1. Plot the US Treasury maturities and yields below on a graph. Is the resulting yield curve normal or inverted? Why?

US Treasury Yields on April 3, 2017

Maturity Last Yield

1 month 0.73%

3 months 0.79%

6 months 0.92%

1 year 1.02%

2 year 1.24%

3 year 1.47%

5 year 1.88%

7 year 2.16%

10 yr 2.35%

20 yr 2.71%

30 yr 2.98%