Free Trial

5Y Breakeven Rises 10bps Over The Week, Highest In Nearly A Month

US TSYS
  • Today’s paring of gains in Treasuries has, unusually compared to moves in recent months, come as inflation expectations push higher rather than being real yield driven.
  • Indeed, the +2.5bp increase in the 5Y breakeven to 2.30% leaves it 10bps higher on the week for its highest since Aug 15 and within 5bps of being the highest since April.

5Y breakeven (white) and 5Y real yield (yellow)Source: Bloomberg

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.