Discover how negative convexity affects bond prices, key risks, and how to calculate it. Learn why mortgage and callable ...

Morgan Stanley was short subprime. Subprime went down. Morgan Stanley lost $3.7 billion on the trade. How is that possible? Morgan Stanley's CFO, Colm Kelleher, explained it thusly: “We began with a ...

Graph algorithms constitute a fundamental area of computational research that focuses on the analysis and manipulation of graph structures, which represent systems of interconnected entities. In ...

Bond convexity measures price sensitivity to interest rate changes in the secondary market. Positive convexity increases bond value as interest rates fall; negative does the opposite. Understanding ...

Bonds are popular fixed income investment instruments and are often regarded as bearing relatively low-risk burdens. While bonds are less volatile than other investments, they are not risk-free, ...

Hedge fund Bridgewater Associates plans to expand its employee ownership initiative next year which will see more than 60% of staff own equity in the firm, according to an internal memo seen by ...