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 ...

Treasury yield curve outlook: 3‑month T‑bill most likely 1–2% in 10 years; 2y/10y spread turns positive. See inversion odds ...

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 ...