10Y Breakeven stands at 2.23% as of July 15, 2026, down from 2.41% a year earlier. The reading sits in the 52nd percentile of its history back to 2003.
| Latest (July 15, 2026) | 2.23% |
| One year ago | 2.41% |
| 10-year range | 0.50% – 3.02% |
| Percentile vs. full history | 52nd |
| History | 2003–2026 (5887 observations) |
The 10-year breakeven inflation rate, the longer-horizon counterpart to the 5-year. Anchored breakevens near 2-2.5% suggest inflation credibility; sustained moves above 3% or below 1.5% signal regime concern in either direction.
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<a href="https://www.tacticalassetallocation.com/charts/10-year-breakeven-inflation/">10Y Breakeven — Cambria Chart Lab</a>
Data: download CSV (source: FRED (Federal Reserve Economic Data)).