As of market close on May 15, 2026, U.S. Treasury bills (T-bills) are generally paying yields between 3.65% and 3.82%, depending on the maturity length.

​Because the current yield curve is upward-sloping, you'll get a slightly higher rate for locking your money in for a full year compared to just a few weeks. Here is the breakdown of the current investment rates by maturity:

​Current T-Bill Rates

Maturity TermCurrent Yield (May 2026)
4-Week3.65%
8-Week3.68%
13-Week (3-Month)3.68%
17-Week3.70%
26-Week (6-Month)3.73%
52-Week (1-Year)3.82%

Key Context for Buyers

  • Buying Direct vs. Secondary Market: If you buy these directly from the government via TreasuryDirect, you will get the rate set at the most recent auction. If you purchase them through a brokerage account (like Charles Schwab, Fidelity, or Vanguard), you are buying on the secondary market where yields fluctuate slightly throughout the trading day.
  • Tax Advantage: Remember that the interest earned on T-bills is exempt from state and local income taxes, which makes these yields even more attractive if you live in a high-tax state.

​Are you looking to buy a specific maturity, or are you just comparing these to other cash options like CDs and high-yield savings accounts?