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daerbao · October 2nd, 2006, 4:51 pm

I need to simulate (forecasting) the interest rate for future 10 years. Do you guys suggest to use HJM?Any suggestions are very welcome.It seems HJM is very popular in industry, right?Thanks!

KackToodles · October 4th, 2006, 3:32 pm

you can just eyeball a curve.

daerbao · October 5th, 2006, 1:39 pm

Would you please explain it a little bit detail.I have another question, for the CIR estimation the parameters, which kind of method we can use? It seems MLE is not so easy. Or the result is not so good. ANy other suggesion.