Since the outbreak of the Covid-19 pandemic in March 2020, the U.S. experienced turbulent economy. The chart below shows the daily U.S. Treasury yield curves on January 2nd2020, January 4th2021 and February 28th2022. a) Describe the determinants of interest rate in the context of risk structure of interest rate and term structure of interest rate. [10 marks] b) Given the U.S. yield curve on January 2nd2020, January 4th2021 and February 28th2022 as shown in the above chart, using appropriate theories to predict the market expectation of short-term interest rate and economy in the near term in the U S Explain your prediction theoretically. [10 marks] c) Information extracted from bond markets and stock markets might have predictive power on a country's economic performance and market risk in the near term. Enumerate three predictors of economic performance from bond marks and two predictors of market risk from stock markets. Using relevant theories to explain why these market-implied information can have such a predictive power. [10 marks]