Research Writing

Insights from the research.

Technical writing on continuous-time risk analytics, yield curve dynamics, and the structural limits of discrete-time models. Written for practitioners who work with fixed-income risk every day.

More Research

Further analysis, in progress.

Term Structure Models
Affine Term Structure Models at the Zero Lower Bound

How shadow-rate extensions of Gaussian ATSMs handle zero-boundary constraints — and where they still fail under liquidity-driven dislocations.

Coming soon
Model Architecture
State-Dependent Diffusion: What gφ Actually Learns

An interpretability study of the Neural SDE's diffusion network — which yield maturities it learns to widen under stress, and how that maps onto realized regime behavior.

Coming soon
Risk Management
Duration Risk Under Regime-Switching Volatility

Why standard DV01 calculations built on GARCH-calibrated covariance matrices systematically understate duration exposure going into high-volatility periods.

Coming soon

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