The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
The swap rate is hedgeable, not neutral. Well, it is "risk-neutral". And the assumption is that the market will evolve towards the forward rates, which is not observed and would lead to absurdly high interest rates if it did happen. En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Frank Schnittger - May 31
by Oui - May 30 17 comments
by Frank Schnittger - May 23 3 comments
by Frank Schnittger - May 27 3 comments
by Frank Schnittger - May 5 22 comments
by Oui - May 13 66 comments
by Carrie - Apr 30 7 comments
by Oui - Jun 17 comments
by Oui - May 3126 comments
by Oui - May 3017 comments
by Frank Schnittger - May 273 comments
by Oui - May 2726 comments
by Oui - May 24
by Frank Schnittger - May 233 comments
by Oui - May 1366 comments
by Oui - May 910 comments
by Frank Schnittger - May 522 comments
by Oui - May 450 comments
by Oui - May 312 comments
by Oui - Apr 30273 comments
by Carrie - Apr 307 comments
by Oui - Apr 2647 comments
by Oui - Apr 889 comments
by Oui - Mar 19144 comments