Question: Suppose the interest rate on a 3-year Treasury Note is 2.25%, and 5-year Notes are yielding 4.75% Based on the expectations theory, what does the
Suppose the interest rate on a 3-year Treasury Note is 2.25%, and 5-year Notes are yielding 4.75% Based on the expectations theory, what does the market believe that 2-year Treasuries will be yielding 3 years from now
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