The following table presents the quoted (i.e., settlement) prices for the respective 3-year and 10-year Treasury bond futures. Both bond futures mature in September 2020.

	3-year Treasury bond futures	10-year Treasury bond futures
6 July 2020	$92.65	$88.40
13 July 2020	$91.32	$89.95

Which of the following statements is most likely to be TRUE?

	A.	On 6 July 2020, the Treasury yield curve was upward sloping, and appeared to be less steep (although still upward sloping) on 13 July 2020.
	B.	On 6 July 2020, the Treasury yield curve was upward sloping, and appeared to have transformed into a downward sloping shape on 13 July 2020.
	C.	On 6 July 2020, the Treasury yield curve was downward sloping, and appeared to have transformed into an upward sloping shape on 13 July 2020.
	D.	On 6 July 2020, the Treasury yield curve was downward sloping, and appeared to have acquired an even steeper slope on 13 July 2020.
	E.	Between 6 July 2020 and 13 July 2020, the bond market appeared to have been spooked by concerns over reports of rising inflation.