Part 5: Comment on how the YTMs of Treasury bonds have changed since July 30th 2019 as below, eg. how does the bond market appear to have changed its predictions? Yields as shown below were collected in July 2019. US TIPS Australia 1.50% Japan 0.10% Germany 0.00% UK 0.75% Year-bond Cash 3-month 6-month 12-month 2-year 5-year 10-year 20-year 30-year US 2.25% 2.31% 2.28% 2.10% 1.84% 1.85% 2.08% 2.61% 2.55% 0.28% 0.35% 0.42% 0.73% 1.20% 1.11% 1.17% 1.48% 1.95% 3.15% -0.15% -0.19% -0.21% -0.10% 0.29% 0.45% -0.58% -0.67% -0.57% -0.20% 0.21% 0.41% 0.62% 0.56% 0.61% 0.86% 1.33% 1.45%