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The Following Figure Shows the Daily Three-Month Treasury Yield in September

question 57

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The following figure shows the daily three-month treasury yield in September 2008. Refer to the following figure when answering
Figure 10.1: Daily Three-Month Treasury Yield: September 2008 The following figure shows the daily three-month treasury yield in September 2008. Refer to the following figure when answering  Figure 10.1: Daily Three-Month Treasury Yield: September 2008   (Source: Federal Reserve Economic Data, St. Louis Federal Reserve)  -Consider the data in Figure 10.1. What does the data for mid-September in this figure suggest? A)  Increasing investor confidence in the effectiveness of TARP led to smaller purchases of U.S. treasuries. B)  There was a rapid movement of assets from treasuries to stocks. C)  In the aftermath of the collapse of Lehman Brothers investors fled to the safety of short-term treasuries. D)  Prices of gold declined in line with short-term treasury yields. E)  GM and Chrysler declared bankruptcy. (Source: Federal Reserve Economic Data, St. Louis Federal Reserve)
-Consider the data in Figure 10.1. What does the data for mid-September in this figure suggest?

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