Learn how convexity adjustments in bonds affect interest rates and prices using key formulas. Understand their importance in accurately predicting bond price changes.
Starting Jan. 1, Michigan drivers will no longer pay the state’s 6% sales tax on gasoline. Instead, a 21-cent-per-gallon fuel ...
Discover how reference rates like the SOFR and prime rate serve as benchmarks for setting interest rates, and explore their impact on mortgages and financial contracts.
The proposed rule aims to tamp down on unwieldy price data files and change how some prices are reported.