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Real yield

The yield of an inflation-protected Treasury bond: what money pays over ten years once inflation is taken out.

As published, 25 Sep 2026 2.83%

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How it is computed here

The Treasury's daily real yield curve (TIPS), 10-year point; a holding's figure against it is its average move per +0.10 points of that yield, measured on two years of daily prices like the rate sensitivity.

Worked example

  1. The 10-year inflation-protected Treasury paid 2.83% above inflation on 25 Sep 2026, 1.03 points more than a year before.

The market's own figures, as the U.S. Treasury and the Federal Reserve Board publish them, read once a day — the same for every reader. They describe that date; nothing here says what comes next. All of them on one page ›

Where it misleads

Gold and real yields have often moved in opposite directions, because holding gold costs what a real bond would have paid; but the relationship has broken for long stretches, so read the R² and the window, never the sign alone.

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