4 ms·
I am surprised the inverted yield is not the natural state of affairs. In the options world, short expiry contracts pay a higher premium than long term contrac
by naveen99 7y ago
I am surprised the inverted yield is not the natural state of affairs. In the options world, short expiry contracts pay a higher premium than long term contracts. Long term loans are like wholesale as short term loans are to retail. Shouldn’t short term interest rates be higher ?