Federal Reserve Economic Data

Table Data - 5-Year Breakeven Inflation Rate

Title 5-Year Breakeven Inflation Rate
Series ID T5YIEM
Source Federal Reserve Bank of St. Louis
Release Interest Rate Spreads (Not a Press Release)
Seasonal Adjustment Not Seasonally Adjusted
Frequency Monthly
Units Percent
Date Range 2003-01-01 to 2024-10-01
Last Updated 2024-11-01 4:01 PM CDT
Notes The breakeven inflation rate represents a measure of expected inflation derived from 5-Year Treasury Constant Maturity Securities (BC_5YEAR) and 5-Year Treasury Inflation-Indexed Constant Maturity Securities (TC_5YEAR). 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.
DATE VALUE
2003-01-01 1.40
2003-02-01 1.66
2003-03-01 1.69
2003-04-01 1.57
2003-05-01 1.34
2003-06-01 1.36
2003-07-01 1.57
2003-08-01 1.89
2003-09-01 1.89
2003-10-01 1.98
2003-11-01 2.02
2003-12-01 2.04
2004-01-01 2.03
2004-02-01 2.21
2004-03-01 2.27
2004-04-01 2.37
2004-05-01 2.51
2004-06-01 2.52
2004-07-01 2.40
2004-08-01 2.35
2004-09-01 2.26
2004-10-01 2.38
2004-11-01 2.63
2004-12-01 2.68
2005-01-01 2.58
2005-02-01 2.69
2005-03-01 2.88
2005-04-01 2.77
2005-05-01 2.57
2005-06-01 2.38
2005-07-01 2.31
2005-08-01 2.41
2005-09-01 2.61
2005-10-01 2.63
2005-11-01 2.48
2005-12-01 2.30
2006-01-01 2.42
2006-02-01 2.59
2006-03-01 2.63
2006-04-01 2.64
2006-05-01 2.70
2006-06-01 2.62
2006-07-01 2.58
2006-08-01 2.55
2006-09-01 2.29
2006-10-01 2.18
2006-11-01 2.17
2006-12-01 2.25
2007-01-01 2.28
2007-02-01 2.37
2007-03-01 2.44
2007-04-01 2.47
2007-05-01 2.38
2007-06-01 2.38
2007-07-01 2.28
2007-08-01 2.04
2007-09-01 2.06
2007-10-01 2.19
2007-11-01 2.32
2007-12-01 2.22
2008-01-01 2.12
2008-02-01 2.13
2008-03-01 2.25
2008-04-01 2.22
2008-05-01 2.36
2008-06-01 2.52
2008-07-01 2.46
2008-08-01 1.99
2008-09-01 1.33
2008-10-01 -0.02
2008-11-01 -1.40
2008-12-01 -0.24
2009-01-01 0.01
2009-02-01 0.58
2009-03-01 0.59
2009-04-01 0.75
2009-05-01 1.06
2009-06-01 1.53
2009-07-01 1.28
2009-08-01 1.28
2009-09-01 1.34
2009-10-01 1.50
2009-11-01 1.75
2009-12-01 1.91
2010-01-01 2.06
2010-02-01 1.94
2010-03-01 1.87
2010-04-01 1.96
2010-05-01 1.77
2010-06-01 1.66
2010-07-01 1.42
2010-08-01 1.34
2010-09-01 1.28
2010-10-01 1.50
2010-11-01 1.56
2010-12-01 1.72
2011-01-01 1.93
2011-02-01 2.01
2011-03-01 2.20
2011-04-01 2.31
2011-05-01 2.18
2011-06-01 1.96
2011-07-01 2.03
2011-08-01 1.77
2011-09-01 1.62
2011-10-01 1.69
2011-11-01 1.76
2011-12-01 1.67
2012-01-01 1.76
2012-02-01 1.94
2012-03-01 2.05
2012-04-01 1.95
