1.News comes out today that the economy is much weaker than expected. Hence, this changes the expectation of future interest rates. What will happen to U.S. Treasury Bond Prices and Yields today as a result of the news? Please explain what going on on the graph below and answer the question.

Example 1: Expect lower interest rates-Bond demand shifts right: lower vield and higher bond prices High price Low Yield Bond supply Treasury Bond Price Treasury Bond demand shifts to right Treasury Yield Bond demand Low Price High Yield Quantity of Treasury BondsExample 2: Expect Higher Rates: Bond demand shifts left: higher vield and lower bond prices High price Low Yield Bond supply Treasury Bond Price Treasury Bond demand shifts left Treasury Yield Bond demand Low Price High Yield Quantity of Treasury Bonds