⚖️🇺🇸U.S. 1-Yr Breakeven Rate Now Below 2.5%
- Rosbel Durán
- Aug 30, 2022
- 1 min read
Expectations of one-year U.S. inflation now tick below 2.5%, this is off from +6.0% readings seen back in March. The 2-year BE rate now reads close to the lowest level this year, circa 2.7%
Break even rates have been trending down since the Fed started its tightening campaign earlier this year. July's inflation figures showed signs of easing, however, the Fed has signaled we're far from over and markets have continued to scale up rate hike bets
The 1-yr, 2-yr, and 5-yr BE rate tenors still see inflation above the Fed's target
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