What is the market segmentation theory of interest rates ? Do you think distinct market segments currently exist in the financial markets ? Why or why not ?

The Federal Reserve has actively employed open market operations to stimulate the economy. Does this strategy consist of buying or selling Treasury securities ? Describe the mechanism through which open market operations are used to reduce interest rates and achieve an expansionary monetary policy.

Describe the background of Treasury Inflation Protection Securities. Are they still useful in a low-inflation environment ?

What is the historical role of investment bankers ? Has this role changed ? Why or why not ?