US 10-year breakeven inflation
Average inflation the bond market is pricing over the next ten years.
- Latest
- 2.35%
- Previous
- 2.35%
- Change
- 0.00 pp
- Frequency
- Daily
US 10-year breakeven inflation
Average inflation the bond market is pricing over the next ten years.
- 10-year breakeven
- 2.35%
Data table
| Period | 10-year breakeven |
|---|---|
| 20 Oct 2026 | 2.35% |
| 19 Oct 2026 | 2.35% |
| 16 Oct 2026 | 2.35% |
| 15 Oct 2026 | 2.32% |
| 14 Oct 2026 | 2.35% |
| 13 Oct 2026 | 2.33% |
| 9 Oct 2026 | 2.33% |
| 8 Oct 2026 | 2.35% |
| 7 Oct 2026 | 2.36% |
| 6 Oct 2026 | 2.36% |
| 5 Oct 2026 | 2.36% |
| 2 Oct 2026 | 2.36% |
About this indicator
- What it measures
- The difference between the 10-year nominal Treasury yield and the 10-year TIPS yield.
- How it is calculated
- Calculated by the Federal Reserve Bank of St. Louis: 10-year Treasury constant-maturity yield − 10-year TIPS constant-maturity yield.
- How to read it
- Readings close to 2-2.5% are consistent with investors believing the Fed will keep inflation near its target over the long run.
- Caveats
- Market pricing, not a forecast: it includes risk and liquidity premiums.
- Frequency
- Daily
- Typical release
- Each business day.
Sources
- 10-Year Breakeven Inflation Rate View at the source (opens in a new tab)
Recent observations
Newest first. For a calculated figure, the source value it comes from is shown beside it.
| Period | 10-year breakeven | First recorded here |
|---|---|---|
| 20 Oct 2026 | 2.35% | 20 Oct 2026 |
| 19 Oct 2026 | 2.35% | 20 Oct 2026 |
| 16 Oct 2026 | 2.35% | 20 Oct 2026 |
| 15 Oct 2026 | 2.32% | 20 Oct 2026 |
| 14 Oct 2026 | 2.35% | 20 Oct 2026 |
| 13 Oct 2026 | 2.33% | 20 Oct 2026 |
| 9 Oct 2026 | 2.33% | 20 Oct 2026 |
| 8 Oct 2026 | 2.35% | 20 Oct 2026 |
| 7 Oct 2026 | 2.36% | 20 Oct 2026 |
| 6 Oct 2026 | 2.36% | 20 Oct 2026 |
| 5 Oct 2026 | 2.36% | 20 Oct 2026 |
| 2 Oct 2026 | 2.36% | 20 Oct 2026 |
| 1 Oct 2026 | 2.36% | 20 Oct 2026 |
| 30 Sep 2026 | 2.36% | 20 Oct 2026 |
| 29 Sep 2026 | 2.35% | 20 Oct 2026 |
| 28 Sep 2026 | 2.34% | 20 Oct 2026 |
| 25 Sep 2026 | 2.34% | 20 Oct 2026 |
| 24 Sep 2026 | 2.33% | 20 Oct 2026 |
| 23 Sep 2026 | 2.35% | 20 Oct 2026 |
| 22 Sep 2026 | 2.33% | 20 Oct 2026 |
| 21 Sep 2026 | 2.34% | 20 Oct 2026 |
| 18 Sep 2026 | 2.33% | 20 Oct 2026 |
| 17 Sep 2026 | 2.33% | 20 Oct 2026 |
| 16 Sep 2026 | 2.33% | 20 Oct 2026 |
Revisions
We record a revision when a value we already hold changes at the source. Tracking began on 20 Oct 2026, so revisions made before then are not shown, and figures are in the source's own units.
No revisions detected
Related indicators
United States · Inflation and purchasing power