Description
Insider’s Guide to Fixed Income Securities and Markets presents to the reader – no, to the industry – the first comprehensive treatment of its kind, rich in backstory and overflowing with real-life examples that bring a hitherto dry subject to life. Drawing from over three decades as both an instructor and a practitioner, Mr. Carroll presents not only the theory behind each product, but also “how” and “why” of fixed-income trading and investing, interwoven with stories from the trenches and honed by interaction with thousands of students and colleagues. Products and markets covered include: -Introduction to Fixed Income Securities and Markets -Fixed Income Securities: Bond Contract Basics -Bond Math Basics: Bond Pricing -Bond Yields Explained -U.S. Treasury and Government Agency Securities -Yield Curves -Corporate Fixed Income Securities -Introduction to Mortgage-Backed Securities -Money Market Instruments -Municipal Securities -Asset Backed Securities (ABS) -International Fixed Income Markets -Risk Considerations for Globally Diversified Fixed Income Portfolios