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F6 · COMPENSATION TO HOLD DURATION

10-year term premium (Adrian–Crump–Moench)

0.55
STALE ROBUST DRS 95 daily as of 2026-06-23

This tile is stale: the value shown is the last one the source published, never a fabricated current number.

The full history

1961 high 5.24 · low -1.25 · now 0.55 · 8 recessions shaded 2026

How it is read

What it measures
compensation to hold duration
Confidence
ROBUST : a primary official series, mechanically reported.
Reliability (DRS)
DRS 95: Model-based estimate (ACM), not a market quote; disclosed on Methodology.

Where it comes from

NYFED ↗ Every number on this site is reproducible from this primary source.

What it read at past stress points

Lehman, Sep 2008 1.64 · CALM
Q4-2018 selloff -0.55 · CALM
Curve inversion, Aug 2019 -1.30 · CALM
COVID crash, Mar 2020 -1.18 · CALM

Questions it helps answer

  • The Debt : Can the debt be carried, and who is carrying it?