May 5, 2017 / 1:06 PM / 6 months ago

U.S. TIPS breakeven rates hold gains after payrolls data

NEW YORK, May 5 (Reuters) - The U.S. bond market’s gauges on inflation expectations held their earlier gains on Friday as U.S. payrolls report for April showed steady wage growth and the jobless rate hitting a near 10-year low.

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 1.86 percent, up a 0.05 basis point from Thursday, Tradeweb and Reuters data showed. . (Reporting by Richard Leong Editing by W Simon)

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