If the yield to maturity for a par value TIPS bond with 15 years to maturity is 2%, and the yield to maturity of a U.S Treasury note with 15 years is 4.25%, A reasonable expected annual rate of inflation over the next 15 years is 2.25% A reasonable expected annual rate of inflation over the next 15 years is -2.25%. None of the answers are correct A reasonable expected annual rate of inflation over the next 15 years is -1.25%. A reasonable expected annual rate of inflation over the next 15 years is 1.25%