DL Report

DL Report is our monthly white-paper level publication on issues around hedging and derivatives. Subscribers receive notifications to the publications. Our weekly newsletter, DL Monitor, presents more momentary insights on dynamics.

LIBOR - What's in a Name?

Names can have negative or positive connotations.  In the financial…

Is your Floating Rate Loan Really a Fixed Rate Loan?

Change impacts all aspects of life.  This is especially true…

Rates are Low and Falling: Should You Borrow Fixed or Floating?

5 Factors to Consider When Choosing Your Mix In our many years…

Swaptions: What Smart Borrowers Are Doing Now

Client Case Study: The Swaption With long-term interest rates…
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A Future Without LIBOR: Are You Ready?

This month’s DL Report provides a short and sweet cheat-sheet…
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Yield Curve Inversion: What it Really Means for Borrowers

The financial media has fallen all over itself of late to brow…
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Collars: The Hedge Smart Borrowers are Using Now

In our conversations over the years with borrowers of all shapes…
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Happy Holidays from Derivative Logic

First, a Thank You The DL Team would like to thank all of…
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How to Dissect a Fixed Rate

Not all Fixed Rates are the Same We are often asked if a fixed…
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Hedging with a Rate Cap or Swap? Buyer Beware

There are many ways to avoid some of the pitfalls when buying…
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LIBOR Replaced By SOFR - So Far, So Good?

Lenders and borrowers: the “haves” and the “have-nots”.…
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The ISDA Agreement: Borrower Beware

The ISDA agreement -  the seemingly incomprehensible document…
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The Once, Recent, and Future Fed

The United States got its first central bank in 1791, thanks…
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Borrowers: The Flat Yield Curve May be Your Friend

With all the talk of the flat yield curve in the financial media…
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Borrow Fixed or Floating? Your Road Map to the Right Decision

In our decades of assisting companies in their management of…
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Rates are on the Rise: What Smart Borrowers are Doing Now

Regardless of your or our personal opinion, it's undeniable…
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Your Guide to Choosing a Rate Cap Broker

As a commercial real estate broker, lender, attorney or accountant,…
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Beware the Flat Yield Curve

While the Fed’s 0.25% rate hike was totally anticipated, market’s…
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A Better Way to Hedge Your Future Term Debt

Now that the Fed seems to be on a consistent hiking path and…
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What the Fed's Great Unwind Means for Rates

The Beginning of the End of QE ("Quantitative Easing”). Its…
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Resist the LIBOR Drama

Freaked out by the recent announcement of plans to end the use…
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A LIBOR Eulogy? Not So Fast

Financial newswires have been abuzz recently with the formal…
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Refinance Risk vs. Interest Rate Risk

Certainty Will Cost You Most of us like certainty. Any time…
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Rate Cap, Swap and Collar: A Cheat Sheet to Managing Rate Risk

In our conversations over the years with borrowers of all shapes…
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Buyer Beware

We often hear from clients, and especially prospects, that, when…
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Dodd-Frank and The Illusion of Transparency

For the majority of middle market borrowers, broadly defined…
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How to Choose a Rate Cap Broker

As a commercial real estate broker, lender, attorney or accountant,…
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Time to Terminate Your Swap?

Most borrowers never consider terminating or re-structuring their…
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Solving the Fixed versus Floating Rate Conundrum: Your Roadmap to the Right Decision

In our decades of assisting companies in their management of…
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Featured Currency Pair: USD-GBP

After dominating the financial headlines for most of Q2, the…
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Interest Rate Caps: Acceptable Counterparties and the New Reality

Interest Rate Caps An interest rate cap is a derivative product…
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The Yield Curve: What You’ve Always Wanted to Know but Were Afraid to Ask

Have you always wanted a crystal ball to tell you where interest…
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Common Hedging Pitfalls and How to Avoid Them

Case Study #1, Refinancing a floating rate loan hedged with an…
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Swap Fatigue?

Negative Mark-to-Market (''MTM") lt is likely that close to…
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The ISDA - A Hedger's Minefield

This long, and to many people, incomprehensible document has…
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Hedging in an Uncertain Interest Rate Cycle – Interest Rate Collar

Of the frequent publications we produce, this one is unique and…
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Negative Interest Rates: Friend or Foe?

We’re all bombarded with news of the imposition of negative…
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Swaptions 101

We are often asked how a borrower can lock-in long-term rates…
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Negative Swap Spreads and What They Really Mean

If you haven’t heard, there’s a lot of buzz going on in the…