United States - 3-Month Treasury Constant Maturity Minus Federal Funds Rate was 0.05% in February of 2026, according to the United States Federal Reserve. Historically, United States - 3-Month Treasury Constant Maturity Minus Federal Funds Rate reached a record high of 0.79 in October of 2022 and a record low of -2.12 in September of 1982. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - 3-Month Treasury Constant Maturity Minus Federal Funds Rate - last updated from the United States Federal Reserve on April of 2026.