Bandets femte album Hazards of Love 24. mars 2009, via Capitol Records, og første smakebit fra det kommende albumet er Hazards of Love 1 (The Prettiest Whistles Won’t Wrestle the Thistles Undone), og kan høres på bandets myspace.

Her er tracklisten:

1. Prelude
2. Hazards of Love 1 (The Prettiest Whistles Won’t Wrestle the Thistles Undone)
3. A Bower Scene
4. Won’t Want for Love (Margaret in the Taiga)
5. Hazards of Love 2 (Wager All)
6. The Queen’s Approach
7. Isn’t it a Lovely Night?
8. The Wanting Comes in Waves / Repaid
9. An Interlude
10. The Rake’s Song
11. The Abduction of Margaret
12. The Queen’s Rebuke / The Crossing
13. Annan Water
14. Margaret in Captivity
15. Hazards of Love 3 (Revenge!)
16. The Wanting Comes in Waves (Reprise)
17. Hazards of Love 4 (The Drowned)


The Decemberists på Myspace