U.S. TIPS breakeven rates fall as an inflation gauge hits record low
NEW YORK, June 14 (Reuters) - The U.S. bond market's gauges of investors' inflation views fell further on Friday as the University of Michigan's gauge on consumers' five-year inflation outlook fell to 2.2% in early June, the lowest since it introduced this question forty years ago.
At 10:12 a.m. (1412 GMT), the yield spread between 10-year Treasury Inflation Protected Securities and regular 10-year Treasuries was 1.659%, the lowest level since early January and down almost 3 basis points from Thursday, according to Tradeweb data. US10YTIP=TWEB, US10YTIP=RR
(Reporting by Richard Leong Editing by Chizu Nomiyama)
((firstname.lastname@example.org; +1 646 223 6313; Reuters Messaging: email@example.com; Twitter @RichardLeong2))