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Posts from the ‘Fixed Income’ category

Volcker Rule a Positive for Investors in Banking Sector? Yeah, If You’re a Bondholder.



On December 10th, U.S. banking regulators released the long-awaited final version of the Volcker Rule.  This piece of legislation – the main component of the Dodd-Frank Act – is meant to prevent firms from placing risky bets where only they stand to gain (i.e. proprietary trading).  You know,…

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From the Desk of Risk: Cloudy with a Chance of Higher Rates



The reason meteorologists aren’t held accountable for their rain or snow predictions is that weather forecasts are made in terms of probability statements rather than absolute outcomes.  This is why we forget the thunderstorms that failed to materialize and forgive the snowstorms that nobody…

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