 0 25 1 17 NA
6/1/2015 0 25 2 16 9
6/2/2015 0 25 1 18 9
6/3/2015 0 25 2 17 11
6/4/2015 0 25 2 17 10
6/5/2015 0 25 3 17 11
6/8/2015 0 25 2 16 17
6/9/2015 0 25 2 19 15
6/10/2015 0 25 2 19 11
6/11/2015 0 25 1 20 13
6/12/2015 0 25 2 18 13
6/15/2015 0 25 2 17 NA
6/16/2015 0 25 1 20 10
6/17/2015 0 25 1 21 19
6/18/2015 0 25 1 19 13
6/19/2015 0 25 1 20 NA
6/22/2015 0 25 1 20 18
6/23/2015 0 25 1 17 NA
6/24/2015 0 25 1 19 18
6/25/2015 0 25 1 17 19
6/26/2015 0 25 1 19 NA
6/29/2015 0 25 2 18 16
6/30/2015 0 25 1 18 18
7/1/2015 0 25 1 17 11
7/2/2015 0 25 1 18 12
7/6/2015 0 25 2 12 NA
7/7/2015 0 25 2 18 NA
7/8/2015 0 25 2 18 NA
7/9/2015 0 25 3 18 12
7/10/2015 0 25 1 14 NA
7/13/2015 0 25 2 19 NA
7/14/2015 0 25 1 20 11
7/15/2015 0 25 2 20 NA
7/16/2015 0 25 2 18 12
7/17/2015 0 25 3 19 13
7/20/2015 0 25 4 20 NA
7/21/2015 0 25 3 20 NA
7/22/2015 0 25 4 28 15
7/23/2015 0 25 3 21 NA
7/24/2015 0 25 4 21 19
7/27/2015 0 25 5 23 14
7/28/2015 0 25 5 20 12
7/29/2015 0 25 6 22 9
7/30/2015 0 25 7 21 13
7/31/2015 0 25 8 21 11
8/3/2015 0 25 8 22 NA
8/4/2015 0 25 8 21 12
8/5/2015 0 25 8 29 15
8/6/2015 0 25 4 23 13
8/7/2015 0 25 6 25 13
8/10/2015 0 25 12 24 18
8/11/2015 0 25 10 23 18
8/12/2015 0 25 10 27 16
8/13/2015 0 25 10 24 17
8/14/2015 0 25 9 24 18
8/17/2015 0 25 10 29 NA
8/18/2015 0 25 7 30 22
8/19/2015 0 25 5 30 23
8/20/2015 0 25 2 26 22
8/21/2015 0 25 3 26 NA
8/24/2015 0 25 6 28 21
8/25/2015 0 25 7 28 19
8/26/2015 0 25 6 30 NA
8/27/2015 0 25 6 28 18
8/28/2015 0 25 6 24 26
8/31/2015 0 25 8 29 NA
9/1/2015 0 25 3 30 19
9/2/2015 0 25 3 28 NA
9/3/2015 0 25 2 28 20
9/4/2015 0 25 2 27 NA
9/8/2015 0 25 6 24 23
9/9/2015 0 25 3 29 NA
9/10/2015 0 25 2 29 22
9/11/2015 0 25 4 28 25
9/14/2015 0 25 7 27 25
9/15/2015 0 25 7 29 26
9/16/2015 0 25 6 30 27
9/17/2015 0 25 1 29 26
9/18/2015 0 25 -1 30 NA
9/21/2015 0 25 1 28 NA
9/22/2015 0 25 -1 26 18
9/23/2015 0 25 1 28 20
9/24/2015 0 25 1 26 19
9/25/2015 0 25 -1 27 20
9/28/2015 0 25 1 25 20
9/29/2015 0 25 1 22 22
9/30/2015 0 25 -1 27 20
10/1/2015 0 25 -2 26 20
10/2/2015 0 25 0 27 18
10/5/2015 0 25 1 27 19
10/6/2015 0 25 0 27 20
10/7/2015 0 25 0 28 18
10/8/2015 0 25 -1 26 18
10/9/2015 0 25 1 26 20
10/13/2015 0 25 1 27 20
10/14/2015 0 25 0 26 18
10/15/2015 0 25 1 23 18
10/16/2015 0 25 1 25 17
10/19/2015 0 25 2 24 18
10/20/2015 0 25 2 25 15
10/21/2015 0 25 1 24 20
10/22/2015 0 25 0 24 19
10/23/2015 0 25 1 24 18
10/26/2015 0 25 2 25 18
10/27/2015 0 25 3 23 20
10/28/2015 0 25 4 24 14
10/29/2015 0 25 7 25 19
10/30/2015 0 25 8 26 NA
