Discover how reference rates like the SOFR and prime rate serve as benchmarks for setting interest rates, and explore their impact on mortgages and financial contracts.
One of the great dividing lines in the bond market is between fixed-rate and floating-rate debt. This difference has become especially stark since 2022, as the rise in short-term interest rates ...
Purchasing a home is one of the most significant financial decisions in a person’s life. Whether you are buying your first apartment, constructing a new house, or investing in a second property, ...
NEW YORK, Sept 19 (Reuters) - Spreads on U.S. interest rate swaps narrowed sharply on Wednesday, as short-term floating-rate lending costs between banks slid a day after the Federal Reserve's surprise ...
NEW YORK, March 13 (Reuters) - Investors in U.S. interest rate options are paying a premium for trades that will pay off if there is a dramatic drop in interest rates, suggesting the derivatives ...