October 5, 2018 / 1:42 PM / in 15 days

U.S. TIPS breakeven rates trim fall after wage data

NEW YORK, Oct 5 (Reuters) - The U.S. bond market’s gauges on investors’ inflation outlook trimmed their earlier fall on Friday as data showed a steady rise in wages and the jobless rate hitting a 49-year low in September, hinting at some building in price pressure.

At 9:34 a.m. (1334 GMT), the yield spread between 10-year Treasury inflation-protected securities and regular 10-year Treasuries, or the 10-year inflation breakeven rate, was 2.17 percent, up 0.40 basis point from Thursday, according to Tradeweb data. (Reporting by Richard Leong)

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