Campbell Harvey, Professor of Finance, Fuqua School of Business, Duke University

In today’s world of markets, few relationships are better studied than the yield spread of risk free bonds with different maturities. The Funds rate vs. the 2 year, the 2 year vs. the 10 year , the 10 year vs. the 30 year, all constitute spreads that market participants find highly instructive in gauging macro variables like growth and inflation. Many academics have contributed to shining a light on the information content of the yield curve, and as a Ph.D. student at the University of Chicago in 1986, Campbell Harvey made one of the earliest and most important contributions. Over the course of his impressive career, Campbell’s research interests have been vast and his curiosity has led him to all corners of finance including derivatives, emerging markets, the time variation of risk premium, politic risk and how to measure luck versus skill.