Assumed the Treasury security yields for today are as follows:

* 3 month T-bills 4.50%

* 6 month T-bills 4.75%

* 1 yr T-notes 5.00%

* 2 yr T-notes 5.25%

* 3 yr T-notes 5.50%

* 5 yr T-bonds 5.75%

* 10 yr T-bonds 6.00%

* 30 yr T-bonds 6.50%

Draw a yield curve based on this data. Discuss the implication if you are: a) Borrower and b) Lender.