11/2/2015 0 25 8 28 19
11/3/2015 0 25 6 24 14
11/4/2015 0 25 5 25 17
11/5/2015 0 25 5 25 19
11/6/2015 0 25 8 26 NA
11/9/2015 0 25 14 28 20
11/10/2015 0 25 13 30 22
11/12/2015 0 25 14 27 16
11/13/2015 0 25 13 28 NA
11/16/2015 0 25 15 30 NA
11/17/2015 0 25 14 31 22
11/18/2015 0 25 12 31 21
11/19/2015 0 25 11 31 24
11/20/2015 0 25 11 30 24
11/23/2015 0 25 14 34 22
11/24/2015 0 25 16 33 23
11/25/2015 0 25 19 35 23
11/27/2015 0 25 17 NA NA
11/30/2015 0 25 22 38 NA
12/1/2015 0 25 21 43 29
12/2/2015 0 25 21 40 24
12/3/2015 0 25 21 41 31
12/4/2015 0 25 22 46 NA
12/7/2015 0 25 29 48 32
12/8/2015 0 25 27 51 26
12/9/2015 0 25 26 52 38
12/10/2015 0 25 24 48 37
12/11/2015 0 25 22 63 NA
12/14/2015 0 25 26 64 43
12/15/2015 0 25 25 56 NA
12/16/2015 0 25 27 58 NA
12/17/2015 25 50 23 55 43
12/18/2015 25 50 19 56 NA
12/21/2015 25 50 24 58 NA
12/22/2015 25 50 21 59 NA
12/23/2015 25 50 20 58 44
12/24/2015 25 50 20 58 NA
12/28/2015 25 50 23 57 NA
12/29/2015 25 50 23 57 NA
12/30/2015 25 50 21 57 42
12/31/2015 25 50 16 54 42
1/4/2016 25 50 22 57 52
1/5/2016 25 50 20 60 44
1/6/2016 25 50 21 62 43
1/7/2016 25 50 20 57 46
1/8/2016 25 50 20 58 45
1/11/2016 25 50 21 62 43
1/12/2016 25 50 21 56 45
1/13/2016 25 50 22 58 47
1/14/2016 25 50 25 57 48
1/15/2016 25 50 23 56 49
1/19/2016 25 50 26 55 47
1/20/2016 25 50 26 55 47
1/21/2016 25 50 28 57 48
1/22/2016 25 50 30 56 49
1/25/2016 25 50 31 55 45
1/26/2016 25 50 31 54 53
1/27/2016 25 50 32 54 45
1/28/2016 25 50 34 53 45
1/29/2016 25 50 32 59 46
2/1/2016 25 50 35 53 47
2/2/2016 25 50 34 53 46
2/3/2016 25 50 33 51 45
2/4/2016 25 50 29 52 43
2/5/2016 25 50 29 55 44
2/8/2016 25 50 32 53 46
2/9/2016 25 50 30 54 48
2/10/2016 25 50 31 60 51
2/11/2016 25 50 28 50 45
2/12/2016 25 50 29 53 44
2/16/2016 25 50 30 52 50
2/17/2016 25 50 30 56 48
2/18/2016 25 50 30 54 47
2/19/2016 25 50 30 51 48
2/22/2016 25 50 33 52 49
2/23/2016 25 50 32 60 45
2/24/2016 25 50 33 54 47
2/25/2016 25 50 32 57 50
2/26/2016 25 50 32 54 45
2/29/2016 25 50 33 54 48
3/1/2016 25 50 33 53 48
3/2/2016 25 50 35 57 52
3/3/2016 25 50 27 58 51
3/4/2016 25 50 28 55 47
3/7/2016 25 50 32 56 48
3/8/2016 25 50 29 56 47
3/9/2016 25 50 30 56 46
3/10/2016 25 50 31 56 43
3/11/2016 25 50 32 57 48
3/14/2016 25 50 34 59 46
3/15/2016 25 50 34 57 46
3/16/2016 25 50 31 53 44
3/17/2016 25 50 29 56 45
3/18/2016 25 50 29 58 43
3/21/2016 25 50 31 56 48
3/22/2016 25 50 30 49 46
3/23/2016 25 50 30 57 44
3/24/2016 25 50 29 50 46
3/28/2016 25 50 29 53 48
3/29/2016 25 50 23 58 46
