Investment Corporation of Dubai (ICD) is the premier sovereign wealth fund serving the Emirate of Dubai. ICD is led by a prominent group of leaders including H.E. the Crown Prince of Dubai and several Ministers. You are a portfolio manager who invests in fixed income securities for ICD. For the financial year 2021-2022, you are to complete important tasks set forth by the Board. They are enumerated as follows:

Task 1: In a recent meeting of the Board, it was discussed that the economic conditions would be dire for the financial year 2021-2022 given COVID 19 pandemic. The senior economist at the ICT predicts that the interest rates will remain low and could decrease further as the Government of the UAE and the Central Bank of the UAE increase money supply to deal with post-covid19 economic conditions. You are advised to study all possible types of Yield Curves and predict future economic condition for the UAE based on it. Elaborate your thinking on this issue logically argue your position (critical thinking) and make a recommendation.