Real 10Y Yield (CPI Proxy)

10-year Treasury yield minus trailing 12-month CPI inflation

1.07 pp54th percentile
1W: ↓ 0.15 pp1M: ↑ 0.08 pp

As of 2026-10-16 · Updated October 20, 2026

What it means

  • The 10-year Treasury yield after subtracting the inflation rate over the past 12 months.
  • A backward-looking version of the real 10-year yield. It's noisier than the market-based version but doesn't rely on TIPS pricing.
  • Uses headline CPI year-over-year inflation as the inflation measure.
Data Sources