US 5-Year TIPS Real Yield
US 5-Year TIPS Real Yield stood at 2.58% on Oct 15, 2026, according to FRED (Federal Reserve Bank of St. Louis). It is one of the indicators in the TIPS real yields and Treasury bills table (Value · Daily), with a complete series running from Jan 2, 2003 to Oct 15, 2026. The complete series with an interactive chart, free to download.
This indicator in the TIPS real yields and Treasury bills table
| Indicator | 15-10-2026 | 14-10-2026 | 13-10-2026 | 09-10-2026 | 08-10-2026 | 07-10-2026 | 06-10-2026 | 05-10-2026 | 02-10-2026 | 01-10-2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Treasury Inflation-Protected Securities (TIPS) Real Yield | |||||||||||
| 5-year real yield | 2.58 | 2.64 | 2.67 | 2.68 | 2.62 | 2.66 | 2.66 | 2.7 | 2.69 | 2.65 | |
| 7-year real yield | 2.67 | 2.73 | 2.77 | 2.79 | 2.74 | 2.78 | 2.77 | 2.82 | 2.8 | 2.76 |
Understanding US 5-Year TIPS Real Yield
The real return of inflation-protected securities with a remaining maturity of exactly five years in the secondary market. The index is calculated by subtracting average inflation expectations from the nominal yield of the same-maturity bond, reflecting the short-to-medium-term real interest rate demanded by the market. Unlike ten-year or thirty-year tenors, this metric is far more sensitive to short-term monetary policy decisions and immediate inflation fluctuations.
Data is updated regularly on every business day, excluding weekends and holidays. When tracking this indicator, investors should evaluate the real yield in relation to the nominal yield to derive the breakeven inflation rate expected by the market. A drop of this figure into negative territory indicates that capital flows are willing to incur a cost to preserve real principal. Comparing daily or weekly movements helps capture the immediate response of global capital flows rather than merely contrasting with the same period of the previous year.
Frequently asked questions
- What does a negative real yield signify?
- It reflects inflation expectations outpacing nominal yields, prompting investors to accept negative real returns to keep capital safe.
- Why is the 5-year maturity sensitive to monetary policy?
- This timeframe is directly exposed to short- and medium-term monetary tightening or easing cycles.
- How do fluctuations in this index affect gold prices?
- Rising real yields typically put downward pressure on non-yielding assets such as gold, and vice versa.