This is what it gives me for Treasury securities:
Maturity Yield
1 year 6.0%
2 years 6.2%
3 years 6.4%
4 years 6.5%
5 years 6.5%
Question:
Assume that the pure expectations theory of the term structure is correct. What does the market expect will be the interest rate on 2-year securities 3 years from now?