We have been convinced through our research that the purpose of risk management is to use all tools available in the markets to create more robust portfolios that can survive major shocks. In a recent ...

An inverted yield curve with a negative butterfly spread of -21 basis points offers an opportunity to bet on a reversion to mean (64 bps). Increasing probability of a recession implied by the yield ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Cierra Murry is an expert in banking, credit cards, investing, loans, mortgages, and real estate. She is a ...

It has been a long time since we have had to worry about and think about the phenomenon of mortgage convexity and the effect that it can have on the bond market. But with 10-year interest rates up ...

CVOL is a suite of implied volatility indices measuring 30-day forward volatility across all option strike prices of key futures markets. It's based on a simple variance methodology to measure the ...

Bond convexity is a measure of the relationship between a bond’s price and interest rates. It is used to assess the impact that a rise or fall in interest rates can have on a bond’s price – which ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Every so often Chris Cole, of Artemis Capital, perhaps one of the deepest and most provocative thinkers in the ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst for 20+ years. He is a Chartered Market Technician ...