Observations

2026-08-07: 2.22

Updated: Aug 7, 2026 4:03 PM CDT

Units:

Percent,

Not Seasonally Adjusted

Frequency:

Daily

Notes

Title	Release Dates

5-Year Breakeven Inflation Rate	2014-01-27	2026-08-07

Source

Federal Reserve Bank of St. Louis	2014-01-27	2026-08-07

Release

Interest Rate Spreads	2014-01-27	2026-08-07

Units

Percent	2014-01-27	2026-08-07

Frequency

Daily	2014-01-27	2026-08-07

Seasonal Adjustment

Not Seasonally Adjusted	2014-01-27	2026-08-07

Notes

The breakeven inflation rate represents a measure of expected inflation derived from 5-Year Treasury Constant Maturity Securities (https://fred.stlouisfed.org/series/DGS5 ) and 5-Year Treasury Inflation-Indexed Constant Maturity Securities (https://fred.stlouisfed.org/series/DFII5 ). The latest value implies what market participants expect inflation to be in the next 5 years, on average.	2014-01-27	2019-06-20
The breakeven inflation rate represents a measure of expected inflation derived from 5-Year Treasury Constant Maturity Securities (DGS5 (https://fred.stlouisfed.org/series/DGS5)) and 5-Year Treasury Inflation-Indexed Constant Maturity Securities (DFII5 (https://fred.stlouisfed.org/series/DFII5)). The latest value implies what market participants expect inflation to be in the next 5 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 (https://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield).	2019-06-21	2026-08-07

5-Year Breakeven Inflation Rate (T5YIE)