• Using FRED (St. Louis Fed's Economic Database), make a chart showing the expansion of Fed monetary policy and its impact on the short-term and 10-year Treasury yields.
• Utilize FRED to find the data you need in the tutorials provided in the 'How can I find data on FRED?' (https://fredhelp.stlouisfed.org/#fred-data-how-can-i-find-data-on-fred) area of St. Louis' website. Note that there are a variety of ways to locate information using the database. This assignment has two parts in that you should be able to locate the data you need and also explain your rationale for what you believe to be the impact:
• Part 1 - Locate data using FRED as it relates to short-term and 10-year Treasury yields and download/save your findings in Excel.
• Part 2 - Provide a written explanation of the relationship between the expansion of Fed Monetary policy and its impact on short-term and 10-year Treasury yields.
• Part 3 - We explored the "bond yield spread" in our slides for this module and how the spread was big during the last financial crisis. Go to FRED and note how big the spread is right now - is it widening or narrowing? And explain if widening or narrowing means we are (possibly) closer or farther away from a financial crisis.