As explained in Prof. Robert Jarrow’s book cited below, forward rates contain a risk premium above and beyond the market’s expectations for the 3-month forward rate. We document the size of that risk ...
Weekly Treasury Simulation, January 9, 2026: 50,000 No-Arbitrage Heath-Jarrow-Morton Yield Scenarios
Explore Treasury yield forecasts: 3‑month bills likely 1%–2%, curve inversion odds, negative-rate risk, and default dangers ...
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