Maturity horizon (years) | Average difference (basis points) |
---|---|
0.5 |
-79.94 |
1.0 |
-69.22 |
1.5 |
-58.03 |
2.0 |
-46.95 |
2.5 |
-38.18 |
3.0 |
-30.55 |
3.5 |
-24.27 |
4.0 |
-22.37 |
4.5 |
-17.58 |
5.0 |
-10.24 |
5.5 |
-5.12 |
6.0 |
0.70 |
6.5 |
6.00 |
7.0 |
9.08 |
7.5 |
16.13 |
8.0 |
21.19 |
8.5 |
27.44 |
9.0 |
37.56 |
9.5 |
48.92 |
10.0 |
46.93 |
10.5 |
47.99 |
11.0 |
50.37 |
11.5 |
54.26 |
12.0 |
53.32 |
12.5 |
53.13 |
13.0 |
51.19 |
13.5 |
45.10 |
14.0 |
27.53 |
14.5 |
9.01 |
15.0 |
18.82 |
Note: TBI = Treasury Breakeven Inflation; CPI-U = Consumer Price Index for All Urban Consumers. Source: U.S. Bureau of Labor Statistics and U.S. Department of the Treasury. |