America celebrated Independence Day with a bang in the stock market this week, as we witnessed record numbers yet again. This impressive performance coincided with a rally in the back end of the yield ...
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 ...
PT Asset Management CEO Sean Dranfield talked with Proactive's Stephen Gunnion about the firm's fixed income positioning heading into 2026, highlighting how shifting yield curve dynamics could favour ...
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 ...
The recent leap in longer-term U.S. Treasury yields has unnerved investors. But it could play into the hands of the country’s lenders. One upshot of this is what’s known as a steeper yield curve. This ...
The BOJ said the target level of the 10-year JGB yield will be held at 0%, but will take the upper bound of 1% "as a reference" The bank continued to hold its short term policy rate at -0.1%, even as ...
Forbes contributors publish independent expert analyses and insights. I write about investment strategies to build generational wealth. A quietly steepening European yield curve signals opportunity ...