Tuesday, July 31, 2012

FEDFUNDS and TB3MS


The Federal Funds rate is useful sometimes. But FRED's FEDFUNDS numbers go back only to the mid-1950s. So sometimes I will want to use FRED's TB3MS -- "3-Month Treasury Bill: Secondary Market Rate" -- as a proxy for FEDFUNDS.

TB3MS goes back to the mid-1930s.

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