Discover the BGM Model's role in pricing interest rate derivatives using LIBOR rates. Learn its applications, advantages, and insights for swaptions and caplets.
Discover how to build a CD ladder to strategically enhance liquidity and maximize interest. A step-by-step guide for balanced investing with certificates of deposit.
We study the impact of climate policy on the long-run real interest rate in a tractable climate-economy model based on the work of Golosov et al. (2014). When the growth rate of the carbon tax exceeds ...
U.S. Treasury rates in the long-end of the curve appear 100 basis points too high relative to fundamentals. Even if interest rate levels were appropriate, macroeconomic and geopolitical risks abound.
Forbes contributors publish independent expert analyses and insights. Catherine Brock covers personal finance and investing. Between March 2020 and July 2023, the Federal Reserve Bank (Fed) raised the ...