U.S. TIPS breakeven rates hold gains after data
NEW YORK, July 29 (Reuters) - The U.S. bond market's gauge on investors' inflation expectations held earlier gains on Friday as data showed employment costs and overall price growth in the second quarter supported a view of moderate domestic inflation.
The yield difference between 10-year Treasury Inflation Protected Securities and regular 10-year Treasury notes, seen as a proxy on investors 10-year inflation outlook, was 1.53 percent, up 0.4 basis point from late on Thursday, according to Tradeweb.
(Reporting by Richard Leong)
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