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The rate on the current 5-year Treasury is 5.86% and the rate on the current 6-year Treasury is 7.02%. According to the UET, what does

  1. The rate on the current 5-year Treasury is 5.86% and the rate on the current 6-year Treasury is 7.02%. According to the UET, what does the market expect the one-year Treasury rate to be 5 years from now?

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