Practical analysis for investment professionals

Negative Interest Rates

Vineer Bhansali: Negative-Yielding Bonds and Options

Anything that you want to price in finance has three key inputs, Vineer Bhansali says.

Vineer Bhansali: What’s Wrong with Negative Yields?

A negatively yielding bond violates a very basic, fundamental principle: the time value of money.

Top 10 Posts from 2020: COVID-19, The Silent Depression, Damodaran

What Enterprising Investor articles most resonated with readers in 2020?

Negative Interest Rates: Accentuate the Positive

Negative interest rates may offer an opportunity, says Eric Lonergan.

No Longer Superheroes? Twilight of the Bonds

With low, nil, or negative yields, how much can bonds still contribute to a portfolio?

Finance, Bubbles, Negative Rates: The What Ifs . . . ?

What if "normal" real interest rates are not coming back?

Negative Interest Rates: The Logical Absurdity

Upside-down rates do make sense. They reveal the high cost of staying solvent.

Top 10 Posts from 2019: Damodaran, Marks, Shiller, and Buffett

The leading Enterprising Investor articles from 2019 feature insights from some of the top luminaries in all of finance.

Negative Interest Rates: Carry an Umbrella at All Times

Negative interest rates are back! Should portfolio managers change their game plans because of them?

Recovery or Expansion? Abby Joseph Cohen, CFA, on the US Economy

The US economy is not just in recovery, it is now in an expansion, according to Abby Joseph Cohen, CFA.