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Go to the Federal Reserve Bank of St. Louis website at www.stlouisfed.org and find the FRED link and the Interest Rate link and you will
Go to the Federal Reserve Bank of St. Louis website at www.stlouisfed.org and find the FRED link and the Interest Rate link and you will find the monthly 10-year Treasury note interest rates. Calculate the average annual 10-year Treasury interest rate for 2021 and 2022. Compare this number to the long-term government bond returns and the U.S. Treasury bill returns found in Table 10.1 of the textbook. How does the 10-year Treasury interest rate compare to these numbers? Do you expect this relationship to always hold? Why or why not
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