Although inflation compensation, which has returned as
an accurate measure of inflation expectations, plays a key role in the recent rise in longer - term rates, an earlier post illustrated that the primary reason for the longer decline in the 10 - Year Treasury note rate is the real, or inflation - adjusted, yield, as measured by the rate on 10 - Year Treasury Inflated Protected Securities.
Should a school participate in grade
inflation because it will help their students get into college, even if it fails to give them an
accurate measure of their strengths and weaknesses?