3/30/2016 25 50 20 58 46
3/31/2016 25 50 21 47 46
4/1/2016 25 50 23 49 48
4/4/2016 25 50 23 58 44
4/5/2016 25 50 23 57 45
4/6/2016 25 50 23 45 50
4/7/2016 25 50 23 57 45
4/8/2016 25 50 23 51 50
4/11/2016 25 50 23 57 48
4/12/2016 25 50 22 58 47
4/13/2016 25 50 23 53 45
4/14/2016 25 50 22 52 47
4/15/2016 25 50 22 51 44
4/18/2016 25 50 22 51 51
4/19/2016 25 50 21 57 45
4/20/2016 25 50 23 54 47
4/21/2016 25 50 23 58 51
4/22/2016 25 50 23 58 49
4/25/2016 25 50 25 58 49
4/26/2016 25 50 24 58 50
4/27/2016 25 50 24 58 50
4/28/2016 25 50 22 56 49
4/29/2016 25 50 22 49 44
5/2/2016 25 50 22 54 48
5/3/2016 25 50 21 58 46
5/4/2016 25 50 19 57 43
5/5/2016 25 50 20 54 44
5/6/2016 25 50 19 61 49
5/9/2016 25 50 24 54 46
5/10/2016 25 50 24 51 51
5/11/2016 25 50 26 56 46
5/12/2016 25 50 27 56 50
5/13/2016 25 50 28 55 46
5/16/2016 25 50 28 54 49
5/17/2016 25 50 28 55 52
5/18/2016 25 50 30 47 47
5/19/2016 25 50 30 56 50
5/20/2016 25 50 32 60 49
5/23/2016 25 50 35 60 50
5/24/2016 25 50 35 58 49
5/25/2016 25 50 33 68 53
5/26/2016 25 50 30 59 54
5/27/2016 25 50 31 60 46
5/31/2016 25 50 34 59 NA
6/1/2016 25 50 30 60 NA
6/2/2016 25 50 28 56 52
6/3/2016 25 50 29 57 53
6/6/2016 25 50 28 53 51
6/7/2016 25 50 28 54 53
6/8/2016 25 50 24 59 53
6/9/2016 25 50 25 53 45
6/10/2016 25 50 25 51 NA
6/13/2016 25 50 27 58 NA
6/14/2016 25 50 27 53 NA
6/15/2016 25 50 26 54 46
6/16/2016 25 50 27 58 49
6/17/2016 25 50 26 52 49
6/20/2016 25 50 28 52 48
6/21/2016 25 50 27 57 49
6/22/2016 25 50 27 57 44
6/23/2016 25 50 30 52 48
6/24/2016 25 50 26 54 50
6/27/2016 25 50 27 56 52
6/28/2016 25 50 26 60 45
6/29/2016 25 50 26 57 48
6/30/2016 25 50 26 57 45
7/1/2016 25 50 27 54 45
7/5/2016 25 50 28 59 45
7/6/2016 25 50 27 61 46
7/7/2016 25 50 29 56 46
7/8/2016 25 50 27 63 45
7/11/2016 25 50 31 61 50
7/12/2016 25 50 29 65 47
7/13/2016 25 50 31 60 45
7/14/2016 25 50 31 60 47
7/15/2016 25 50 31 62 46
7/18/2016 25 50 32 65 46
7/19/2016 25 50 31 61 48
7/20/2016 25 50 32 60 47
7/21/2016 25 50 31 63 45
7/22/2016 25 50 32 64 47
7/25/2016 25 50 32 62 45
7/26/2016 25 50 31 63 49
7/27/2016 25 50 31 63 47
7/28/2016 25 50 25 63 43
7/29/2016 25 50 27 70 44
8/1/2016 25 50 29 67 53
8/2/2016 25 50 29 59 50
8/3/2016 25 50 28 69 NA
8/4/2016 25 50 26 90 48
8/5/2016 25 50 27 67 48
8/8/2016 25 50 31 86 41
8/9/2016 25 50 29 86 51
8/10/2016 25 50 28 76 48
8/11/2016 25 50 28 72 48
8/12/2016 25 50 28 66 48
8/15/2016 25 50 31 73 48
8/16/2016 25 50 27 78 55
8/17/2016 25 50 30 62 52
8/18/2016 25 50 29 73 54
