| Maturity horizon (years) | Standard deviation (percentage points) |
|---|---|
|
0.5 |
2.95 |
|
1.0 |
1.82 |
|
1.5 |
1.58 |
|
2.0 |
1.33 |
|
2.5 |
1.36 |
|
3.0 |
1.19 |
|
3.5 |
1.17 |
|
4.0 |
1.07 |
|
4.5 |
1.06 |
|
5.0 |
0.92 |
|
5.5 |
0.84 |
|
6.0 |
0.68 |
|
6.5 |
0.68 |
|
7.0 |
0.59 |
|
7.5 |
0.62 |
|
8.0 |
0.61 |
|
8.5 |
0.62 |
|
9.0 |
0.58 |
|
9.5 |
0.50 |
|
10.0 |
0.43 |
|
10.5 |
0.43 |
|
11.0 |
0.42 |
|
11.5 |
0.40 |
|
12.0 |
0.36 |
|
12.5 |
0.36 |
|
13.0 |
0.36 |
|
13.5 |
0.37 |
|
14.0 |
0.27 |
|
14.5 |
0.13 |
|
15.0 |
— |
|
Note: TBI = Treasury Breakeven Inflation; CPI-U = Consumer Price Index for All Urban Consumers. Source: U.S. Bureau of Labor Statistics and U.S. Department of the Treasury. |
|