Are the CMT rates the same as the yields on actual Treasury securities?
CMT yields are read directly from the Treasury’s daily yield curve, which is derived by using actual secondary market yields on Treasury securities. However, CMT rates are read from fixed, constant maturity points on the curve and may not match the exact yield on any one specific security. For more information on the daily Treasury yield curve, see the link to our Treasury Yield Curve Methodology page.
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