The Bank of England uses forward rates derived from the swap market to forecast future base rates. This approach is flawed, and has contributed to the Bank’s loss of credibility in the fight against inflation.
Continue reading..
The Bank of England uses forward rates derived from the swap market to forecast future base rates. This approach is flawed, and has contributed to the Bank’s loss of credibility in the fight against inflation.
Continue reading..Italian courts are prosecuting former officials involved in derivatives terminated by Morgan Stanley nine years ago. But the US bank actually did Italy a favour, unlike the country’s other sovereign counterparties.
Continue reading..
The Federal Reserve is proposing to end its long f...
At first glance, the $388m of fines imposed last m...
Our corporate bond tool shows that dollar-denomina...
Is there another book left to be written about AI...