Jacky is engaged to Diana, whom he has been dating for two years. Recently, he has beenseriously planning for his future with Diana. They plan to buy a town house in New York andgive birth to two children, hopefully one boy and one girl, in the next $10$ years. Jacky hasbeen saving money since he started working. Nonetheless, his current saving is far less thanwhat it takes to fulfil their dream. He is thus exploring investment opportunities. By theway, Jacky has a Bachelor degree in Economics from Harvard. He knows that it is helpful toget a glimpse into the future especially the interest rate. Look at the US Treasury Yield Curvebelow and predict the trend of short$-$term interest rate in the future using economictheories. Based on your prediction, what would you advise Jacky on investment as well asthe timing for Jacky to borrow a mortgage to buy the town house? Will you change your advice if the economy runs into a recession next year? If yes, whatwould be your new advice?