May 12, 2017 / 12:52 PM / 2 months ago

U.S. TIPS breakeven rates fall as April CPI disappoints

1 Min Read

NEW YORK, May 12 (Reuters) - The U.S. bond market's gauges on inflation expectations turned lower on Friday, erasing earlier gains as a government gauge in consumer prices in April rose less than analysts' forecast, raising concerns when domestic inflation would reach the Federal Reserve's 2-percent goal.

The 10-year inflation breakeven rate, or the yield difference between 10-year Treasury Inflation Protected Securities and regular 10-year Treasury notes, was last at 1.89 percent, down nearly 2 basis points from Thursday, Tradeweb data showed. (Reporting by Richard Leong)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below