Code of Federal Regulations (alpha)

CFR /  Title 31  /  Part 351  /  Sec. 351.10 What do I need to know about market yields, or market bid

We use market yields, or market bid yields, derived from Treasury bills, notes, and bonds, to create a yield curve based on the most actively traded Treasury securities. This curve relates the yield on a security to its time to maturity. Yields at particular points on the curve are referred to as ``constant maturity yields'' and are determined by the Treasury from this daily yield curve. Six-month and 5-year Treasury securities rates are derived from these yield curves.