# What the Rising 10-Year Breakeven Rate Tells Us Now Page: https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/what-the-rising-10-year-breakeven-rate-tells-us-now Text version: https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/what-the-rising-10-year-breakeven-rate-tells-us-now.md Podcast: [Economic Indicators with Fexingo: GDP, CPI, PMI, and Reading the Macro Data](https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725) Published: 2026-07-07T18:18:17+00:00 Episode link: https://audio.fexingo.com/business/economic-indicators/episode-0099.mp3 Audio file: https://audio.fexingo.com/business/economic-indicators/episode-0099.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/episodes/what-the-rising-10-year-breakeven-rate-tells-us-now Duration seconds: 392 ## Resource In episode 99 of Economic Indicators with Fexingo, Lucas and Luna dig into the 10-year breakeven inflation rate, which just hit 2.24 percent. They explain how this market-based inflation gauge works, why it matters for Fed policy, and what it signals about growth expectations in mid-2026. With the ten-year Treasury yield at 4.52 percent and core CPI still sticky at 336.1, the hosts explore whether breakevens are sending a reliable signal or noise. They also tie in the latest jobs data, with payrolls growing only 57,000 in June, and discuss how the labor market softening might affect inflation expectations. Plus, a brief listener-support segment tied to the value of making sense of economic data. Focused, specific, and grounded in current numbers. #BreakevenInflation #10YearTreasury #CPI #FederalReserve #InflationExpectations #BondMarket #TIPS #RealYield #NominalYield #MacroData #EconomicIndicators #LaborMarket #NonfarmPayrolls #June2026 #FexingoBusiness #BusinessPodcast #Economics #Podcast Keep every episode free: buymeacoffee.com/fexingo ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/episodes/what-the-rising-10-year-breakeven-rate-tells-us-now/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/what-the-rising-10-year-breakeven-rate-tells-us-now.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.