NEW YORK, Jan 5 (Reuters) - The U.S. bond market's gauges of inflation expectations turned flat on Friday, trimming a modest drop linked to a December payrolls report that showed a smaller-than-forecast rise in hiring and in-line growth in average hourly earnings.At 9:11 a.m. (1411 GMT), the 10-year inflation breakeven rate, or the yield gap between 10-year Treasury Inflation Protected Securities and regular 10-year Treasury notes, was little changed at 2.02 percent, up 0.1 basis point from late on Thursday, Tradeweb data showed. (Reporting by Richard Leong Editing by Chizu Nomiyama)
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