Cheap Convexity

Cheap Convexity

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Cheap Convexity
Cheap Convexity
What if r* is going up?

What if r* is going up?

The 'Celestial Stars' seem to be changing again

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Jon Turek
Jun 02, 2021
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Cheap Convexity
Cheap Convexity
What if r* is going up?
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There was a really great ECB Listens event last week at the Peterson Institute. The point of the panel was for the ECB, represented by its chief economist Philip Lane, to hear from experts in the academic community as the central bank is currently engaged in a strategic review. The presentation that stood out to me was from Kristin Forbes, former extern…

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