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At this time last year the interest rate on a One-Year Treasury Bond is 0.11%. At this time the previous year it was 1.88%. Based

At this time last year the interest rate on a One-Year Treasury Bond is 0.11%. At this time the previous year it was 1.88%. Based on our discussion of Yield Curves, in a couple of sentences explain what might have caused this dramatic drop. In a sentence what do we expect Yield Curves to look like and why?

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