The determinants of yield curve dynamics have been thoroughly discussed in finance models. However, little can be said about the macroeconomic factors behind th
Rebonato provides an authoritative, clear, and up-to-date explanation of the cutting-edge innovations in affine modeling for government bonds, and provides read
Financial Markets and the Real Economy reviews the current academic literature on the macroeconomics of finance.
Understanding the dynamic evolution of the yield curve is critical to many financial tasks, including pricing financial assets and their derivatives, managing f
In recent years, term premia have been very low and sometimes even negative. Now, with the United States economy growing above potential, inflationary pressures
