Finding Sea Level For Interest RatesGuest Post
Finding Sea Level For Interest Rates by Harley Bassman, PIMCO
- ?Investors should consider whether the interest rate swap market offers a more useful and effective benchmark rate – especially in the longer term – than the standard U.S. Treasury yield.
- An internationally accepted rate structure may make more sense as a benchmark for a global economy.
It does not take an Einstein to recognize that most judgments in life are relative. Would the . . .
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