Guide to the Markets
Guide to the Markets
Equities Top 5 Gainers & LosersMarket CalendarAdvance-Decline LineIndex Performance ComparisonUS Large Caps Sector PerformanceVolume TrendsRates & Credit SpreadsCBOE Put/Call RatioCBOE Volatility Index (VIX)
US Large Caps at Inflection PointsEPS Growth DecompositionTop 10: Weight & ValuationMagnificent 7Annual Returns and Intra-Year DeclinesReturns and Valuations by StyleFactorsImpact of Missing the Best and Worst DaysEquity Correlations
10-Year Treasury YieldTreasury Yield Curve Slope (2s10s)Treasury Yield CurveTreasury Yield Curve — This Year vs Last YearTreasury Yield Changes (Period over Period)Credit Spreads (High Yield & Investment Grade)Inflation BreakevensReal vs. Nominal YieldPolicy Rate (Fed Funds & SOFR)
Currency RatesFX Dashboard
Notable Insider PurchasesHistorical Data CoverageIdentifier Spot ChecksData Gap Analysis
MarketsScreenerFinancialsResearchChat
Markets / Rates

Real vs. Nominal Yield

The 10-year nominal Treasury yield decomposed into its real (10-year TIPS) yield and the implied inflation breakeven. Real yields are the true cost of capital and the dominant driver of valuations for long-duration assets (tech, gold, growth). A rising nominal yield driven by real rates is a very different signal than one driven by inflation expectations.

Loading…
Real vs. Nominal Yield — as of 2026-11-06
DateRealNominalBreakeven
2026-11-062.634.862.23
2026-11-052.64.842.24
2026-11-042.644.92.26
2026-11-032.654.952.3
2026-11-022.624.912.29
2026-10-302.64.942.34
2026-10-292.634.982.35
2026-10-282.675.052.38
2026-10-272.644.992.35
2026-10-262.6652.34
2026-10-232.6652.34
2026-10-222.644.962.32
2026-10-212.765.132.37
2026-10-202.775.122.35
2026-10-192.85.152.35
2026-10-162.745.092.35
2026-10-152.785.12.32
2026-10-142.845.192.35
2026-10-132.885.212.33
2026-10-092.915.242.33

Source: Akyla · akyla.ai

Akyla / MarketsSource: FRED / U.S. Treasury