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 ...
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 ...
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 ...
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 ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results