Capitalytics

**Regression for 3-month Treasury Yield**

	Dependent variable (+/- SE):

	3-month Treasury Yield

Constant	-0.495 (+/- 0.116)
	p = 0.0002^***
LN_30-year Treasury Yield	2.802 (+/- 0.705)
	p = 0.0004^***
LN_20-year Treasury Yield	-2.296 (+/- 0.605)
	p = 0.001^***
1-month Treasury Yield	1.142 (+/- 0.037)
	p = 0.000^***
1-month Treasury Yield_2	-0.070 (+/- 0.015)
	p = 0.0001^***
20-year Treasury Yield_2	0.168 (+/- 0.048)
	p = 0.002^***
30-year Treasury Yield_2	-0.169 (+/- 0.047)
	p = 0.002^***

Observations	40
R²	0.998
Adjusted R²	0.998
Residual Std. Error	0.039 (df = 33)
F Statistic	2,720.309^*** (df = 6; 33)

Note:	^p<0.1; ^p<0.05; ^**p<0.01