Interest-rate term structures

So far, I mostly used flat interest-rates in my examples; that was for simplicity’s sake, since interest rates were not the focus of the previous chapters and I didn’t want to put too many irons in the fire.

In the next few chapters, I’ll finally cover a few classes that can be used to build interest-rate curves from market data. I’ll also show a couple of cases where unexpected effects can occur, or where things can go wrong.