To continue reading this content, please enable JavaScript in your browser settings and refresh this page. When companies borrow money, how their loans are structured ...

Single-party dominance in a state appears to lead to modest but measurable savings for local governments and lower yields in the secondary municipal bond market. Processing Content The impact of a ...

The evaporation of secondary bond market liquidity in Europe is one of the most worrying by-products of the region’s bank-funding crisis. Primary volumes in the first quarter of this year have been ...

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 ...