Federal Reserve Economic Data

5-Year Breakeven Inflation Rate (T5YIE)

2025-04-03: 2.50
Updated: Apr 3, 2025 4:01 PM CDT
2025-04-03:  2.50  
2025-04-02:  2.51  
2025-04-01:  2.54  
2025-03-31:  2.61  
2025-03-28:  2.58  
View All

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Daily
1Y5Y10YMax
to
Date:
Line 1
(a) 5-Year Breakeven Inflation Rate, Percent, Not Seasonally Adjusted (T5YIE)

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
    5-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 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.

    Suggested Citation:

    Federal Reserve Bank of St. Louis, 5-Year Breakeven Inflation Rate [T5YIE], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/T5YIE, April 4, 2025.

    Release Tables


    Subscribe to the FRED newsletter


    Follow us

    Back to Top
    Color format