Treasury Presentation to TBAC

OMB’s economic assumption of the 10-year Treasury note rates were developed in late May 2013 and are from the Table 2 of the “Fiscal Year 2014 Mid -Session Review Budget of the US Government.” The implied 10-Year Treasury note forward rates are the averages for each fiscal year. 10-Year Treasury Rate, 2.61%, as of 09/30/2013 ................
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