20-year Breakeven Inflation Rate (T20YIEM)

Source: Federal Reserve Bank of St. Louis  

Release: Interest Rate Spreads

Units:  Percent, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

The breakeven inflation rate represents a measure of expected inflation derived from 20-Year Treasury Constant Maturity Securities (BC_20YEARM) and 20-Year Treasury Inflation-Indexed Constant Maturity Securities (TC_20YEARM). The latest value implies what market participants expect inflation to be in the next 20 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.