14 Mar, 2018

What’s Happening to US Treasuries and Why Does It Matter?

By |2018-03-14T21:46:53+11:00Mar 14, 2018|Education|

The past month has seen US 10-year Treasury Note yields skyrocket, up almost 20% from the beginning of January to 2.8714%, as investors foresee a large boost to the US economy on the back of President Donald Trump’s tax reform and more activity from the US Federal Reserve Bank. Indeed, Chair of the Federal Reserve Jerome Powell recently stated that [...]

28 Feb, 2018

The Term Structures of Interest Rates in Australia – Insights From An Affine Model

By |2018-02-28T23:51:53+11:00Feb 28, 2018|Education|

The term structure of interest rates is the relationship between interest rates or bond yields and different terms or maturities, which is also commonly known as the yield curve (Figure 1). The term structure of interest rates is the single most important benchmark in the fixed income world, central to all debt securities and plays a vital role in the [...]