Inflation-Linked Bond Yield by Country

Latest released Inflation-Linked Bond Yield value for every supported currency, with the previous reading, the change between releases, reference date, frequency, unit, and source.

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Government Bond Yields
Inflation-Linked Bond Yield across supported currencies
Updated 04 May 2026 06:04 UTC.
5 with data 6 supported currencies
Each row links to the per-currency reference page and the underlying API endpoint at /api/v1/announcements/{currency}/inflation_linked_bond. Non-USD endpoints require an API key query parameter.
Country / Currency Latest Previous Change Reference Frequency Unit Source
Eurozone
EUR · Euro
3.56
01 Apr 2026
3.51
01 Mar 2026
▲ +0.05 01 Apr 2026 Daily % ECB/Eurostat
Australia
AUD · Australian Dollar
2.5
29 Apr 2026
2.5
28 Apr 2026
● 0 29 Apr 2026 Daily Percent RBA
United States
USD · US Dollar
1.94
30 Apr 2026
1.96
29 Apr 2026
▼ -0.02 30 Apr 2026 Daily Percent FRED (Treasury)
Canada
CAD · Canadian Dollar
1.86
30 Apr 2026
1.89
29 Apr 2026
▼ -0.03 30 Apr 2026 Daily Percent Bank of Canada
United Kingdom
GBP · British Pound
1.54
29 Apr 2026
1.55
28 Apr 2026
▼ -0.01 29 Apr 2026 Daily Percent BOE
New Zealand
NZD · New Zealand Dollar
Daily Percent RBNZ

What is Inflation-Linked Bond Yield?

Inflation-linked bond yields (TIPS in the US, ILGs in the UK, OATi in France, JGBi in Japan) are the real (inflation-adjusted) yields offered on government bonds whose principal and coupons are indexed to inflation. They directly reveal the real yield the market is willing to accept on government debt.

Why it matters for FX

Real yields are arguably the cleanest single driver of major-pair FX over a multi-month horizon. Rising US 10-year real yields, in particular, pull capital toward USD and weigh on gold; falling US real yields do the opposite. Real-yield differentials between countries are a better FX signal than nominal-yield differentials when inflation expectations diverge.

How to read this page

Track the level and direction of the 10-year real yield in each currency. Compare across currencies in pairs. Cross-reference the move with breakeven_inflation_rate to decompose nominal-yield moves into real-yield and inflation-expectations components.

What to watch for

  • 10-year real yield levels at historical extremes
  • Real-yield differentials vs partner currency
  • Nominal-yield moves driven by real vs breakeven shifts
  • Liquidity in TIPS market around large auctions
  • Real-yield pass-through to gold and EM currencies