Question: The article makes reference to the 10-year break-even rate, defined as the gap be yields on the 10-year-Treasury note and 10-year TIPS's and describes this
The article makes reference to the "10-year break-even rate", defined as "the gap be yields on the 10-year-Treasury note and 10-year TIPS's and describes this as a "measure investors' expectations for annual inflation". Why is the difference between the Treasury and TIPS rates referred to as a "break-eventa Why is this break-even rate regarded as a measure of inflationary expectatins
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