Breakeven inflation
A market-implied inflation measure inferred from the gap between nominal Treasury yields and inflation-protected yields.
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Glossary
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Prices and inflation
A market-implied inflation measure inferred from the gap between nominal Treasury yields and inflation-protected yields.
What households, firms, and markets think future inflation will be, which can influence current pricing and wage setting.
Policy and finance
The extra yield investors require for holding longer-term bonds over expected short rates.