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- 2011-7-11
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- 2013-8-23
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Can anyone give some color around why the 1-yr treas note uses the long term inflation rate in the risk premium approach instead of the current inflation rate?
Even the text states that the inflation premium should reflect the average inflation expected over the maturity of the debt.
I’m not sure why were using a long term rate for 1 yr debt. |
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