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Go to the St. Louis Federal Reserve FRED database, and find data on net worth of households and nonprofits (HNONWRQ027S) and the 10-year U.S. treasury

Go to the St. Louis Federal Reserve FRED database, and find data on net

worth of households and nonprofits (HNONWRQ027S) and the 10-year U.S. treasury

bond (GS10). For the net worth indicator, adjust the units setting to Percent Change

from Year Ago, and for the 10-year bond, adjust the frequency setting to Quarterly.

a. What is the percent change in net worth over the most recent year of data available?

All else being equal, what do you expect should happen to the price and yield on the

10-year treasury bond? Why?

b. What is the change in yield on the 10-year treasury bond over the last year of data

available? Is this result consistent with your answer to part (a)? Briefly explain.

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