The goal of this book is to find a middle ground, crystallizing the essential information that will be useful to investors and market professionals alike. Many important fixed income topics are discussed, but the text highlights the most important issues that impact a decision to buy or sell a given security.
For those of you new to fixed income, or in need of a refresher, the book will: Demystify the fixed income markets Provide a comprehensive analysis of all major debt instruments Explain macro-economic concepts and economic variables and their impact on the bond market Offer insight on structuring and managing a fixed income portfolio
For the more experienced investors, the book will: Provide a thorough analysis of more complex instruments, such as mortgage and asset-backed securities Apply appropriate valuation methods to a variety of fixed income securities Offer current economic and market commentary from Phillip Braverman, a respected economist
This book will be an invaluable resource to both the novice investor and the market professional. Less