8/19/2016 25 50 29 62 49
8/22/2016 25 50 29 75 57
8/23/2016 25 50 30 74 54
8/24/2016 25 50 31 64 56
8/25/2016 25 50 33 75 50
8/26/2016 25 50 33 75 51
8/29/2016 25 50 33 70 50
8/30/2016 25 50 33 78 47
8/31/2016 25 50 33 74 NA
9/1/2016 25 50 33 85 51
9/2/2016 25 50 32 70 52
9/6/2016 25 50 32 75 50
9/7/2016 25 50 34 70 51
9/8/2016 25 50 34 71 51
9/9/2016 25 50 34 89 51
9/12/2016 25 50 37 65 54
9/13/2016 25 50 36 76 56
9/14/2016 25 50 33 87 54
9/15/2016 25 50 29 76 53
9/16/2016 25 50 29 77 54
9/19/2016 25 50 30 73 52
9/20/2016 25 50 30 79 53
9/21/2016 25 50 22 84 52
9/22/2016 25 50 18 77 NA
9/23/2016 25 50 18 78 54
9/26/2016 25 50 25 63 56
9/27/2016 25 50 26 64 54
9/28/2016 25 50 27 82 53
9/29/2016 25 50 26 64 52
9/30/2016 25 50 28 71 52
10/3/2016 25 50 32 70 53
10/4/2016 25 50 33 72 54
10/5/2016 25 50 32 63 57
10/6/2016 25 50 32 78 53
10/7/2016 25 50 32 75 54
10/11/2016 25 50 35 75 63
10/12/2016 25 50 36 73 62
10/13/2016 25 50 29 78 60
10/14/2016 25 50 31 67 55
10/17/2016 25 50 34 78 64
10/18/2016 25 50 34 75 61
10/19/2016 25 50 34 74 64
10/20/2016 25 50 34 72 60
10/21/2016 25 50 33 67 53
10/24/2016 25 50 33 73 55
10/25/2016 25 50 34 72 60
10/26/2016 25 50 33 72 51
10/27/2016 25 50 29 72 63
10/28/2016 25 50 29 67 60
10/31/2016 25 50 34 67 55
11/1/2016 25 50 35 73 54
11/2/2016 25 50 36 71 60
11/3/2016 25 50 37 73 56
11/4/2016 25 50 37 72 54
11/7/2016 25 50 41 66 55
11/8/2016 25 50 43 67 59
11/9/2016 25 50 44 67 62
11/10/2016 25 50 47 62 57
11/14/2016 25 50 54 74 63
11/15/2016 25 50 50 68 62
11/16/2016 25 50 46 90 67
11/17/2016 25 50 43 72 62
11/18/2016 25 50 43 67 64
11/21/2016 25 50 46 75 65
11/22/2016 25 50 48 67 67
11/23/2016 25 50 50 74 NA
11/25/2016 25 50 48 NA NA
11/28/2016 25 50 48 67 66
11/29/2016 25 50 48 68 69
11/30/2016 25 50 48 73 72
12/1/2016 25 50 47 74 71
12/2/2016 25 50 48 77 70
12/5/2016 25 50 49 75 65
12/6/2016 25 50 49 73 73
12/7/2016 25 50 51 69 72
12/8/2016 25 50 50 79 73
12/9/2016 25 50 53 77 73
12/12/2016 25 50 51 92 77
12/13/2016 25 50 54 96 73
12/14/2016 25 50 54 88 74
12/15/2016 50 75 50 103 70
12/16/2016 50 75 50 101 76
12/19/2016 50 75 52 91 77
12/20/2016 50 75 52 93 80
12/21/2016 50 75 51 98 79
12/22/2016 50 75 50 95 NA
12/23/2016 50 75 51 86 NA
12/27/2016 50 75 51 97 NA
12/28/2016 50 75 52 91 NA
12/29/2016 50 75 46 87 NA
12/30/2016 50 75 50 NA NA
1/3/2017 50 75 53 99 77
1/4/2017 50 75 52 95 79
1/5/2017 50 75 51 91 78
1/6/2017 50 75 52 90 71
1/9/2017 50 75 50 90 76
1/10/2017 50 75 51 94 81
