I’m working on a economics writing question and need an explanation and answer to help me learn. Respond to the questions in your own words. Note that your explanations here are meant to show YOUR understanding of class material. (This means that you are supposed to do this by yourself and not as a group assignment and not to cut and paste from the internet.) Question 1 Assume that you hold some Treasury bonds at the outset. The Fed then announces that they will increase interest rates more than previously expected in the coming year. After the announcement, do you want to hold more or less Treasury bonds? Explain briefly WHY. What do you think will happen to the price and yield (answer BOTH) on Treasury bonds after the announcement? Explain briefly WHY.

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