Observed height of yield curve

Observed slope of yield curve

Observed curvature of yield curve

Yield rate (10)

Yield rate (10) minus yield rate (1)

Yield rate (10) plus yield rate (1), minus two times yield rate (5)

${\beta }_{1t}$

0.866

0.398

−0.010

${\beta }_{2t}$

−0.074

−0.964

0.147

${\beta }_{3t}$

0.341

0.031

−0.554