Chapter 5, Problem 1DAP

To determine

The trend of the percent change in net worth over the most recent year of the data and its impact on the 10-year Treasury Bond and assess the change in yield on the 10-year Treasury Bond

Concept introduction:

Net Worth of the households and the nonprofits- It refers to the balance sheet of the households and the non-profit organizations.

Treasury Bond- It is the US government debt security which yields a fixed interest rate and has a maturity of ten years or more. A 10-year Treasury Bond implies that the bond has a maturity period of ten years.