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 changes in interest rates create short-lived but lucrative arbitrage opportunities. Learn strategies for fixed-income, options, and currency markets.

South Africa's rate cutting cycle is still in full swing with economists anticipating another 50 basis points of cuts in 2026 ...

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.

U.S. inflation has remained below the Fed’s 2% goal for over 10 years, averaging about 1.5%. One contributing factor may be the impact from a higher probability of future monetary policy being ...

The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months after the central bank's surprise jumbo cut in September. The Fed shaved borrowing ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...