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  • 09-04-2024
  • Business
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Assume that today, one-year Treasury bills yield 6.5 percent and 2-year Treasury securities yield 5.9 percent. According to the expectations theory, What can be assumed?
1) The yield curve is upward sloping
2) The yield curve is downward sloping
3) The yield curve is flat
4) The yield curve cannot be determined

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