16.2 Interest Rate Models

In this section

• 16.2.1 Short-Rate Models
  • Vasicek Model: Understanding the Equilibrium Short-Rate Model in Fixed Income Analysis
    Explore the Vasicek Model, an essential tool for describing interest rate evolution in bond markets. Learn about its parameters, applications, and limitations.
  • Cox-Ingersoll-Ross (CIR) Model: Understanding Interest Rate Dynamics
    Explore the Cox-Ingersoll-Ross (CIR) Model, a crucial tool in fixed income analysis, addressing interest rate volatility and bond pricing.
• Heath-Jarrow-Morton (HJM) Framework in Fixed Income Analysis
  Explore the Heath-Jarrow-Morton (HJM) Framework, a pivotal model in fixed income analysis, focusing on its application in modeling forward rate curves and pricing interest rate derivatives.