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The constant maturity nominal risk-free rate based on a 10-year maturity on January 1, 2020 was 1.11%, and the 10-year Treasury inflation-indexed rate was -0.99%.

The constant maturity nominal risk-free rate based on a 10-year maturity on January 1, 2020 was 1.11%, and the 10-year Treasury inflation-indexed rate was -0.99%. What do you estimate the inflation rate is?

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