diff --git a/README.Rmd b/README.Rmd index 6359cb0..8aa8d1a 100644 --- a/README.Rmd +++ b/README.Rmd @@ -17,13 +17,13 @@ ustreasuries [![DOI](https://zenodo.org/badge/5738/grfiv/ustreasuries.svg)](https://zenodo.org/badge/latestdoi/5738/grfiv/ustreasuries) ### Treasury Rate Data -*ustreasuries* is an R-language package which downloads - * daily Constant-Maturity Treasury (CMT) yields from 1962 to the most-recently completed business day. - * daily prices for 400 Treasury securities from 2010 to the most-recently completed business day. +* Real-Time downloads of + * daily Constant-Maturity Treasury (CMT) yields from 1962 to the most-recently completed business day + * daily prices for 400 Treasury securities from 2010 to the most-recently completed business day ### Bond Analysis -Several models such as Nelso Seigel and Svensson are provided +Several models such as Nelson Seigel and Svensson are provided ### Derivative Analysis Drawing primarily on **Hull, 7th edition** [Hull](#Hull) *ustreasuries* includes many options-pricing models, all the Greeks and a number of utility functions, all of which have examples from Hull which demonstrate that they work correctly. diff --git a/README.md b/README.md index 9eff70d..b97d68c 100644 --- a/README.md +++ b/README.md @@ -5,14 +5,13 @@ ustreasuries ### Treasury Rate Data -*ustreasuries* is an R-language package which downloads - - * daily Constant-Maturity Treasury (CMT) yields from 1962 to the most-recently completed business day. - * daily prices for 400 Treasury securities from 2010 to the most-recently completed business day. +- Real-Time downloads of + - daily Constant-Maturity Treasury (CMT) yields from 1962 to the most-recently completed business day + - daily prices for 400 Treasury securities from 2010 to the most-recently completed business day ### Bond Analysis -Several models such as Nelso Seigel and Svensson are provided +Several models such as Nelson Seigel and Svensson are provided ### Derivative Analysis diff --git a/vignettes/summary.Rmd b/vignettes/summary.Rmd index bf4eb00..0ff1d99 100644 --- a/vignettes/summary.Rmd +++ b/vignettes/summary.Rmd @@ -16,8 +16,8 @@ US Treasury bonds are the standard by which all other bonds in the world are mea * The US Treasury bond market is the most-active and most-liquid securities market in the world * US Treasury bonds are the liabilities of the largest economy in the world -* Whatever the political chatter, the US is seen as the world's safest haven and in times of stress US Treasury bonds are where the world moves its money -* Again, polemics notwithstanding, the US is deemed almost-certainly secure and therefore the interest paid on US Treasury bonds is used as the 'risk-free' rate in all financial analyses (LIBOR was used for this until the world learned of the corruption in the City of London) +* The US is universally seen as the world's safest haven and in times of stress US Treasury bonds are where the world moves its money +* The US is deemed almost-certainly secure and therefore the interest paid on US Treasury bonds is used as the 'risk-free' rate in all financial analyses (LIBOR was used for this until the world learned of the corruption in the City of London) On the Internet, there is a lot of static/stale US Treasury bond data and some of these sources show up in various `R` packages. This package provides *real-time* daily **interest-rate** information for the US Treasury yield curve from 1962 to the present and *real-time* daily US Treasury bond **price** information for about 400 different bonds going back to 2010. More data downloads are planned.