16.2.1 Short-Rate Models

In this section

• 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.