April 12, 2018 / 1:44 PM / 13 days ago

U.S. TIPS breakeven rates hold gains as import price growth stalls

NEW YORK, April 12 (Reuters) - The U.S. bond market’s gauges of inflation expectations held earlier gains on Thursday even as import prices unexpectedly posted no growth in March due to a drop in petroleum cost, marking its weakest reading since last July.

At 9:30 a.m. (1330 GMT), the 10-year inflation breakeven rate, or the yield gap between 10-year Treasury Inflation Protected Securities and regular 10-year Treasury notes, was 2.12 percent, which was a one-month peak and was 1 basis point higher than late on Wednesday, Tradeweb data showed. (Reporting by Richard Leong Editing by Chizu Nomiyama)

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