So I actually went to the treasury website, so that's treas.gov.

So in general, you expect less interest when you loan money for a shorter period time than a longer period of time.

The yield on the bond is 6 .

And we'll do a more advanced presentation later as to why you might get lower yields for longer duration investments.

A 6 yield is guaranteed on the investment.

These are just definitional things to worry about.

So the current yield curve looks something like this.

Periods per year

Periods

And hopefully, after about the next five or ten minutes, you will know a lot about the yield curve.

So this is what people are talking about when they say treasury prices go up, if treasury prices go up then the yields go down

And the public markets, when you try to sell that treasury, will then expect. a higher yield.

Why were they willing to pay rent, when they could have bought a house, where the mortgage would have been interest plus a little principal it would have been no more than 400 a month?

And so this is our yield.

And then the amount that you owe me after one compounding period is 1 times the principal, plus my annual interest rate so in this case it's r divided by the number of times I'm compounding.

So five only goes two times.

And we already played this game.

So when most people talk about the yield curve, they're talking about the treasury yield curve.

Treasury notes are loans that are from one year to 10 years.

You give them more money they repay you that over a time.

The business will yields a fair return on the investment.

Not interested. But since we're on the topic... how many sessions?

Turn it clockwise, it deactivates the device.

So you've probably heard not only the term earnings, you've probably also heard the term earnings per share.

I have a whole video on this, especially the ones where I talk about the yield curve.

My faith in the Aurelia is that she is swift and light and can outrun the storms we will most certainly encounter.

This time, good triumphs, and the moon has been returned to its rightful place in the sky.

And he's just lapping a slower car.

It says, you know, social impact over here is spectacular, five stars.

And I always start to jumble things when I run out of time.

Number of payments per year

That comes in handy.

That's convenient, isn't it?

That's useful, isn't it?

How many times are you going to ask me that, Boomer?

Down here big prediction error. For the rest of them, not so big, okay.

Jeez if we could just tap that.

And then for 30 years, I get 4.35 .

So the next question is, well, what determines this yield curve?

Go through all that again?

Again, we just take these lines and recursively replace them with the whole shape.

It is a perfectly overpowering impulse, and

Youth has its advantages.

But this says I put my hand in the bag, I didn't look at which coin I got, I just flipped it five times and I know that

So we compound every zillionth of a second, but we compound it a trillion times, however many of those intervals are in a year, that at the end of a year, I would owe you P times e to the r dollars.