where traders exploit price discrepancies between markets or instruments to generate risk-free profits. For institutional investors, such as hedge funds or pension funds, risk-neutral models ...

In a hypothetical example, you might pay $950 today for a T-bill that will mature at $1,000, netting you a risk-free profit of $50. You can also buy longer-term Treasury notes that are close to ...

You’ll see that their views are decidedly mixed based on a number of risk factors the industry is ... process and the threats to project profits have expanded in recent years, and even more ...