Jonathan_Schachter

Is the CME Term SOFR Rate an Unbiased Predictor? A term or forward value of an interest rate in the ideal world is a perfect predictor of the future value of the rate.   For all practical purposes, we focus on…

Time to the end of LIBOR: 2 years, 1 month, 21 days. —————————– LIBOR is the mother of all interest rates. SOFR is emerging as its favorite child, so an effort should be made to understand it in some depth.…