Comment on the following statement: If an interest-rate model allows the possibility of negative interest rates, then

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Comment on the following statement: “If an interest-rate model allows the possibility of negative interest rates, then it is not useful in practice.”

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Bond Markets Analysis and Strategies

ISBN: 978-0133796773

9th edition

Authors: Frank J.Fabozzi

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Question Posted: Aug 22, 2015 07:39 AM

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Comment on the following statement: If an interest-rate model allows the possibility of negative interest rates, then

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All because an interestrate model allows for the possibility of negative interest rates does not imply it is not useful Furthermore allowing for the p...View the full answer

Bond Markets Analysis and Strategies

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