Yield Curve & Ratesdaily
Fed Funds Target (Upper)
Upper bound of the FOMC target range for the federal funds rate.
The Fed Funds Target (Upper) is currently 3.75%, last updated .
3.75%
1W +0.00%1M +0.00%3M +0.00%
Updated 5h agoStatistical forecast 2026
Model-based central estimate, 68% and 95% confidence bands for Fed Funds Target (Upper), blended across current macro regimes.
Start here
Interest rates set the price of money and ripple through every asset class. An inverted yield curve has preceded every U.S. recession since the 1960s, making this the single most-watched corner of fixed income. Monitoring rate differentials, real yields, and forward expectations helps traders anticipate risk-on or risk-off regime shifts.
Updated 5h ago
Recent Data
Download CSV| Date | Value | Change |
|---|---|---|
| May 17, 2026 | 3.75% | +0.00% |
| May 16, 2026 | 3.75% | +0.00% |
| May 15, 2026 | 3.75% | +0.00% |
| May 14, 2026 | 3.75% | +0.00% |
| May 13, 2026 | 3.75% | +0.00% |
| May 12, 2026 | 3.75% | +0.00% |
| May 11, 2026 | 3.75% | +0.00% |
| May 10, 2026 | 3.75% | +0.00% |
| May 9, 2026 | 3.75% | +0.00% |
| May 8, 2026 | 3.75% | +0.00% |
| May 7, 2026 | 3.75% | +0.00% |
| May 6, 2026 | 3.75% | +0.00% |
| May 5, 2026 | 3.75% | +0.00% |
| May 4, 2026 | 3.75% | +0.00% |
| May 3, 2026 | 3.75% | +0.00% |
| May 2, 2026 | 3.75% | +0.00% |
| May 1, 2026 | 3.75% | +0.00% |
| Apr 30, 2026 | 3.75% | +0.00% |
| Apr 29, 2026 | 3.75% | +0.00% |
| Apr 28, 2026 | 3.75% | +0.00% |
| Apr 27, 2026 | 3.75% | +0.00% |
| Apr 26, 2026 | 3.75% | +0.00% |
| Apr 25, 2026 | 3.75% | +0.00% |
| Apr 24, 2026 | 3.75% | — |
Related in Yield Curve & Rates
3-Month Treasury Yield
Yield on 3-month US Treasury bill, the shortest benchmark maturity on the curve.
1Y Treasury Yield
Yield on 1-year US Treasury constant maturity securities.
2Y Treasury Yield
Yield on 2-year US Treasury, key Fed expectations proxy.
5Y Treasury Yield
Yield on 5-year US Treasury constant maturity securities.
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Forecast 2026
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Frequently Asked Questions
▶What is Fed Funds Target (Upper)?
Upper bound of the FOMC target range for the federal funds rate.
▶How does Fed Funds Target (Upper) relate to yield curve & rates?
Fed Funds Target (Upper) is part of the Yield Curve & Rates category. Interest rates set the price of money and ripple through every asset class. An inverted yield curve has preceded every U.S. recession since the 1960s, making this the single most-watched corner of fixed income. Monitoring rate differentials, real yields, and forward expectations helps traders anticipate risk-on or risk-off regime shifts.
▶How often is Fed Funds Target (Upper) updated?
Fed Funds Target (Upper) is updated once per day after market close. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
▶Where does Convex source Fed Funds Target (Upper) data?
Convex sources Fed Funds Target (Upper) data from the Federal Reserve Economic Data (FRED) API, maintained by the Federal Reserve Bank of St. Louis. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
▶What can I do on the Fed Funds Target (Upper) chart page?
The Fed Funds Target (Upper) page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.
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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated daily. This page is for informational purposes only and does not constitute financial advice.