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Suppose you are given the following information about U.S. Treasury Notes: A 5-year T-NOTE has a yield to maturity of 0.80% A 10-year T-NOTE has
Suppose you are given the following information about U.S. Treasury Notes: A 5-year T-NOTE has a yield to maturity of 0.80% A 10-year T-NOTE has a yield to maturity of 1.51% Suppose you are given the following information about U.S. TIPS Notes: A 5-year TIPS has a yield to maturity of -1.64% A 10-year TIPS has a yield to maturity of -0.85% Calculate the 10-year break-even inflation rate using the approximate Fisher Equation. (Enter percentages as decimals and round to 4 decimals)
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