NEW YORK, April 20 The U.S. bond market's gauges
on inflation expectations on Thursday extended their earlier
rise following a solid auction of $16 billion worth of five-year
Treasury Inflation Protected Securities (TIPS).
The five-year inflation breakeven rate, or the yield
difference between five-year TIPS and regular five-year Treasury
notes, was last at 1.80 percent. It touched 1.73 percent on
Tuesday, which was the lowest since Dec. 20, Tradeweb and
Reuters data showed.
(Reporting by Richard Leong; Editing by Chris Reese)