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How strong is the correlation between the inflation rate and 3 0 - year U . S . Treasury yields? The following data published by

How strong is the correlation between the inflation rate and 30-year U.S. Treasury yields? The following data published by Fuji
Securities are given as pairs of inflation rates and Treasury yields for selected years over a 35-year period.
Compute the Pearson product-moment correlation coefficient to determine the strength of the correlation between these two
variables. Comment on the strength and direction of the correlation.
(Round the intermediate values to 4 decimal places. Round your answer to 3 decimal places.)
r=|
There is a
between the inflation rate and the thirty-year treasury yield.
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