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U.S. TIPS breakeven rates hit near six-week lows
March 22, 2017 / 1:42 PM / 6 months ago

U.S. TIPS breakeven rates hit near six-week lows

NEW YORK, March 22 (Reuters) - The U.S. bond market’s gauges on inflation expectations slipped to their lowest in nearly six weeks on Wednesday as investors scaled back their view on future price growth due to weaker oil futures.

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 1.97 percent, down 2 basis points from Tuesday, Tradeweb data showed. (Reporting by Richard Leong)

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