Currently 5 year t-notes provide a yield to maturity

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Currently 5 year T-notes provide a yield to maturity of 1.74% per year. At the same time, TIPS (Treasury Inflation Protected Securities) with a 5 year maturity provide a yield (before inflation) of -0.50% per year. What is the implied annual inflation rate over the next 5 years?

Reference no: EM13701923

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