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Why do economists pay close attention to the market for Treasury Inflation-Protected Securities (TIPS)? 1 point TIPS provide constant nominal returns. TIPS prices embed the
Why do economists pay close attention to the market for Treasury Inflation-Protected Securities (TIPS)? 1 point TIPS provide constant nominal returns. TIPS prices embed the market's expectation of future inflation. TIPS have lower credit risk than regular Treasury bonds. All of the above
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