"Structure of Interest Rates"Please respond to the following:

E-activity: Go to the Federal Reserve Bank of San Franciscos Website to read the article titled What Moves the Interest Rate Term Structure? dated November 7, 2011, located at http://www.frbsf.org/publications/economics/letter/2011/el2011-34.html. Be prepared to discuss.

• From the first e-Activity, create an argument on whether the yield rate or the forward interest rate has the greater impact on interest rates in the U.S.
• Analyze the current economic forecasts by economists and financial experts, and predict the impact on the interest rate term structure.