Treasury YieldsTreasury Yields in Google Sheets & Excel

OnlineCredit Usage:1 per cell

Formula

Pull the Treasury curve into a cell. Returns live yields across maturities, auto-refreshing — Sheets or Excel.

In a cell
=VERVE("treasuryyields", "field", "bonds")
In a cell
=VERVE.CALL("treasuryyields", "field", "bonds")

Inputs

Required inputs are positional, in the order below. Everything else is passed as a "name", value pair after them — the same shape as SUMIFS.

InputTypeWhere it goesDescription
datePremiumstring"date", valueOptional month in YYYY-MM format for a recent-month lookup (recent months only). Omit for current data. (e.g. 2025-06)
typePremiumstring"type", valueOptional filter for a single point. Legacy security types: bills, notes, bonds, tips, frn. Or a maturity: 1mo, 3mo, 6mo, 1yr, 2yr, 3yr, 5yr, 7yr, 10yr, 20yr, 30yr (e.g. 10yr)

Passing an option

In a cell
=VERVE("treasuryyields", "date", "2025-06")
In a cell
=VERVE.CALL("treasuryyields", "date", "2025-06")

What lands in your sheet

The "field" pair is what makes the formula resolve to one cell. The name is a dot-path from the table below, so swapping it is how you pull a different value — one formula per column.

Seeing everything at once

Drop the "field" pair and the formula returns the whole response instead: two columns, field name on the left and value on the right, spilling from the cell you typed in.

Spills a two-column table
=VERVE("treasuryyields")
Spills a two-column table
=VERVE.CALL("treasuryyields")

Good for finding out what a source returns, but it is not a formula you can fill down: the second row's table would land on top of the first's, and every cell after the first reads #REF! (#SPILL! in Excel). Keep one per sheet, or name a field. Leave the cells below and to the right empty.

Available fields

Fields marked Premium need a paid plan. On the free plan those cells read #PREMIUM(field) rather than a value, so a locked field never looks like a real answer.
Use as "field"TypeExample cell valueDescription
datestring2024-02-01The date of the treasury yields data in YYYY-MM-DD format
billsPremiumnumber5.24Benchmark short-term yield (3-month) as percentage
notesPremiumnumber4.35Benchmark note yield (10-year) as percentage
bondsnumber4.67Benchmark long bond yield (30-year) as percentage
tipsPremiumnumber2.15Benchmark TIPS real yield (10-year) as percentage
frnPremiumnumber5.31Floating Rate Note reference yield (3-month bill) as percentage
changesPremiumobject{…}Day-over-day change statistics, keyed by legacy type and by maturity
changes.billsPremiumobject{…}Change data for the 3-month benchmark including change1d and direction
changes.bills.change1dPremiumnumber0.02One-day percentage point change for the 3-month benchmark
changes.bills.directionPremiumstringupDirection of change: up, down, or unchanged
changes.notesPremiumobject{…}Change data for the 10-year benchmark including change1d and direction
changes.notes.change1dPremiumnumber-0.03One-day percentage point change for the 10-year benchmark
changes.notes.directionPremiumstringdownDirection of change: up, down, or unchanged
changes.bondsPremiumobject{…}Change data for the 30-year benchmark including change1d and direction
changes.bonds.change1dPremiumnumber0.01One-day percentage point change for the 30-year benchmark
changes.bonds.directionPremiumstringupDirection of change: up, down, or unchanged
changes.tipsPremiumobject{…}Change data for the 10-year TIPS benchmark including change1d and direction
changes.tips.change1dPremiumnumber0One-day percentage point change for the 10-year TIPS benchmark
changes.tips.directionPremiumstringunchangedDirection of change: up, down, or unchanged
changes.frnPremiumobject{…}Change data for the FRN reference (3-month) including change1d and direction
changes.frn.change1dPremiumnumber0.02One-day percentage point change for the FRN reference
changes.frn.directionPremiumstringupDirection of change: up, down, or unchanged
previousDatestring2024-01-31

When a cell doesn't fill

A failed lookup returns readable text starting with #ERR rather than a spreadsheet error, because Excel cannot show a custom message on a real error — you would get a bare #VALUE! with no reason. The trade-off is that IFERROR() won't catch it; test with LEFT(cell, 4) = "#ERR" instead.

Cell readsWhat happened
#ERR Not connectedNo API key saved. Open the side panel and connect your account.
#ERR Replace <name> with a cell or valueThe preview formula was copied as-is. Swap the placeholder for a cell reference.
#ERR No "x" in treasuryyieldsAn option name that this source doesn't take. The message lists the ones it does.
#ERR No data point "…"The "field" path isn't in the response. Check the dot-path against the table above.
#PREMIUM(field)The field exists but your plan doesn't include it.
#ERR Out of creditsThe month's credits are spent. Usage resets on your billing date.

Before the formula works

The add-in reads the API key you saved once in the side panel — the key never goes in the formula, so a shared sheet doesn't leak it and a collaborator without access simply sees the last calculated values.

  1. Install the add-in for Google Sheets or Excel.
  2. Open the side panel and sign in, or paste a key from your dashboard.
  3. Type the formula above into any cell.

Other ways to use Treasury Yields

Set up Treasury Yields on VerveSheets, or reach the same source a different way. Your VerveSheets account and credits work on all of them — one key, one balance.

Call it as a REST APIOne HTTPS endpoint and an X-API-Key header, with SDKs for Node, Python and .NET.APIVerveReference →
Give it to an AI agentConnect over MCP and your agent calls it as a native tool — Claude, Cursor, ChatGPT.VerveKitReference →
Ground an agent on itA cited, machine-checkable fact your model can't produce on its own.VerveContextReference →

Frequently asked questions

Does Treasury Yields work in both Google Sheets and Excel?

Yes — the same source, the same arguments, the same result. Google Sheets calls it =VERVE("treasuryyields", "field", "bonds") and Excel namespaces it as =VERVE.CALL("treasuryyields", "field", "bonds"). Filling a whole column is the one place the two differ: Sheets takes ranges directly, Excel fills down.

Do the cells recalculate on their own?

They recalculate when the sheet does — on edit, on open, or on a manual recalc. Each recalculation is a fresh call and spends credits, so for a large static column it's worth copying the results and pasting them as values.

How many credits does a filled column cost?

1 credit per row looked up, on both platforms and however you fill it. Repeated identical lookups in the same column are charged once. Batching changes how many HTTP calls are made, never the credit count.

Can I share the sheet without sharing my key?

Yes. The key is stored against your account, not in the file. Collaborators see the values already in the cells; formulas only recalculate for someone who has connected their own account.

Why is a cell showing #ERR instead of an error?

So you can read the reason. Excel can't display a custom message on a real spreadsheet error, so the add-in returns the explanation as text on both platforms instead.

What's Next?

Continue your journey with these recommended resources

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