Warren Buffett has quietly turned ultra-safe government IOUs into one of the most important levers in his playbook, using Treasury bills as both a fortress and a springboard. If I want to understand ...

Do you pay taxes on treasury bills? Here's how treasury bill earnings are taxed, what forms to expect and what you can do to avoid surprises at tax time.

As explained in Prof. Robert Jarrow’s book cited below, forward rates contain a risk premium above and beyond the market’s expectations for the 3-month forward rate. We document the size of that risk ...

As explained in Prof. Robert Jarrow’s book cited below, forward rates contain a risk premium above and beyond the market’s expectations for the 3-month forward rate. We document the size of that risk ...