{"slug":"what-is-the-3m10y-spread","qid":"front_end","label":"front_end","post_title":"what-is-the-3m10y-spread","post_url":"/blog/what-is-the-3m10y-spread#q-front_end","columns":["month","month_label","three_month_yield","two_year_yield","ten_year_yield"],"rows":[{"month":"2021-07-01","month_label":"Jul 2021","three_month_yield":0.05,"two_year_yield":0.22,"ten_year_yield":1.32},{"month":"2021-08-01","month_label":"Aug 2021","three_month_yield":0.05,"two_year_yield":0.22,"ten_year_yield":1.28},{"month":"2021-09-01","month_label":"Sep 2021","three_month_yield":0.04,"two_year_yield":0.24,"ten_year_yield":1.37},{"month":"2021-10-01","month_label":"Oct 2021","three_month_yield":0.05,"two_year_yield":0.39,"ten_year_yield":1.58},{"month":"2021-11-01","month_label":"Nov 2021","three_month_yield":0.05,"two_year_yield":0.51,"ten_year_yield":1.56},{"month":"2021-12-01","month_label":"Dec 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2024","three_month_yield":5.3,"two_year_yield":3.97,"ten_year_yield":3.87},{"month":"2024-09-01","month_label":"Sep 2024","three_month_yield":4.92,"two_year_yield":3.62,"ten_year_yield":3.72},{"month":"2024-10-01","month_label":"Oct 2024","three_month_yield":4.72,"two_year_yield":3.97,"ten_year_yield":4.1},{"month":"2024-11-01","month_label":"Nov 2024","three_month_yield":4.62,"two_year_yield":4.26,"ten_year_yield":4.36},{"month":"2024-12-01","month_label":"Dec 2024","three_month_yield":4.39,"two_year_yield":4.23,"ten_year_yield":4.39}],"shape":"series","sql":"SELECT\n    toStartOfMonth(date)                          AS month,\n    formatDateTime(month, '%b %Y')                AS month_label,\n    round(avg(toFloat64(yield_3_month)), 2)       AS three_month_yield,\n    round(avg(toFloat64(yield_2_year)), 2)        AS two_year_yield,\n    round(avg(toFloat64(yield_10_year)), 2)       AS ten_year_yield\nFROM global_markets.treasury_yields\nWHERE date >= toDate('2021-07-01')\n  AND date <  toDate('2025-01-01')\n  AND yield_3_month > 0\n  AND yield_2_year > 0\n  AND yield_10_year > 0\nGROUP BY month\nORDER BY month","computed_at":"2026-09-17T15:51:57.649722+00:00","elapsed":0.002747201}