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5Y5Y Forward Inflation

5-year, 5-year forward inflation expectation rate, the Fed's preferred anchoring metric.

ByConvex Research Desk·Edited byBen Bleier·

The 5Y5Y Forward Inflation is currently 2.28%, last updated .

2.28%
1W +0.44%1M +5.56%3M +6.05%
Updated 4h ago
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Statistical forecast 2026
Model-based central estimate, 68% and 95% confidence bands for 5Y5Y Forward Inflation, blended across current macro regimes.
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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 4h ago

AI Analysis

May 14, 2026

5Y5Y forward at 2.24% (+9bp 1M, ACCELERATING).

Recent Data

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DateValueChange
May 15, 20262.28%+0.44%
May 14, 20262.27%+1.34%
May 13, 20262.24%-0.44%
May 12, 20262.25%-0.88%
May 11, 20262.27%-0.44%
May 8, 20262.28%-0.44%
May 7, 20262.29%+1.33%
May 6, 20262.26%-0.44%
May 5, 20262.27%-0.44%
May 4, 20262.28%+0.44%
May 1, 20262.27%+0.89%
Apr 30, 20262.25%+0.00%
Apr 29, 20262.25%+0.00%
Apr 28, 20262.25%-0.44%
Apr 27, 20262.26%+1.35%
Apr 24, 20262.23%-1.33%
Apr 23, 20262.26%+5.12%
Apr 22, 20262.15%-0.46%
Apr 21, 20262.16%+1.41%
Apr 20, 20262.13%-1.39%
Apr 17, 20262.16%-0.92%
Apr 16, 20262.18%+0.46%
Apr 15, 20262.17%+0.93%
Apr 14, 20262.15%

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Frequently Asked Questions

What is 5Y5Y Forward Inflation?
5-year, 5-year forward inflation expectation rate, the Fed's preferred anchoring metric.
How does 5Y5Y Forward Inflation relate to yield curve & rates?
5Y5Y Forward 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 5Y5Y Forward Inflation updated?
5Y5Y Forward 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 5Y5Y Forward Inflation data?
Convex sources 5Y5Y Forward 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 5Y5Y Forward Inflation chart page?
The 5Y5Y Forward 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.