The London Interbank Offered Rate, a floating-rate index used by many municipal market participants, jumped dramatically last week amid claims the banks reporting the rate were artificially providing ...
The late U.S. economist Thorstein Veblen once said that necessity is the mother of invention. Perhaps if he had been a municipal analyst, he would have said that a flat yield curve is the father of ...
All lenders, borrowers, investors, and other users of LIBOR-based transactions need to remain current on the status of the LIBOR transition. Recent regulatory guidance indicates that the transition ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Numerix CrossAsset’s cutting-edge multi-curve framework, which provides ...
Swap spreads are mixed with the curve, after steadily steepening for two straight session, flipped flatter despite lower Libor settings, with the exception of the 1-month rate and tighter FRA/OIS ...