Research and analyze current information (that is, within the past two months) on government securities.

Research current information (within the last two months) on the yields and maturity for: US Treasuries, Municipal Bonds, and Corporate Bonds.

Tasks:

• Analyze what the pure expectations theory would imply about the yield curve for each security.
• Evaluate the yields and maturities for each of the securities.
• Justify which you would hold and why, relative to interest rate risk.