Life is uncertain. None of us know what is going to happen. We know little of what has happened in the past or is happening now outside our immediate experience. Uncertainty has been called the ...
Pricing for short- and long-dated European and American options to buy Euros versus U.S. dollars at a strike price of 1.09 for quarterly maturities out to 20 years is shown below. Note that the data ...
The inverted Bund yields continued this week with the negative 2-year/10-year yield spread at negative 42.2 basis points. As a result, today’s simulation shows that the probability of negative spreads ...
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