10-Year Breakeven Inflation Rate by Country
Track bond-market inflation compensation across supported countries. Check each series' maturity and source before comparing its latest reading.
Release alerts
Get 10-Year Breakeven Inflation Rate release alerts
Choose a currency and enter your account email. We will notify you when that official-source 10-Year Breakeven Inflation Rate release is published.
As of : 1 currency with data.
Match the forecast horizon or bond maturity before comparing levels. A shared percent unit does not guarantee comparable measures. Open a country for its series definition and official source.
| Country / Currency | Latest | Previous | Change | Last change | Reference | Frequency | Unit | Source |
|---|---|---|---|---|---|---|---|---|
|
USD · US Dollar
|
2.34
|
2.34
|
● 0 | — | Daily | % | US Treasury |
What is 10-Year Breakeven Inflation Rate?
Breakeven inflation is the difference between a nominal government bond yield and an inflation-linked yield at a comparable maturity. For example, a 4.0% nominal yield minus a 1.5% real yield gives a 2.5% breakeven. This is an illustrative calculation, not a current market quote.
Why it matters for FX
Breakevens help explain how bond markets price inflation compensation. They include expected inflation, inflation risk premia and differences in liquidity between nominal and inflation-linked bonds. A rise does not by itself prove that inflation expectations have become unanchored.
How to read this page
Check the maturity, observation date and underlying inflation index before comparing countries. A ten-year breakeven measures a different horizon from a five-year rate or a five-year forward starting in five years. Use matching nominal and real yields; compare survey expectations alongside them rather than treating the measures as interchangeable.
What to watch for
- Matching maturities and observation dates
- Inflation risk and liquidity premia
- The price index used for inflation-linked cash flows
- Spot breakevens versus forward inflation rates
- Differences between market pricing and survey expectations
Definitions and methodology
Common questions
How is breakeven inflation calculated?
Subtract an inflation-linked real yield from a nominal government bond yield of comparable maturity. Both yields must use compatible conventions and observation dates.
Is breakeven inflation a forecast?
It is a market measure of inflation compensation, not a pure forecast. Expected inflation, risk premia and relative bond liquidity all contribute to the spread.
What is the difference between ten-year and five-year forward inflation?
A ten-year breakeven covers the coming ten years. A five-year forward rate starting in five years covers years six through ten. Compare like horizons and check the source methodology.
AI Answer-Ready
Key Facts
- Page
- Breakeven Inflation Rate
- Section
- Indicators
- Canonical URL
- https://fxmacrodata.com/indicators/breakeven-inflation-rate
- Source
- FXMacroData editorial and official publisher references
- Last Updated
- See page metadata
Provenance And Trust
Cite the canonical URL and source field above. Where available, this page maps to official publisher releases and timestamped updates.
Quick Q&A
What is this page about? This page explains Breakeven Inflation Rate with directly usable context for trading, research, and API workflows.
What source should be cited? Use the canonical URL and the listed source field; cite official publisher references when available.
How fresh is this content? The last updated value above reflects the page metadata or latest available data timestamp.
Can this be used in AI assistants? Yes. This section is intentionally structured for retrieval and citation in chat assistants.
Prompt Packs
Use these in ChatGPT, Claude, Gemini, Mistral, Perplexity, or Grok for consistent source-aware outputs.