Market embraces ISDA pact to automatically substitute a replacement rate for hundreds of trillions of dollars worth of interest-rate swaps, futures, and options.
In this unique time of disruption, U.S. businesses face a challenging marketplace in which interest rates are not only historically low, but may possibly go negative. Here's how treasurers can achieve their operating cash goals in this unprecedented environment.
China's trial issuance of a digital yuan has some officials concerned about whether the dollar will remain the world's dominant reserve currency in the long term.