Dr. Meldrum, thank you for your continuous effort to broaden our knowledge!!
@sanjogkarki5977 Жыл бұрын
Thanks Mark for this. Looking forward for much more tutorials
@hockadog Жыл бұрын
The first 5 minutes just explained a question I've had for years. Thank you
@lessthanzero. Жыл бұрын
This is really useful for a student like me just starting in finance. Thanks, Dr.Mark!
@TheRiseofSuperman Жыл бұрын
Thank you once more for all the work you put into this channel. Your work has inspired me to purchase the Applied Series. I haven’t had a chance to go through the material yet because I’m currently studying for another securities exam., but I look forward to digesting the applied series soon. Thank you for this video in particular and again thank you for all your hard work,
@Felipe-rl8tz Жыл бұрын
Masterclass! Thank you for sharing so much knowledge
@georgekush349 Жыл бұрын
You do Gods work. Thank you Dr Mark!
@Anonymous-we4eu Жыл бұрын
Dr. Meldrum, thank you so much for your efforts and all the knowledge you share. But specifically, this video was so much needed, the fact that you made this video to address this topic speaks a lot about u and the kind of mentor you are, thank you very very much!
@jaytailor5048 Жыл бұрын
Dr. Mark, thank you for your content and your efforts to bring very valuable knowledge to professionals and students at zero cost. I look forward to your weekly content, both on KZbin and on your website.
@MarkMeldrum Жыл бұрын
Go to markmeldrum.com and register for free - get the 2018 CFA Level 1instead of 2017.
@imfromtoronto Жыл бұрын
Great videos by Dr. Meldrum! Very grateful for your insights!
@anshuanand90 Жыл бұрын
I appreciate this space so much.
@pavlovigor Жыл бұрын
Thanks so much, Dr. Mark!!! Very interesring and useful tutorial
@richardgordon Жыл бұрын
Many thanks Dr. Meldrum, much appreciated!
@MsSucka Жыл бұрын
I've been looking forward to this. Thank you!
@romanalejskova9353 Жыл бұрын
Thank you for this explanation, appreciated.
@breezefor5966 Жыл бұрын
Thank you very much Mark! :)
@76s68 Жыл бұрын
What does a positive or negative change in the yield curve mean? As an example, 01/01/2023 to 02/10/2023 the yield on a 2 yr treasury has changed 9bps. How and why does this happen and is this a good or bad thing? Also, I have been hearing that the Fed can only influence the front end of the curve, why is that the case if it is true?
@NoHedge Жыл бұрын
Super🔥👍
@karlelliott7669 Жыл бұрын
Thanks as always for such a clear and instructional video Dr. Mark. One question I have relates to the material from the 40.50 minute mark where you make the point that we should be indifferent between investing for 3 years and rolling over at the forward rates versus just investing for 3 years (makes perfect sense). It's mentioned that when we take the (appropriate nth-root of) the product of (1 + 1yr)(1 + f1,1)(1 + f2,1), that we should get back today's nominal 3yr (par) rate (i.e. 4.19%). My question is, from a technical standpoint should we not expect to get back today's 3yr spot rate (instead of the 3yr par rate)? From CFA Level 2 FI module, I had it in my mind that forward rates were derived from spot rates which made me think that while taking the product of the successive forward rates in the way shown would get us close to the 3yr par rate (i.e. would be a good approximation), that it wouldn't get us there precisely and that instead it would get us to the spot rate for that 3yr maturity instead. Am I going about applying this concept in the wrong way here ?
@MarkMeldrum Жыл бұрын
You can do that. Since the spot rates are derived from the par curve, and the forward rates from there, they all have the same common mathematical relationship.
@jazzyj2899 Жыл бұрын
mark's education will lift me up out of poverty. youtube comment MANIFEST!
@anshuanand90 Жыл бұрын
Thanks!
@WasteSecond9 ай бұрын
17:45
@ankitshah6892 Жыл бұрын
@49:40 Is it necessary that real rates would drop when (EFFR) drops (due to break even rates dropping)? It can also be the case that real rates have gone up keeping inflation the same. resulting in breaking even rates going down & lowering EFFR?
@saverio90 Жыл бұрын
Hi Dr Mark, very helpful! Is there any way to get european (German, French, Italian, UK) real rate yields?
@MarkMeldrum Жыл бұрын
I imagine whatever the treasury site is in each country.
@arishah2884 Жыл бұрын
Hi Dr. Mark, I am unable to get the same probability using the Fed Fund Futures Formula at Level 3 Derivatives for these interest rate hike decisions. Could you assist me with one? Perhaps it is done differently
@MarkMeldrum Жыл бұрын
The FFF considers the entire month - so if there is a meeting within the month - than the rate will reflect a split between pre- and post-meeting rates. CME's FedWatch tool does all this for you. As Einstein said, why remember something you can just look up.
@arishah2884 Жыл бұрын
@@MarkMeldrum Thanks Dr. Mark. :)
@tuanmai1235 Жыл бұрын
@36:00 Why do you use the real yield 1.66 instead of 1.46?
@Joshuaa.z Жыл бұрын
Cuando OAS? Gracias.
@chrisantrim925 Жыл бұрын
I still want to know where that sweet corporate bond rate table comes. All the corporate credit ratings combined
@MarkMeldrum Жыл бұрын
Koyfin.
@jakaisherriff8060 Жыл бұрын
Significance of dates across top on spreadsheet ?
@MarkMeldrum Жыл бұрын
Date of highest yield for this current tightening cycle.
@jakaisherriff8060 Жыл бұрын
Excellent. Thank you for insight
@Anon123454 Жыл бұрын
20:32 what is going on with that bookmarks bar my man?
@MarkMeldrum Жыл бұрын
Firefox default, not my choice.
@Anon123454 Жыл бұрын
@@MarkMeldrum You can remove them if you'd like by right clicking on them and deleting or moving them to a different bookmarks folder
@Dr.Vincent_D_Gilmer Жыл бұрын
Sooo how do I make money from this
@TuEIite Жыл бұрын
In the case that it's not a joke... This is to look at what the market prices-in or forecasts for rates. If you have a contrarian view, relative to what's priced-in, and you anticipate that the market will correct in-line with your view, then there's money to be made. Rates affect everything, discounted cash flows and cost of capital as obvious examples, and so there's a near infinite number of ways to put-on that trade and monetize that view. Up to you to find the best risk/reward trade offered to express it.
@mikhailn3217 Жыл бұрын
Thank you so much , waiting for other tutorials too