Interest Rates · Real yields and inflation expectations
| Year | Average | Year close |
|---|---|---|
| 2003 | 2.21% | 2.51% |
| 2004 | 2.50% | 2.48% |
| 2005 | 2.40% | 2.36% |
| 2006 | 2.50% | 2.34% |
| 2007 | 2.41% | 2.35% |
| 2008 | 2.29% | 0.48% |
| 2009 | 2.07% | 2.61% |
| 2010 | 2.46% | 2.77% |
| 2011 | 2.54% | 2.33% |
| 2012 | 2.60% | 2.81% |
| 2013 | 2.62% | 2.79% |
| 2014 | 2.47% | 2.09% |
Source: FRED T5YIFR (5-Year, 5-Year Forward Inflation Expectation Rate). Federal Reserve Bank of St. Louis.
Gray bands mark U.S. recessions as dated by the NBER (FRED USREC).
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