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1 - Download 5 years of monthly data of the yields on 3mo maturity treasury bills from FRED (https://fred.stlouisfed.org/series/TB3MS) - These yields are annualized and
1 - Download 5 years of monthly data of the yields on 3mo maturity treasury bills from FRED (https://fred.stlouisfed.org/series/TB3MS) - These yields are annualized and expressed as a percentage. We want monthly returns expressed as a decimal. - Convert the annualized yields to monthly risk-free rates as follows: Annualized monthly yield 2.1
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