10-Year 0.375% Treasury Inflation-Indexed Note, Due 7/15/2027

DTP10L27 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.85

Year-over-Year Change

-1.39%

Date Range

10/7/2021 - 8/6/2025

Summary

The 10-Year Treasury Inflation-Indexed Note represents a government bond designed to protect investors against inflation by adjusting principal based on changes in the Consumer Price Index. This financial instrument provides critical insights into market expectations of future inflation and real interest rates.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

Treasury Inflation-Protected Securities (TIPS) are government bonds that provide a hedge against inflation by automatically increasing the principal value when inflation rises. Economists and investors closely monitor these securities to understand market sentiment about long-term economic conditions and inflation expectations.

Methodology

The note's value is calculated by adjusting the principal amount quarterly based on the Consumer Price Index (CPI), with interest paid on the adjusted principal.

Historical Context

These securities are used by policymakers, investors, and economists to gauge market expectations of future inflation and assess the real cost of borrowing.

Key Facts

  • Provides protection against inflation by adjusting principal value
  • Issued and backed by the U.S. Treasury
  • Offers a way to measure real interest rates and inflation expectations

FAQs

Q: How do Treasury Inflation-Protected Securities (TIPS) work?

A: TIPS adjust their principal value based on changes in the Consumer Price Index. When inflation rises, the principal increases, and when deflation occurs, the principal decreases.

Q: Why are TIPS important for investors?

A: TIPS provide a hedge against inflation, ensuring that the investment's real value remains stable even during periods of rising prices.

Q: How is the DTP10L27 series calculated?

A: The series tracks the performance of a specific 10-year Treasury Inflation-Protected Security, with its value adjusted quarterly based on CPI changes.

Q: What do TIPS reveal about economic expectations?

A: The pricing and yield of TIPS provide insights into market expectations about future inflation rates and economic conditions.

Q: How often is this data updated?

A: The data is typically updated regularly by the U.S. Treasury and Federal Reserve, with real-time pricing available through financial markets.

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Citation

U.S. Federal Reserve, 10-Year 0.375% Treasury Inflation-Indexed Note, Due 7/15/2027 [DTP10L27], retrieved from FRED.

Last Checked: 8/1/2025

10-Year 0.375% Treasury Inflation-Indexed Note, Due 7/15/2027 | US Economic Trends