The financial industry has been rapidly integrating Artificial Intelligence (AI) to enhance various aspects of its operations, including the pricing of interest rate derivative contracts. Interest ...
Learn how convexity adjustments in bonds affect interest rates and prices using key formulas. Understand their importance in accurately predicting bond price changes.
For those banks left standing in the rates business following the financial crisis, 2009 was a record year for revenues, driven by wide margins and a resurgent corporate bond market, which few thought ...
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