In this Module we deal with short term money market securities (including Treasury bills), long term Treasury and Municipal bonds which are all debt securities and not part of Equity securities we will cover in the fourth and final Module assignment. For your writing assignment, answer the following questions:

1. ESSAY 1: COMPARING YIELDS OF MM and Treasury DEBT SECURITIES IN CH 6 AND 7. Create a small table within your essay that provides current yields for November 2023 and find yields in November 1981. Best place for Yield data is FRED. Stlouisfed.org Here is the specific link https://fred.stlouisfed.org/series/TB3MS for 3 month T Bills and click on Download to find specific yields. Besides T-bills, find 3 months Commercial Paper, 3 months CDs, and 30 year T-Bonds. You are looking at four securities for two time frames (current and Historical 1981). Your mini table worth one point should provide average yields for money market securities, specifically 3 month T-Bills, 3 month commercial paper, 3 month CDs and 30 year Treasury bonds. Compare the current yields to the 2023 1981 yields, preferably samecmonth. Explain the differences between 2023 and the 1980s yields, finding research through articles about what was happening in the late 1970s/ early 1980s for those yields to be so much higher Worth 2 points. Find articles on the Fed website, or CNBC, Marketwatch, Yahoo Finance, that help you you explain provide your research sources for your analysis. Remember to refer to the article(s) you are using within the essay.