Markets

US TIPS breakeven rates hit post-Brexit highs

Published July 14, 2016 Updated July 14, 2016 02:38pm

1 min

By Parvez Jabri

Add BRecorder as a trusted
source on Google

NEW YORK: The US bond market's gauge on investors' inflation expectations rose on Thursday to its highest levels since Britain's vote to leave the European Union three weeks ago after stronger-than-expected data on US producer prices in June.

The yield difference between regular 10-year Treasury notes and 10-year Treasury Inflation Protected Securities grew to 1.51 percent, up 4 basis points from Wednesday, according to Tradeweb.

Read Comments