1/11/2017 50 75 51 87 79
1/12/2017 50 75 51 82 81
1/13/2017 50 75 52 91 82
1/17/2017 50 75 54 87 82
1/18/2017 50 75 52 87 81
1/19/2017 50 75 51 89 79
1/20/2017 50 75 49 95 83
1/23/2017 50 75 51 87 78
1/24/2017 50 75 50 92 81
1/25/2017 50 75 49 86 83
1/26/2017 50 75 50 88 83
1/27/2017 50 75 51 89 81
1/30/2017 50 75 51 91 81
1/31/2017 50 75 52 92 79
2/1/2017 50 75 50 93 79
2/2/2017 50 75 51 91 80
2/3/2017 50 75 50 93 78
2/6/2017 50 75 53 91 79
2/7/2017 50 75 53 78 80
2/8/2017 50 75 53 84 78
2/9/2017 50 75 53 89 77
2/10/2017 50 75 54 91 79
2/13/2017 50 75 52 87 75
2/14/2017 50 75 54 87 77
2/15/2017 50 75 53 94 78
2/16/2017 50 75 52 86 77
2/17/2017 50 75 52 87 71
2/21/2017 50 75 53 86 73
2/22/2017 50 75 52 86 78
2/23/2017 50 75 51 86 77
2/24/2017 50 75 51 86 77
2/27/2017 50 75 50 72 77
2/28/2017 50 75 53 81 77
3/1/2017 50 75 62 94 74
3/2/2017 50 75 66 90 NA
3/3/2017 50 75 70 85 66
3/6/2017 50 75 73 89 82
3/7/2017 50 75 75 88 83
3/8/2017 50 75 72 87 77
3/9/2017 50 75 72 88 97
3/10/2017 50 75 73 88 NA
3/13/2017 50 75 78 101 84
3/14/2017 50 75 77 89 89
3/15/2017 50 75 72 105 82
3/16/2017 75 100 72 105 91
3/17/2017 75 100 72 106 89
3/20/2017 75 100 75 105 91
3/21/2017 75 100 76 106 92
3/22/2017 75 100 76 105 91
3/23/2017 75 100 75 104 93
3/24/2017 75 100 77 105 91
3/27/2017 75 100 77 NA 91
3/28/2017 75 100 77 105 92
3/29/2017 75 100 77 105 93
3/30/2017 75 100 77 102 93
3/31/2017 75 100 75 NA 96
4/3/2017 75 100 78 100 91
4/4/2017 75 100 78 104 90
4/5/2017 75 100 79 101 91
4/6/2017 75 100 78 95 92
4/7/2017 75 100 81 99 90
4/10/2017 75 100 81 105 91
4/11/2017 75 100 81 105 95
4/12/2017 75 100 80 105 91
4/13/2017 75 100 80 99 91
4/17/2017 75 100 82 102 93
4/18/2017 75 100 81 99 94
4/19/2017 75 100 80 103 94
4/20/2017 75 100 78 102 92
4/21/2017 75 100 78 103 93
4/24/2017 75 100 80 104 92
4/25/2017 75 100 81 105 91
4/26/2017 75 100 82 105 90
4/27/2017 75 100 80 106 92
4/28/2017 75 100 79 113 91
5/1/2017 75 100 82 101 94
5/2/2017 75 100 81 103 92
5/3/2017 75 100 84 106 95
5/4/2017 75 100 84 106 92
5/5/2017 75 100 88 105 93
5/8/2017 75 100 90 106 NA
5/9/2017 75 100 90 105 95
5/10/2017 75 100 89 106 94
5/11/2017 75 100 87 106 95
5/12/2017 75 100 86 104 94
5/15/2017 75 100 89 104 94
5/16/2017 75 100 89 105 97
5/17/2017 75 100 89 104 98
5/18/2017 75 100 91 104 95
5/19/2017 75 100 90 104 96
5/22/2017 75 100 92 105 94
5/23/2017 75 100 91 104 95
5/24/2017 75 100 92 105 97
5/25/2017 75 100 92 105 NA
5/26/2017 75 100 92 104 97
5/30/2017 75 100 92 105 98

