Provided in the excel file are two data sets with rate data for US treasury yields from two different years.

Construct a yield curve for each data set, utilizing the rates from $8/1/21$ for data set $1$ and $8/1/24$ for

data set $2.$

Calculate the $2/10$ spread for all dates in data set $1$ and $2.$

Define which of the data sets has an inverted yield curve and interpret the inversion.

a$.$ What is an inverted yield curve and what does it represent?

b$.$ Is there a better predictor of a recession than the $2/10$ year spread?

c$.$ Define a recession.

Please submit your excel file with graphs and calculations as well as a pdf write$-$up that show your answers for each question.