Use the data in https://cfe.cboe.com/cfe-products/vx-cboe-volatility-index-vix-futures.

1. Plot the current term structure of volatility using VIX future contracts. From this table only use the spot (^VIX) and the monthly contracts (those with 5 letter symbols) to plot the term structure.
2. What type of information can we infer from this graph?
3. Although the volatility term structure takes any shape, it is usually upward sloping. How do you interpret this empirical finding?