key-rates

question: Suppose that the 12-month and 30-month spot rates are chosen as key rates. Plot the key rate 01 shifts. why is the 12-month shift plotted so that the shift starts from maturity 0 and then starts the decline from maturity 1 (12 months) onwards whereas the plotting the 30.month spot...

Hi David, I’m trying to wrap my head around key rates and therefore have a few questions. I tried searching the forum but couldn’t find the answer. In Tuckmans example all securities seems to have the same maturity as a key rate, but one point of key rates were to keep them as few as possible...