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The yield on a three-year Treasury note is 3.1% and the yield on a three-year TIPS is 1%. What is the market's estimate of the
The yield on a three-year Treasury note is 3.1% and the yield on a three-year TIPS is 1%. What is the market's estimate of the annual inflation rate over the next three years? Express you answer as a percent rounded to one decimal. For example, a value of 5.5% is expressed as 5.5.
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