U.K. Inflation Expectations Gauge Rises to Most in 4 1/2 Years

Photographer: Simon Dawson/Bloomberg

Pedestrians walk past fruit and vegetable goods displayed on a market stall in Guildford. Close

Pedestrians walk past fruit and vegetable goods displayed on a market stall in Guildford.

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Photographer: Simon Dawson/Bloomberg

Pedestrians walk past fruit and vegetable goods displayed on a market stall in Guildford.

The U.K. 10-year break-even rate, a gauge of inflation expectations, climbed to the most since September 2008.

The rate, which measures the difference in yield between index-linked and nominal securities, rose six basis points to 3.35 percent at 12:43 p.m. London time.

To contact the reporter on this story: Lucy Meakin in London at lmeakin1@bloomberg.net

To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net

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