U.S. TIPS breakeven rates pare fall as retail sales rise in May
NEW YORK, June 14 (Reuters) - The U.S. bond market's gauges of investors' inflation views trimmed their earlier decline on Friday as solid increases in domestic retail sales in May reduced some anxiety that price growth would struggle to meet the Federal Reserve's 2% goal.
At 8:38 a.m. (1228 GMT), the yield spread between 10-year Treasury Inflation Protected Securities and regular 10-year Treasuries was 1.668%, down 2 basis points from Thursday, according to Tradeweb data. Earlier Friday, the 10-year TIPS breakeven rate fell to 1.662%, its lowest level since early January. US10YTIP=TWEB, US10YTIP=RR
(Reporting by Richard Leong Editing by Chizu Nomiyama)
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