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The following is from an article in the Wall Street Journal describing events in the market for Treasury securities that day: "Treasurys prices were mixed, with the shorter end of the curve rising and longer-dated Treasurys falling in price."

On the same graph, sketch two Treasury yield curves, one showing the situation on that day (as described in the sentence) and one showing the situation on the day before.

Label one curve "today" and the other curve "previous day." Be sure to label both axes of your yield curve graph.

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