2012-05-01 1.88
2012-06-01 1.76
2012-07-01 1.77
2012-08-01 1.90
2012-09-01 2.14
2012-10-01 2.18
2012-11-01 2.05
2012-12-01 2.10
2013-01-01 2.20
2013-02-01 2.24
2013-03-01 2.25
2013-04-01 2.09
2013-05-01 1.98
2013-06-01 1.79
2013-07-01 1.85
2013-08-01 1.85
2013-09-01 1.77
2013-10-01 1.78
2013-11-01 1.75
2013-12-01 1.67
2014-01-01 1.74
2014-02-01 1.78
2014-03-01 1.78
2014-04-01 1.81
2014-05-01 1.93
2014-06-01 1.97
2014-07-01 1.97
2014-08-01 1.84
2014-09-01 1.67
2014-10-01 1.49
2014-11-01 1.48
2014-12-01 1.27
2015-01-01 1.20
2015-02-01 1.36
2015-03-01 1.48
2015-04-01 1.61
2015-05-01 1.64
2015-06-01 1.63
2015-07-01 1.49
2015-08-01 1.23
2015-09-01 1.16
2015-10-01 1.18
2015-11-01 1.27
2015-12-01 1.24
2016-01-01 1.19
2016-02-01 1.08
2016-03-01 1.41
2016-04-01 1.48
2016-05-01 1.52
2016-06-01 1.44
2016-07-01 1.39
2016-08-01 1.30
2016-09-01 1.35
2016-10-01 1.53
2016-11-01 1.67
2016-12-01 1.81
2017-01-01 1.89
2017-02-01 1.89
2017-03-01 1.83
2017-04-01 1.74
2017-05-01 1.75
2017-06-01 1.63
2017-07-01 1.64
2017-08-01 1.62
2017-09-01 1.68
2017-10-01 1.73
2017-11-01 1.75
2017-12-01 1.76
2018-01-01 1.93
2018-02-01 1.97
2018-03-01 2.02
2018-04-01 2.05
2018-05-01 2.10
2018-06-01 2.07
2018-07-01 2.04
2018-08-01 1.98
2018-09-01 2.00
2018-10-01 1.99
2018-11-01 1.85
2018-12-01 1.60
2019-01-01 1.63
2019-02-01 1.76
2019-03-01 1.82
2019-04-01 1.84
2019-05-01 1.71
2019-06-01 1.55
2019-07-01 1.58
2019-08-01 1.38
2019-09-01 1.39
2019-10-01 1.40
2019-11-01 1.55
2019-12-01 1.62
2020-01-01 1.65
2020-02-01 1.58
2020-03-01 0.67
2020-04-01 0.76
2020-05-01 0.77
2020-06-01 1.01
2020-07-01 1.31
2020-08-01 1.55
2020-09-01 1.53
2020-10-01 1.56
2020-11-01 1.63
2020-12-01 1.87
2021-01-01 2.10
2021-02-01 2.31
2021-03-01 2.50
2021-04-01 2.53
2021-05-01 2.65
2021-06-01 2.46
2021-07-01 2.50
2021-08-01 2.49
2021-09-01 2.50
2021-10-01 2.75
2021-11-01 2.98
2021-12-01 2.75
2022-01-01 2.80
2022-02-01 2.87
2022-03-01 3.41
2022-04-01 3.32
2022-05-01 3.03
2022-06-01 2.89
2022-07-01 2.58
2022-08-01 2.68
2022-09-01 2.45
2022-10-01 2.47
2022-11-01 2.44
2022-12-01 2.32
2023-01-01 2.23
2023-02-01 2.45
2023-03-01 2.38
2023-04-01 2.31
2023-05-01 2.16
2023-06-01 2.14
2023-07-01 2.21
2023-08-01 2.24
2023-09-01 2.25
2023-10-01 2.31
2023-11-01 2.25
2023-12-01 2.13
2024-01-01 2.22
2024-02-01 2.32
2024-03-01 2.38
2024-04-01 2.45
2024-05-01 2.33
2024-06-01 2.21
2024-07-01 2.18
2024-08-01 1.97
2024-09-01 1.97
2024-10-01 2.23

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