{"slug":"capital-market-vs-money-market","qid":"bill_trend","label":"bill_trend","post_title":"capital-market-vs-money-market","post_url":"/blog/lang/pcm/capital-market-vs-money-market#q-bill_trend","columns":["month","month_label","tbill_3m_pct","note_10y_pct"],"rows":[{"month":"2024-09-01","month_label":"Sep 2024","tbill_3m_pct":4.77,"note_10y_pct":3.73},{"month":"2024-10-01","month_label":"Oct 2024","tbill_3m_pct":4.72,"note_10y_pct":4.1},{"month":"2024-11-01","month_label":"Nov 2024","tbill_3m_pct":4.62,"note_10y_pct":4.36},{"month":"2024-12-01","month_label":"Dec 2024","tbill_3m_pct":4.39,"note_10y_pct":4.39},{"month":"2025-01-01","month_label":"Jan 2025","tbill_3m_pct":4.34,"note_10y_pct":4.63},{"month":"2025-02-01","month_label":"Feb 2025","tbill_3m_pct":4.33,"note_10y_pct":4.45},{"month":"2025-03-01","month_label":"Mar 2025","tbill_3m_pct":4.34,"note_10y_pct":4.28},{"month":"2025-04-01","month_label":"Apr 2025","tbill_3m_pct":4.32,"note_10y_pct":4.28},{"month":"2025-05-01","month_label":"May 2025","tbill_3m_pct":4.36,"note_10y_pct":4.42},{"month":"2025-06-01","month_label":"Jun 2025","tbill_3m_pct":4.42,"note_10y_pct":4.38},{"month":"2025-07-01","month_label":"Jul 2025","tbill_3m_pct":4.41,"note_10y_pct":4.39},{"month":"2025-08-01","month_label":"Aug 2025","tbill_3m_pct":4.3,"note_10y_pct":4.26},{"month":"2025-09-01","month_label":"Sep 2025","tbill_3m_pct":4.07,"note_10y_pct":4.12},{"month":"2025-10-01","month_label":"Oct 2025","tbill_3m_pct":3.98,"note_10y_pct":4.06},{"month":"2025-11-01","month_label":"Nov 2025","tbill_3m_pct":3.94,"note_10y_pct":4.09},{"month":"2025-12-01","month_label":"Dec 2025","tbill_3m_pct":3.68,"note_10y_pct":4.14},{"month":"2026-01-01","month_label":"Jan 2026","tbill_3m_pct":3.67,"note_10y_pct":4.21},{"month":"2026-02-01","month_label":"Feb 2026","tbill_3m_pct":3.69,"note_10y_pct":4.13},{"month":"2026-03-01","month_label":"Mar 2026","tbill_3m_pct":3.72,"note_10y_pct":4.25},{"month":"2026-04-01","month_label":"Apr 2026","tbill_3m_pct":3.7,"note_10y_pct":4.32},{"month":"2026-05-01","month_label":"May 2026","tbill_3m_pct":3.69,"note_10y_pct":4.48},{"month":"2026-06-01","month_label":"Jun 2026","tbill_3m_pct":3.81,"note_10y_pct":4.47},{"month":"2026-07-01","month_label":"Jul 2026","tbill_3m_pct":3.87,"note_10y_pct":4.6},{"month":"2026-08-01","month_label":"Aug 2026","tbill_3m_pct":3.88,"note_10y_pct":4.68},{"month":"2026-09-01","month_label":"Sep 2026","tbill_3m_pct":4.09,"note_10y_pct":4.99},{"month":"2026-10-01","month_label":"Oct 2026","tbill_3m_pct":4.23,"note_10y_pct":5.25}],"shape":"series","sql":"SELECT\n    toString(toStartOfMonth(date))                AS month,\n    formatDateTime(toStartOfMonth(date), '%b %Y') AS month_label,\n    round(avg(toFloat64(yield_3_month)), 2)       AS tbill_3m_pct,\n    round(avg(toFloat64(yield_10_year)), 2)       AS note_10y_pct\nFROM global_markets.treasury_yields\nWHERE date >= today() - 760\n  AND yield_3_month > 0\n  AND yield_10_year > 0\nGROUP BY month, month_label\nORDER BY month","computed_at":"2026-10-16T15:22:41.982838+00:00","elapsed":0.043252231}