Assume it is January 6, 2020 and you have information that leads you to believe a global pandemic is going to soon hit the shores of the United States.

The Eurodollar futures price on 12/6/2020 for 12/2020 settlement is 98.46 (1.54%) and for 9/2024 settlement is 98.25 (1.75%). Spread = 1.75 1.54 = 0.21

A reasonable expectations is that monetary policy will be extremely accommodating in the near future, i.e. short term rates will be near zero, and inflation expectations are non-existent. Explain how you would buy the yield curve and the basis for this strategy

On March 15, 2020 the Eurodollar futures price for 12/2020 settlement is 99.63 (0.47%) and for 9/2024 settlement is 99.10 (0.90%). Spread = 0.90 0.37 = 0.53