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About 25% of the top 400 metro areas saw lower home values in the second quarter, double last year's number. Is yours one of them? See HSH.com's Home Value Tracker.

About 25% of the top 400 metro areas saw lower home values in the second quarter, double last year's number. Is yours one of them? See HSH.com's Home Value Tracker.

ARM Indexes: Monthly Treasury Securities / Constant Maturities

Treasury Securities ("T-Secs", also known as TCM, or CMT, or T-Sec) values are calculated by the Treasury Department and reported by the Federal Reserve in Publication H.15.  Below, you will find current and historical monthly yields for 3 month, 6 month Treasuries, as well as values for 1-, 2-, 3-, 5-, 7-, 10-, 20-, and 30 year treasuries.

The official name of this index is "Monthly Average Yield on U.S. Treasury Securities Adjusted to a Constant Maturity of (number) Years" (or "six months", or "2 years", etc.). Confusion can arise when lenders use the term "One Year Treasury Bill"; the 52-week bill is a totally different index, and rarely used on ARMs.

Treasuries have both monthly and weekly values; for ARMs, the weekly value is most often used. Monthly values are rarely employed, excepting where a Moving Treasury Average (MTA, aka 12-Mat) is used. If you think your ARM is tied to a monthly value, you'll want to check your check your mortgage Note or Adjustable Rate Rider for specific details.

However, monthly values are excellent for tracking changes in interest rates and make great companion series for many other economic indicators. Need weekly treasury index values instead?

L O A D I N G

ARM Indexes: Monthly Treasury Securities / Constant Maturities from August 2024 to August 2025

Date 3-Month TCM 6-Month TCM 1-Year TCM
Aug-2025 4.30000 4.11000 3.89000
Jul-2025 4.41000 4.31000 4.08000
Jun-2025 4.42000 4.30000 4.06000
May-2025 4.36000 4.30000 4.09000
Apr-2025 4.32000 4.20000 3.95000
Mar-2025 4.34000 4.27000 4.06000
Feb-2025 4.33000 4.30000 4.19000
Jan-2025 4.34000 4.26000 4.18000
Dec-2024 4.39000 4.32000 4.23000
Nov-2024 4.62000 4.43000 4.33000
Oct-2024 4.72000 4.44000 4.20000
Sep-2024 4.92000 4.55000 4.03000
Aug-2024 5.30000 4.96000 4.43000

3-Month TCM
6-Month TCM
1-Year TCM

More ARM Indexes & Info