20-Year 2-1/2% Treasury Inflation-Indexed Bond, Due 1/15/2029
DTP20J29 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.20
Year-over-Year Change
-5.75%
Date Range
10/12/2021 - 8/8/2025
Summary
The 20-Year 2-1/2% Treasury Inflation-Indexed Bond represents a long-term government security designed to protect investors against inflation. This financial instrument provides 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 adjust their principal value based on changes in the Consumer Price Index, ensuring investors maintain purchasing power. Economists and investors closely analyze these securities to understand market sentiment about long-term inflation expectations.
Methodology
The bond's value is calculated by adjusting the principal for inflation using the Consumer Price Index, with interest payments and principal value changing in proportion to inflation rates.
Historical Context
These bonds are critical for monetary policy analysis, helping the Federal Reserve and investors gauge market-implied inflation expectations and economic stability.
Key Facts
- Provides inflation protection for long-term investors
- Principal value adjusts with Consumer Price Index changes
- Offers insight into market inflation expectations
FAQs
Q: How do Treasury Inflation-Protected Securities work?
A: TIPS adjust their principal value based on inflation, ensuring investors maintain purchasing power. Interest payments are calculated on the adjusted principal.
Q: Why are these bonds important for investors?
A: They provide a hedge against inflation and offer a way to preserve investment value during periods of economic uncertainty.
Q: How is the bond's value determined?
A: The bond's value is calculated by adjusting the principal for changes in the Consumer Price Index, with interest payments reflecting this adjusted value.
Q: What makes this 20-year TIPS unique?
A: Its long-term duration provides a comprehensive view of market inflation expectations over an extended period.
Q: How often is this data updated?
A: The bond's value is typically updated monthly with the release of the Consumer Price Index data.
Related News
U.S. Treasury Yields Decline After Inflation Data Meet Expectations
US Treasury Yields Drop as Inflation Data Meets Expectations US Treasury yields have seen a noticeable decline recently, as the latest inflation da...
U.S. Treasury Yields Increase Amid Strong Economic Growth and Inflation Concerns
Treasury Yields Surge Amid Economic Growth and Inflation Concerns Treasury yields are surging as investors closely monitor the evolving U.S. econom...
Gen Z In the U.S. Shifts From Spending To Saving Habits
How Gen Z's Shift from Spending to Saving is Impacting the US Economy Recent trends indicate a significant shift in the spending habits of Gen Z, w...
US Treasury Yields Increase Before Key Economic Data Release
How Treasury Yields Signal Market Expectations Ahead of Crucial Economic Data Release Treasury yields, often referred to as a barometer for the U.S...
S&P 500 Rises With Optimistic U.S. Inflation Report
S&P 500 Soars: Positive U.S. Inflation Developments The S&P 500, a primary stock index that tracks the performance of 500 major U.S. companies, has...
U.S. Stock Market Futures Rise On Inflation and Tariff News
US Stock Market Futures Rise Amid Inflation Data and Tariff News US stock market futures are on the rise, driven by significant updates in inflatio...
Similar DTP20J Trends
10-Year 0.875% Treasury Inflation-Indexed Note, Due 1/15/2029
DTP10J29
20-Year 2-3/8% Treasury Inflation-Indexed Bond, Due 1/15/2027
DTP20J27
10-Year 0.375% Treasury Inflation-Indexed Note, Due 7/15/2027
DTP10L27
10-Year 0.75% Treasury Inflation-Indexed Note, Due 7/15/2028
DTP10L28
30-Year 2-1/8% Treasury Inflation-Indexed Bond, Due 2/15/2040
DTP30F40
10-Year 0.375 Treasury Inflation-Indexed Note, Due 1/15/2027
DTP10J27
Citation
U.S. Federal Reserve, 20-Year 2-1/2% Treasury Inflation-Indexed Bond, Due 1/15/2029 [DTP20J29], retrieved from FRED.
Last Checked: 8/1/2025