The interest rate assigned to a particular investment grade corporate bond, collateral mortgage security (CMS) or Municipal Bond typically consists of two parts:

1. The Risk Free Rate as defined the U.S Treasury Market for each maturity, and

2. The added or incremental spread assigned to the subject bond, given its inherent Event Risk

Economic fundamentals serve as the predominant input for setting a government's long-term interest rate (Risk Free) policy. However, reliance on fundamentals alone for duration management (i.e., when to extend duration or when to shorten duration) has proven often to be inadequate. Instead, RWP employs statistical modeling ( i.e., normal & skewed distributions) and technical analysis ( i.e.. trend analysis) to help investors better manage their respective investment duration or bogey.

Accordingly, each business day the RWP Daily Bond Call is produced advising clients when to extend/shorten duration over a variety of timeframes using the UST 10yr cash as the US Treasury Market's Risk Free Interest rate proxy. Moreover, the RWP Weekly Markets Advisor is produced each week to provide trend analysis and evaluation with buy and sell levels for a variety of financial instruments in other market sectors (e.g., energy, precious metals, and currencies).