{"slug":"mutual-fund-settlement-time","qid":"short_rates","label":"Short end vs long end of the Treasury curve: monthly averages, July 2024 to June 2026","post_title":"When Do Mutual Fund Trades Settle?","post_url":"/blog/mutual-fund-settlement-time#q-short_rates","columns":["month","month_label","bill_3m_pct","treasury_10y_pct"],"rows":[{"month":"2024-07","month_label":"July 2024","bill_3m_pct":5.43,"treasury_10y_pct":4.25},{"month":"2024-08","month_label":"August 2024","bill_3m_pct":5.3,"treasury_10y_pct":3.87},{"month":"2024-09","month_label":"September 2024","bill_3m_pct":4.92,"treasury_10y_pct":3.72},{"month":"2024-10","month_label":"October 2024","bill_3m_pct":4.72,"treasury_10y_pct":4.1},{"month":"2024-11","month_label":"November 2024","bill_3m_pct":4.62,"treasury_10y_pct":4.36},{"month":"2024-12","month_label":"December 2024","bill_3m_pct":4.39,"treasury_10y_pct":4.39},{"month":"2025-01","month_label":"January 2025","bill_3m_pct":4.34,"treasury_10y_pct":4.63},{"month":"2025-02","month_label":"February 2025","bill_3m_pct":4.33,"treasury_10y_pct":4.45},{"month":"2025-03","month_label":"March 2025","bill_3m_pct":4.34,"treasury_10y_pct":4.28},{"month":"2025-04","month_label":"April 2025","bill_3m_pct":4.32,"treasury_10y_pct":4.28},{"month":"2025-05","month_label":"May 2025","bill_3m_pct":4.36,"treasury_10y_pct":4.42},{"month":"2025-06","month_label":"June 2025","bill_3m_pct":4.42,"treasury_10y_pct":4.38},{"month":"2025-07","month_label":"July 2025","bill_3m_pct":4.41,"treasury_10y_pct":4.39},{"month":"2025-08","month_label":"August 2025","bill_3m_pct":4.3,"treasury_10y_pct":4.26},{"month":"2025-09","month_label":"September 2025","bill_3m_pct":4.07,"treasury_10y_pct":4.12},{"month":"2025-10","month_label":"October 2025","bill_3m_pct":3.98,"treasury_10y_pct":4.06},{"month":"2025-11","month_label":"November 2025","bill_3m_pct":3.94,"treasury_10y_pct":4.09},{"month":"2025-12","month_label":"December 2025","bill_3m_pct":3.68,"treasury_10y_pct":4.14},{"month":"2026-01","month_label":"January 2026","bill_3m_pct":3.67,"treasury_10y_pct":4.21},{"month":"2026-02","month_label":"February 2026","bill_3m_pct":3.69,"treasury_10y_pct":4.13},{"month":"2026-03","month_label":"March 2026","bill_3m_pct":3.72,"treasury_10y_pct":4.25},{"month":"2026-04","month_label":"April 2026","bill_3m_pct":3.7,"treasury_10y_pct":4.32},{"month":"2026-05","month_label":"May 2026","bill_3m_pct":3.69,"treasury_10y_pct":4.48},{"month":"2026-06","month_label":"June 2026","bill_3m_pct":3.81,"treasury_10y_pct":4.47}],"shape":"series","sql":"SELECT formatDateTime(toStartOfMonth(date), '%Y-%m') AS month,\n       formatDateTimeInJodaSyntax(toStartOfMonth(date), 'MMMM yyyy') AS month_label,\n       round(avg(yield_3_month), 2) AS bill_3m_pct,\n       round(avg(yield_10_year), 2) AS treasury_10y_pct\nFROM global_markets.treasury_yields\nWHERE date BETWEEN toDate('2024-07-01') AND toDate('2026-06-30')\n  AND yield_3_month IS NOT NULL\n  AND yield_10_year IS NOT NULL\nGROUP BY month, month_label\nORDER BY month","computed_at":"2026-08-01T07:54:42.998324+00:00","elapsed":0.002040674}