The yield curve is a graphical representation that plots the interest rates of bonds with equal credit quality but varying maturity dates. A normal yield curve slopes upward, indicating higher ...

In my 50-plus years of running money, I’ve noticed that the biggest market moves come from factors that have gone unnoticed – and right now, there’s a doozy lurking under the table. Amid all the ...

Following the jobs report on Friday that showed job creation had deteriorated from “decent” to “weak,” yields dropped across the board, except for the 30-year yield, which ticked up. Yields are now ...

As explained in Prof. Robert Jarrow's book cited below, forward rates contain a risk premium above and beyond the market's expectations for the 3-month forward rate. We document the size of that risk ...

Yield curves plot bond yields against their maturities, helping predict economic trends. Inverted yield curves suggest potential economic downturns, impacting investment choices. Understanding yield ...