Can someone tell why is this 5y,5y used as a gauge of expected inflation?
https://fred.stlouisfed.org/graph/?g=caoT
Why not use 4y,4y or other combination for example?
Can someone tell why is this 5y,5y used as a gauge of expected inflation?
https://fred.stlouisfed.org/graph/?g=caoT
Why not use 4y,4y or other combination for example?
Also,
Why other analyts use the 10 year Breakeven Inflation Rate ?
When should we use each one?