Explore the Vasicek Model, an essential tool for describing interest rate evolution in bond markets. Learn about its parameters, applications, and limitations.
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.
Explore the practical applications of Option-Adjusted Spread (OAS) in bond valuation and portfolio management. Learn how to use OAS to identify relative value opportunities and optimize fixed income portfolios, while understanding its limitations.
Explore the comprehensive guide to Value at Risk (VaR) in fixed income securities, including calculation methods, applications, and limitations in bond portfolios.