Bond and Money Markets: Strategy, Trading, Analysis

Analyzes various aspects of bond and money markets. This book describes rate swaps, money markets, financial market mathematics, interest-rate futures and technical analysis. It is suitable for bond salespersons, traders, corporate financiers and graduate trainees, as well as risk managers, operations professionals and business analysts.

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Bond and Money Markets: Strategy, Trading, Analysis explains and analyses all aspects of the bond and money markets and is both an introduction for newcomers and an advanced text for experienced market practitioners and graduate students. Those with experience of the industry at all levels will find the book invaluable as a standard reference work. The book features coverage of:



Government and Corporate bonds, Eurobonds, callable bonds, convertibles
Asset-backed bonds including mortgages and CDOs
Derivative instruments including bond futures, swaps, options, structured products, and option valuation models
Interest-rate risk, duration analysis, convexity, and the convexity bias
The money markets, repo markets, basis trading, and asset / liability management
Term structure models, estimating and interpreting the yield curve
Portfolio management, including total return framework, portfolio strategies, and constructing bond indices

and valuable insight into:



Trading and hedging strategy
Charting and technical analysis
The latest market developments, such as value-at-risk, and credit derivatives
Emerging markets and the benefits of international investment

The Bond and Money Markets: Strategy, Trading, Analysis is aimed at a wide readership including bond salespersons, traders, corporate financiers and graduate trainees, as well as risk managers, operations professionals and business analysts. Other market participants including fund managers, corporate treasurers, management consultants, regulators and financial journalists will also find the content useful.