Fed: Convenience Yields, Risk Premiums, and the Interpretation of Oil Futures Prices During Times of Geopolitical Conflict
October 10, 2026
October 10, 2026
WASHINGTON, Oct. 10 -- The Federal Reserve issued the following Fed Notes article:
* * *
October 09, 2026
Convenience Yields, Risk Premiums, and the Interpretation of Oil Futures Prices During Times of Geopolitical Conflict/1
Erik Heitfield, Yang-Ho Park and Erfan Danesh
1. Introduction
Earlier this year the Middle East conflict led to one of the largest global oil supply shocks in history (Bordoff and O'Sullivan, . . .
* * *
October 09, 2026
Convenience Yields, Risk Premiums, and the Interpretation of Oil Futures Prices During Times of Geopolitical Conflict/1
Erik Heitfield, Yang-Ho Park and Erfan Danesh
1. Introduction
Earlier this year the Middle East conflict led to one of the largest global oil supply shocks in history (Bordoff and O'Sullivan, . . .