Note: All rates are reported on a discount basis. Commercial paper rates are not available on days when no commercial paper is issued.

Source: For Treasury Bill, U.S. Department of the Treasury; for AA Financial and Nonfinancial Commercial Paper, Federal Reserve Board.

Return to text.

Figure 5: Institutional Money Fund Net Yields

Basis points
Weekly

Date Government Institutional Prime Institutional
10/6/2015 0.01 0.11
10/13/2015 0.01 0.12
10/20/2015 0.01 0.12
10/27/2015 0.01 0.12
11/3/2015 0.01 0.12
11/10/2015 0.01 0.12
11/17/2015 0.01 0.13
11/24/2015 0.01 0.13
12/1/2015 0.01 0.14
12/8/2015 0.01 0.15
12/15/2015 0.02 0.16
12/22/2015 0.06 0.24
12/29/2015 0.07 0.26
1/5/2016 0.08 0.25
1/12/2016 0.10 0.30
1/19/2016 0.10 0.32
1/26/2016 0.12 0.34
2/2/2016 0.13 0.34
2/9/2016 0.14 0.37
2/16/2016 0.14 0.38
2/23/2016 0.15 0.38
3/1/2016 0.15 0.39
3/8/2016 0.15 0.40
3/15/2016 0.16 0.40
3/22/2016 0.16 0.40
3/29/2016 0.16 0.41
4/5/2016 0.16 0.40
4/12/2016 0.16 0.41
4/19/2016 0.16 0.41
4/26/2016 0.16 0.40
5/3/2016 0.16 0.40
5/10/2016 0.16 0.41
5/17/2016 0.16 0.40
5/24/2016 0.16 0.40
5/31/2016 0.17 0.40
6/7/2016 0.18 0.40
6/14/2016 0.18 0.40
6/21/2016 0.18 0.41
6/28/2016 0.20 0.41
7/5/2016 0.19 0.41
7/12/2016 0.19 0.40
7/19/2016 0.20 0.40
7/26/2016 0.20 0.39
8/2/2016 0.20 0.38
8/9/2016 0.20 0.38
8/16/2016 0.20 0.38
8/23/2016 0.21 0.38
8/30/2016 0.21 0.38
9/6/2016 0.21 0.37
9/13/2016 0.22 0.37
9/20/2016 0.22 0.37
9/27/2016 0.22 0.38
10/4/2016 0.23 0.42
10/11/2016 0.22 0.45
10/18/2016 0.23 0.54
10/25/2016 0.22 0.57
11/1/2016 0.23 0.59
11/8/2016 0.23 0.61
11/15/2016 0.23 0.61
11/22/2016 0.24 0.61
11/29/2016 0.24 0.62
12/6/2016 0.24 0.63
12/13/2016 0.26 0.65
12/20/2016 0.34 0.76
12/27/2016 0.36 0.80
1/3/2017 0.37 0.79
1/10/2017 0.39 0.83
1/17/2017 0.40 0.84
1/24/2017 0.40 0.85
1/31/2017 0.40 0.86
2/7/2017 0.40 0.86
2/14/2017 0.41 0.87
2/21/2017 0.41 0.86
2/28/2017 0.41 0.86
3/7/2017 0.41 0.87
3/14/2017 0.43 0.88
3/21/2017 0.52 0.97
3/28/2017 0.55 1.01
4/4/2017 0.56 1.02
4/11/2017 0.58 1.04
4/18/2017 0.60 1.04
4/25/2017 0.59 1.04
5/2/2017 0.60 1.03
5/9/2017 0.61 1.04
5/16/2017 0.62 1.04

Note: The "net yields" plotted here are the asset-weighted average annualized returns, net of expense ratio, earned by investors over the past 7 days without reinvesting dividends.

Source: iMoneyNet, Money Fund Analyzer – Gold.

Return to text.

