{"listing_id":"fcbc61ad-0558-4108-8bcd-f664b93a4ef2","listing_type":"series","title":"10-Year Breakeven Inflation Rate","description":"Market-implied inflation expectation over the next 10 years, derived from the spread between nominal Treasury and TIPS yields. Primary input for real rate calculations, inflation regime detection, and Fed policy models. Rises when markets expect higher future inflation. Daily frequency, 20+ year history with full derived metrics.","use_cases":["inflation","rates","monetary-policy"],"tags":["t10yie","inflation","d"],"schema_type":"TimeSeries","price_per_call_usd":0.005,"update_frequency":"Daily","next_expected_update":null,"available_metrics":["mom_change","mom_pct","yoy_change","yoy_pct","rolling_3m_avg","rolling_6m_avg","rolling_12m_avg","rolling_12m_stddev","zscore_12m","zscore_5y","pct_rank_5y","trend_direction","above_trend"],"category":{"slug":"inflation","name":"Inflation"},"sample":{"json":{"data":[{"date":"2026-08-17","value":2.28,"mom_pct":0.440529,"yoy_pct":0.440529,"zscore_5y":0.019192,"mom_change":0.01,"yoy_change":0.01,"zscore_12m":0.938083,"above_trend":true,"pct_rank_5y":0.6167,"rolling_3m_avg":2.263333,"rolling_6m_avg":2.268333,"rolling_12m_avg":2.26,"trend_direction":1,"rolling_12m_stddev":0.02132},{"date":"2026-08-18","value":2.3,"mom_pct":0.877193,"yoy_pct":0.877193,"zscore_5y":0.383626,"mom_change":0.02,"yoy_change":0.02,"zscore_12m":1.619003,"above_trend":true,"pct_rank_5y":0.7333,"rolling_3m_avg":2.283333,"rolling_6m_avg":2.27,"rolling_12m_avg":2.261667,"trend_direction":1,"rolling_12m_stddev":0.023677},{"date":"2026-08-19","value":2.3,"mom_pct":0.0,"yoy_pct":1.321586,"zscore_5y":0.427366,"mom_change":0.0,"yoy_change":0.03,"zscore_12m":1.373075,"above_trend":true,"pct_rank_5y":0.7333,"rolling_3m_avg":2.293333,"rolling_6m_avg":2.275,"rolling_12m_avg":2.264167,"trend_direction":0,"rolling_12m_stddev":0.026097},{"date":"2026-08-20","value":2.34,"mom_pct":1.73913,"yoy_pct":4.932735,"zscore_5y":1.183187,"mom_change":0.04,"yoy_change":0.11,"zscore_12m":2.101826,"above_trend":true,"pct_rank_5y":0.8167,"rolling_3m_avg":2.313333,"rolling_6m_avg":2.288333,"rolling_12m_avg":2.273333,"trend_direction":1,"rolling_12m_stddev":0.031718},{"date":"2026-08-21","value":2.34,"mom_pct":0.0,"yoy_pct":5.405405,"zscore_5y":1.229697,"mom_change":0.0,"yoy_change":0.12,"zscore_12m":1.755114,"above_trend":true,"pct_rank_5y":0.8167,"rolling_3m_avg":2.326667,"rolling_6m_avg":2.305,"rolling_12m_avg":2.283333,"trend_direction":0,"rolling_12m_stddev":0.032287}],"meta":{"sa":"NSA","title":"10-Year Breakeven Inflation Rate","units":"Percent","fields":"value","date_to":"(sample)","date_from":"(sample)","frequency":"D","listing_id":"fcbc61ad-0558-4108-8bcd-f664b93a4ef2","source_key":"T10YIE","units_short":"%"},"@type":"TimeSeries","count":5,"@context":"https://stationfx.com/schema/v1/time-series"},"toon":"~META\nlisting_id=fcbc61ad-0558-4108-8bcd-f664b93a4ef2|source_key=T10YIE|title=10-Year Breakeven Inflation Rate|units=Percent|units_short=%|frequency=D|sa=NSA|date_from=(sample)|date_to=(sample)|fields=value\ncount=5\n~DATA\ndate|value|mom_change|mom_pct|yoy_change|yoy_pct|rolling_3m_avg|rolling_6m_avg|rolling_12m_avg|rolling_12m_stddev|zscore_12m|zscore_5y|pct_rank_5y|trend_direction|above_trend\n2026-08-17|2.28|0.01|0.440529|0.01|0.440529|2.263333|2.268333|2.26|0.02132|0.938083|0.019192|0.6167|1|1;2026-08-18|2.3|0.02|0.877193|0.02|0.877193|2.283333|2.27|2.261667|0.023677|1.619003|0.383626|0.7333|1|1;2026-08-19|2.3|0.0|0.0|0.03|1.321586|2.293333|2.275|2.264167|0.026097|1.373075|0.427366|0.7333|0|1;2026-08-20|2.34|0.04|1.73913|0.11|4.932735|2.313333|2.288333|2.273333|0.031718|2.101826|1.183187|0.8167|1|1;2026-08-21|2.34|0.0|0.0|0.12|5.405405|2.326667|2.305|2.283333|0.032287|1.755114|1.229697|0.8167|0|1"},"query_endpoint":"https://stationfx.com/query/fcbc61ad-0558-4108-8bcd-f664b93a4ef2","source_key":"T10YIE","units":"Percent","frequency_short":"D","seasonal_adj_short":"NSA","data_range":{"start":"2003-01-02","end":"2026-08-31"},"units_short":"%","frequency":"Daily","seasonal_adjustment":"Not Seasonally Adjusted","notes":"The breakeven inflation rate represents a measure of expected inflation derived from 10-Year Treasury Constant Maturity Securities (DGS10 (https://fred.stlouisfed.org/series/DGS10)) and 10-Year Treasury Inflation-Indexed Constant Maturity Securities (DFII10 (https://fred.stlouisfed.org/series/DFII10)). The latest value implies what market participants expect inflation to be in the next 10 years, on average.\r\nStarting 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 (https://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield).","schema_context_uri":"https://stationfx.com/schema/v1/time-series","signal_type":null,"formats":["json","toon"]}