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Visit the US Treasury Department's website: http://www.treasury.gov/and find current data on the US Treasury yield curve by following the following sequence of links: Resource Center

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Visit the US Treasury Department's website: http://www.treasury.gov/and find current data on the US Treasury yield curve by following the following sequence of links: Resource Center > Data and Charts Center > Daily Treasury Yield Curve Rates. (a) Identify the date on which you accessed the data. (b) What are the yields on Treasury bonds with the following time to maturity: 3 months, 6 months, 1 year, 10 years, and 30 years? (c) Plot the current US Treasury yield curve either by hand or using Excel or a computer graphing utility. (d) Use the liquidity preference theory to interpret the current yield curve. Does it appear that the market expects a recession any time soon? What does the yield curve tell you about long-run inflation expectations

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