What does the following yield curve tell us? Treasury yield curve for January 20, 2006.

Maturity Yield (%)

1 month 3.95

3 months 4.35

6 months 4.48

1 year 4.44

2 years 4.37

3 years 4.32

5 years 4.31

7 years 4.32

10 years 4.37

20 years 4.59