A two$-$year Treasury bill offers a $3\mathrm{.}4\%$ yield to maturity. The market's concensus forecast is that one$-$year T$-$bills will offer $4\mathrm{.}1\%$ next year. What is the current yield on a $1-$year T$-$bill if the expectations hypothesis holds? Enter your answer as a percentage. Do not include the percentage sign in your answer.