U.S. 10-year TIPS breakeven rate rises after auction
By Reuters
Nov 20, 2014 10:33 PM EST
Regions
man is reflected in a window draped with a U.S. flag across from the World Trade Center construction site in New York, September 8, 2011.
(Photo : Reuters)
(Photo : Reuters)
The U.S. 10-year inflation breakeven rate rose mid-afternoon Thursday after relatively strong demand at a $13 billion auction of 10-year Treasury Inflation-Protected Securities.
This gauge of investors' long-term inflation expectations, as measured by the yield gap between 10-year TIPS and regular 10-year Treasury notes widened as much as 2 basis points to 1.86 percent after the 10-year TIPS auction.
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