Federal Reserve Economic Data

10-Year Breakeven Inflation Rate (T10YIE)

2025-04-04: .
Updated: Apr 1, 2025 4:01 PM CDT
2025-04-04:  .  
2025-03-28:  2.37  
2025-03-21:  2.31  
2025-03-14:  2.31  
2025-03-07:  2.34  
View All

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Weekly,
Ending Friday,
Average
1Y5Y10YMax
to
Date:
Line 1
(a) 10-Year Breakeven Inflation Rate, Percent, Not Seasonally Adjusted (T10YIE)

Select a date that will equal 100 for your custom index:
  Enter date as YYYY-MM-DD
to

Write a custom formula to transform one or more series or combine two or more series.

You can begin by adding a series to combine with your existing series.

Type keywords to search for data

    Now create a custom formula to combine or transform the series.

    For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

    Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

    Finally, you can change the units of your new series.

    Select a date that will equal 100 for your custom index:
        Enter date as YYYY-MM-DD

    ADDLINE
    Type keywords to search for data
    Create user-defined line
    You can customize a graph by adding a straight line between two data points.
    FORMAT GRAPH
    Details
    Display
    Customize
    Frame
    Plot area
    Text

    Line 1
    10-Year Breakeven Inflation Rate
    Line details & color

    Line style, thickness, color and position



    Fullscreen

    Notes

    Source: Federal Reserve Bank of St. Louis  

    Release: Interest Rate Spreads

    Units:  Percent, Not Seasonally Adjusted

    Frequency:  Daily

    Notes:

    The breakeven inflation rate represents a measure of expected inflation derived from 10-Year Treasury Constant Maturity Securities (BC_10YEAR) and 10-Year Treasury Inflation-Indexed Constant Maturity Securities (TC_10YEAR). The latest value implies what market participants expect inflation to be in the next 10 years, on average.
    Starting with the update on June 21, 2019, the Treasury bond data used in calculating interest rate spreads is obtained directly from the U.S. Treasury Department.

    Suggested Citation:

    Federal Reserve Bank of St. Louis, 10-Year Breakeven Inflation Rate [T10YIE], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/T10YIE, April 2, 2025.

    Release Tables


    Subscribe to the FRED newsletter


    Follow us

    Back to Top
    Color format