Research Area
Rates & Credit
Distinguish yield levels, curve shape, duration exposure and credit compensation.
Rates & Credit
Rates & Credit
Rates & Credit
Rates & Credit
Real Yields, Nominal Yields, and Inflation Compensation
Interpret purchasing-power returns, inflation-linked bond yields, and breakevens without confusing observed spreads with pure expectations.
Duration and the Mechanics of Rate Shocks
Calculate bond-price sensitivity, convexity, and curve exposure while keeping approximations separate from realized returns.
Interpreting Yield-Curve Shapes and Changes
Describe curve levels, slopes, forwards, and term premiums without treating inversion or steepening as a complete economic forecast.
Credit Spreads, Financing Conditions, and Growth
Disentangle default exposure, risk appetite, benchmark rates, and index composition when interpreting credit-market information.