Bond Duration and Convexity Explained
Duration measures a bond’s price move per 1% yield change; convexity is the correction that matters when rates move a lot. The math, with examples.
Month: August 2026
Fed Discount Rate Vote: 4 Banks Wanted a Hike, Board Held
Fed discount rate minutes released Aug 25 show four Reserve Bank boards voted to raise the primary credit rate to 4.00% by July 29 — up from two.
DKS -31%: DICK’S Comps +4.9%, Foot Locker -3.6%
Dick’s Sporting Goods stock plunged 30.7% after Q2 FY26 as Foot Locker proforma comps fell 3.6% and management cut the full-year operating income outlook.
Stock Warrants Explained: Why They Aren’t Just Long-Dated Calls
Warrants look like call options but are issued by the company and create new shares on exercise — a dilution difference that reshapes pricing and risk.
McKesson to Buy Precision Medicine Group for $2.25B
McKesson unveiled a $2.25B deal for Precision Medicine Group, doubling down on its fastest-growing segment: Oncology & Multispecialty.
Quantum Stocks Rip: RGTI +11%, IONQ +8%, QBTS +8%, QUBT +10%
Quantum computing names surged Friday as IonQ, Rigetti, D-Wave and Quantum Computing Inc. all posted 8-11% gains on Q2 results and fresh analyst calls.
Yankee, Samurai, Kangaroo: Foreign Bonds Explained
Yankee, Samurai, Kangaroo, Panda, Dim Sum — a field guide to foreign-currency bonds: what each is, where it trades, who regulates it, and why issuers use them.
Bond Market Undoes Treasury’s Buyback Fix in 48 Hours
Bessent’s doubled long-end buybacks pulled the 10Y from 4.72% to 4.65% in a session. More than half the rally was gone by the next close.
Nvidia Q2 FY27 Preview: $91B Guide, 3 Numbers That Matter
Nvidia reports Q2 FY27 after the close on Wed. Aug 26. The guide is $91B revenue at 74.9% GAAP margin. Here are the three prints traders will trade.
Private Equity 101: How PE Funds Actually Work
How PE funds are structured: GPs, LPs, 2-and-20, carried interest, hurdle rate, and the distribution waterfall — with a worked example on a $1B fund.