Zero-Spread Volatility

What is the 'Zero-Volatility Spread - Z-spread' The Zero-volatility spread (Z-spread) is the constant spread that makes the price of a security equal to the present value of its cash flows

Mortgage Backed Securities (MBS)

Mortgage Backed Securities In the financial world, there are plenty of ways to grow a portfolio. Mortgage-backed securities are instruments that offer a variety of benefits to those hoping t