Data • Interest Rates
Daily Treasury Par Real Yield Curve Rates
“Real yield” measures yield after accounting for inflation. A real yield curve shows how inflation-adjusted yields vary across maturities and is used to compare real borrowing costs and real return expectations.
Key Ideas
- Real vs nominal: nominal yields include inflation; real yields remove inflation effects.
- Term structure: shows how real rates vary by maturity.
- Interpretation: changes can reflect inflation expectations or real growth expectations.
Common Uses
- Inflation analysis: compare nominal and real curves to infer inflation expectations.
- Discounting: evaluate real discount rates for long-term projects.
- Risk management: assess sensitivity to inflation and real-rate changes.