Using the data below answer the following questions. Approximate time to complete: 10 minutes 1. What happened to the shape of the yield curve between 2012 and 2019? 2. What factor(s) caused the shape of the yield curve to change? 3. Why did the 10-year yield increase less than the 3-month Treasury bill? 4. What happened to expected inflation between these dates? 5. What story can you tell about why the 10-year Treasury yield increased over this period? 6. Why did the 10-year AA corporate yield increase over this period? Security Sept. 4, 2012 Sept. 18, 2019 3-month Treasury bill yield 10-year Treasury note 10-year AA corporate 10-year TIPS .10% 1.59% 2.07% -.68% 1.93% 1.78% 2.48% .21% Using the data below answer the following questions. Approximate time to complete: 10 minutes 1. What happened to the shape of the yield curve between 2012 and 2019? 2. What factor(s) caused the shape of the yield curve to change? 3. Why did the 10-year yield increase less than the 3-month Treasury bill? 4. What happened to expected inflation between these dates? 5. What story can you tell about why the 10-year Treasury yield increased over this period? 6. Why did the 10-year AA corporate yield increase over this period? Security Sept. 4, 2012 Sept. 18, 2019 3-month Treasury bill yield 10-year Treasury note 10-year AA corporate 10-year TIPS .10% 1.59% 2.07% -.68% 1.93% 1.78% 2.48% .21%