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5Y Breakeven Inflation

5-year breakeven inflation rate, market-implied inflation expectations.

The 5Y Breakeven Inflation is currently 2.59%, last updated .

2.59%
1W +1.17%1M +1.57%3M +1.57%
Updated 2m ago
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Interest rates set the price of money and ripple through every asset class. An inverted yield curve has preceded every U.S. recession since the 1960s, making this the single most-watched corner of fixed income. Monitoring rate differentials, real yields, and forward expectations helps traders anticipate risk-on or risk-off regime shifts.

Updated just now

AI Analysis

Apr 15, 2026

5Y breakeven 2.59% (+1bp 1M, STABLE).

Recent Data

DateValueChange
Apr 14, 20262.59%-0.77%
Apr 13, 20262.61%+1.16%
Apr 10, 20262.58%+0.78%
Apr 9, 20262.56%+0.00%
Apr 8, 20262.56%-1.92%
Apr 7, 20262.61%+0.38%
Apr 6, 20262.60%-0.38%
Apr 3, 20262.61%+1.56%
Apr 2, 20262.57%+0.78%
Apr 1, 20262.55%—

Related in Yield Curve & Rates

1Y Treasury Yield
Yield on 1-year US Treasury constant maturity securities.
2Y Treasury Yield
Yield on 2-year US Treasury, key Fed expectations proxy.
5Y Treasury Yield
Yield on 5-year US Treasury constant maturity securities.
10Y Treasury Yield
Yield on 10-year US Treasury, the global risk-free benchmark.

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Frequently Asked Questions

▶What is 5Y Breakeven Inflation?
5-year breakeven inflation rate, market-implied inflation expectations.
▶How does 5Y Breakeven Inflation relate to yield curve & rates?
5Y Breakeven Inflation is part of the Yield Curve & Rates category. Interest rates set the price of money and ripple through every asset class. An inverted yield curve has preceded every U.S. recession since the 1960s, making this the single most-watched corner of fixed income. Monitoring rate differentials, real yields, and forward expectations helps traders anticipate risk-on or risk-off regime shifts.
▶How often is 5Y Breakeven Inflation updated?
5Y Breakeven Inflation is updated once per day after market close. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
▶Where does Convex source 5Y Breakeven Inflation data?
Convex sources 5Y Breakeven Inflation data from the Federal Reserve Economic Data (FRED) API, maintained by the Federal Reserve Bank of St. Louis. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
▶What can I do on the 5Y Breakeven Inflation chart page?
The 5Y Breakeven Inflation page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.

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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated daily. This page is for informational purposes only and does not constitute financial advice.