Treasury Yield Curve Slope

This question tests your understanding of a core capital markets concept, how yields on treasury bonds with different maturities are used to construct a benchmark curve. In an interview, you are expected to explain why treasuries matter as the reference point for pricing other debt, how maturities are compared, and why longer dated securities usually need to offer different yields than shorter dated ones. It also checks whether you can connect the curve’s slope to investor expectations, especially how anticipated changes in interest rates can affect demand across maturities and shift the curve’s shape.