Recent Articles

"Making the Most of Interest Rate Derivatives," Bank Asset / Liability Management, December 2019.

"Managing Margins: A Primer on Hedging by Intermediaries," AFP Exchange, Fall 2019.

"Incorporating Expectations Into Hedging Decisions," Treasury & Risk, September 2019.

"The Demise of LIBOR:  What to Expect," PRMIA’s Intelligent Risk, July  2019.
                   (Listen to related mini-podcast hosted by Albert Lee, Summit, LLC)

"Bond Hedging Reconsidered:  Bonds Aren't Gold," Bank Asset / Liability Management, July 2019.

"Hedging with Caps and Floors," AFP Exchange, Summer 2018

"Satisfying Customers / Protecting Bank Portfolios,Bank Asset / Liability Management, June 2019.
"Managing Interest Rate Risk:  A Challenge for Bond Managers,"  Bond Buyer, May 2019.

“Understanding Basis Risk in Hedging Transactions,”  PRMIA’s Intelligent Risk, January 2019.

Hedging to Cope with Interest Rate Uncertainty,” Financial Managers Society Perspectives, December 2018.

Swaps, Collateral, and Ambiguous Accounting,” Futures and  Derivatives Law Report, October 2018.

"Interest Rate Swap Valuation Since the Financial Crisis:  Theory and Practice"

                    Journal of Economics and Fiance Education, Summer 2018.

Debunking the Myths about Derivatives,” AFP Exchange, Winter 2018

Update on Hedge Accounting Rules:  FASB Addresses Effectiveness Concerns,” The CPA Journal, March 2018.

Interest Rate Swaps: Economics and Accounting,” Bank Asset / Liability Management, July 2017.