Figure 6: Retail Money Fund Net Yields

Basis points
Weekly

Date Government Retail Prime Retail
10/6/2015 0.01 0.03
10/13/2015 0.01 0.03
10/20/2015 0.01 0.03
10/27/2015 0.01 0.03
11/3/2015 0.01 0.03
11/10/2015 0.01 0.03
11/17/2015 0.01 0.03
11/24/2015 0.01 0.04
12/1/2015 0.01 0.05
12/8/2015 0.01 0.05
12/15/2015 0.01 0.08
12/22/2015 0.01 0.09
12/29/2015 0.02 0.11
1/5/2016 0.02 0.14
1/12/2016 0.02 0.16
1/19/2016 0.02 0.18
1/26/2016 0.02 0.18
2/2/2016 0.02 0.18
2/9/2016 0.02 0.19
2/16/2016 0.02 0.19
2/23/2016 0.02 0.20
3/1/2016 0.03 0.20
3/8/2016 0.04 0.20
3/15/2016 0.04 0.21
3/22/2016 0.04 0.21
3/29/2016 0.04 0.21
4/5/2016 0.04 0.22
4/12/2016 0.04 0.23
4/19/2016 0.05 0.22
4/26/2016 0.04 0.22
5/3/2016 0.04 0.23
5/10/2016 0.05 0.24
5/17/2016 0.05 0.23
5/24/2016 0.05 0.24
5/31/2016 0.05 0.23
6/7/2016 0.06 0.24
6/14/2016 0.06 0.24
6/21/2016 0.06 0.24
6/28/2016 0.07 0.24
7/5/2016 0.06 0.24
7/12/2016 0.06 0.25
7/19/2016 0.07 0.25
7/26/2016 0.06 0.25
8/2/2016 0.07 0.25
8/9/2016 0.07 0.26
8/16/2016 0.07 0.27
8/23/2016 0.07 0.28
8/30/2016 0.08 0.29
9/6/2016 0.08 0.30
9/13/2016 0.08 0.31
9/20/2016 0.08 0.32
9/27/2016 0.08 0.35
10/4/2016 0.09 0.37
10/11/2016 0.09 0.39
10/18/2016 0.09 0.40
10/25/2016 0.09 0.40
11/1/2016 0.09 0.41
11/8/2016 0.09 0.42
11/15/2016 0.09 0.41
11/22/2016 0.09 0.42
11/29/2016 0.10 0.42
12/6/2016 0.10 0.44
12/13/2016 0.11 0.46
12/20/2016 0.15 0.51
12/27/2016 0.15 0.54
1/3/2017 0.16 0.54
1/10/2017 0.17 0.56
1/17/2017 0.18 0.57
1/24/2017 0.18 0.58
1/31/2017 0.19 0.58
2/7/2017 0.18 0.58
2/14/2017 0.18 0.59
2/21/2017 0.18 0.59
2/28/2017 0.19 0.59
3/7/2017 0.20 0.59
3/14/2017 0.21 0.59
3/21/2017 0.27 0.65
3/28/2017 0.29 0.69
4/4/2017 0.31 0.69
4/11/2017 0.32 0.70
4/18/2017 0.33 0.73
4/25/2017 0.34 0.75
5/2/2017 0.35 0.75
5/9/2017 0.37 0.75
5/16/2017 0.37 0.75

Note: The "net yields" plotted here are the asset-weighted average annualized returns, net of expense ratio, earned by investors over the past 7 days without reinvesting dividends.

Source: iMoneyNet, Money Fund Analyzer – Gold.

Return to text.

Figure 7: Average Retail Deposit Rates at Commercial Banks

Basis points

Type 4/5/2017 12/9/2015
Checking 7 6
Savings 13 11
3-Month CD 15 12
6-Month CD 24 18
1-Year CD 38 30

Note: The simple average of each deposit rate is the unweighted average of the various deposit products collected by RateWatch. For the checking account rate, this calculation includes interest-bearing checking accounts with $0 and $2,500 minimum balances for around 4,000 commercial banks identified by their FDIC insurance certificate number. The following deposit product types were used to construct the savings rate: money market deposit accounts with $2,500, $10,000, and $25,000 minimums; premium money market deposit accounts with $10,000 and $25,000 minimums; and savings accounts with $2,500 minimums. These rates apply to the most common deposit products offered, and so likely reflect a lower bound on the range of prevailing deposit rates. For more information on RateWatch, please see RateWatch's Frequency Asked Questions page available here: https://www.rate-watch.com/faq.

Source: RateWatch, Deposit, Loan, and Fee Data, https://www.rate-watch.com/.

Return to text.

Last Update: June 02, 2017