I wrote on 20th April that the best trades for the week would be: 1. Long of the EUR/USD currency pair. Unfortunately, it fell by 0.24% over the week. 2. Short of the USD/JPY currency pair.

The Treasury curve was down 1 basis point at 2 years and was up 5 basis points at 10 years over the last week. As a result, the current negative 2-year/10-year Treasury spread narrowed to negative 29 ...

You can see that the West Texas Intermediate crude oil market has had a positive week, although not without volatility. It appears that the $80 level continues to be a major support level, while the ...

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 ...