The price of the $1,500 million 6.125% senior note due 2039 as of April 2016 follows: Maturity Date Issuer Coupon Current Price Current Yield Fitch Rating Callable 2039 GM 6.125 97.89 6.511 BBB No Assuming that the credit rating of GE has not changed since the issuance of bond, what does the pricing of this coupon bond imply about interest rate changes since GM issued the bond?

		1) Interest rate increases
		2) Interest rate decreases
		3) No change in interest rate
		4) Cannot determine