The study of interest rate models and term structure analysis is central to understanding financial markets, underpinning the valuation of fixed income securities, derivatives, and risk management ...

Empirical monetary policy shocks (EMPS) contain information about monetary policy both today and in the future. We define the term structure of monetary policy news as the marginal impact of an EMPS ...

Interest rates are expected to rise due to the anticipated programs and policies of Donald Trump and the inflationary economic focus of these programs and policies. Analysts highlight the positive ...