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The 10th Man Archive, November 2014

I Had My Cake, Until I Ate It
  • November 20, 2014

I Had My Cake, Until I Ate It

After 30 years of declining interest rates, bond investors are beginning to worry that rates will go higher—especially after the events of May 2013.

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The Great Volatility Crush
  • November 6, 2014

The Great Volatility Crush

Ten years ago, when I worked on the equity index derivatives desk at Lehman, we used to sit around and dream things up. Like, we wondered out loud if you could actually create a volatility ETF.

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