Both remains below the 2.0% Fed target. So is the market-based measure of inflation expectations - the yield differential between the nominal 10-year US Treasury bond and the 10-year US Treasury Inflation Protected Securities (TIPS). The differential stood at 1.75% last night, down from 1.87% at the end of June. https://www.financialstandard.com.au/feed/latest?story=51886540 en-AU Copyright 2026 Financial Standard 5