CycleWatch

Signals › Supporting series

TB3MS · FRED

3-Month Treasury Bill Secondary Market Rate, Discount Basis

Latest reading

3.94

Percent · observation 2026-09-01, published 2026-10-01

Last 24 observations.

Signal

—

Not in the fit. No verdict.

Use
Supporting: 3m T-bill, monthly from 1934: term-spread history before T10Y3M (1982)

Where it fits

Supporting series: The model averages the standardised signals in each block into a block score, then combines the twelve block scores in a probit. Today the 12-block model reads 1.6%.

Other signals in this block