View Policies Current Attempt in Progress How strong is the correlation between the inflation rate and 30-year U.S. Treasury yields? The following data published by Fuji Securities are given as pairs of inflation rates and Treasury yields for selected years over a 35-year period. Inflation Rate 30-Year Treasure Yield 1.57% 3.05% 2.23 3.93 2.07 4.68 4.53 6.57 7.25 8.27 9.25 12.08 5.12 10.27 4.62 8.45 Compute the Pearson product-moment correlation coefficient to determine the strength of the correlation between these two variables. Comment on the strength and direction of the correlation. (Round the intermediate values to 4 decimal places. Round your answer to 3 decimal places.) r= There is a eTextbook and Media Save for later between the inflation rate and the thirty-year treasury yield. C SUPPORT