BAS Presentations - March 2023

3/1/2023

Learning Objectives

1 – Impact on Other Components

2 – Investment Types and Terminology

3 – Yield Curve

4 – Credit Risk

5 – Interest Rate Risk

9

The Yield Curve is a Picture of Bond Yields

U.S. Treasury Yield Curve (Risk Free)

1% 2% 3% 4% 5% 6%

2/17/2023

1 Mo 3 Mo 6 Mo 1 Yr

2 Yr

3 Yr

5 Yr

10 Yr

20 Yr

30 Yr

10

5