Interest Rate Markets: A Practical Approach to Fixed Income
| Author | : | |
| Rating | : | 4.63 (615 Votes) |
| Asin | : | 0470932201 |
| Format Type | : | paperback |
| Number of Pages | : | 368 Pages |
| Publish Date | : | 2013-04-10 |
| Language | : | English |
DESCRIPTION:
"Five Stars" according to Amazon Customer. Very good. Good book, fresh perspective on the market! NYGiantsRangers Interest rate markets is a different book than many published for the rates space as it focuses on intuition. Unlike many rates books on the market, the aim is not to price complex securities, but rather to understand and forecast the movement of liquid rate products such as Treasuries, mortgages and swaps. There are very few equations in the book and the emphasis is on a logical thought process to forming views on rates.The book starts out with an introducti. NYC Guy said A Fixed Income text for AFTER Business School. As a former rates trader at a major institution, in my estimation, this book is simply the best text & reference for practitioners in the interest rates markets. For rates traders/salespeople, this book essentially replaces three books (Fabozzi's "Handbook of Fixed Income Securities", Belton's "The Treasury Bond Basis" and Burghardt's "The Eurodollar Futures and Options Handbook") you may have on your desk at work.While the other three texts (particularly the
He graduated cum laude with a dual bachelor's and master's in applied mathematics and statistics from Harvard University.. P. Siddhartha Jha is a Senior Analyst with Arrowhawk Capital Partners. Previously, as part of J. He spent five years there developing trade ideas, building quantitative models, and discussing market trends with institutional investors. Morgan's Fixed Income Strategy Team, he covered a wide range of rate
Treasury bonds to mortgage-backed securities, the U.S. interest rate market is one of the largest fixed income markets in the world.Interest Rate Markets: A Practical Approach to Fixed Income details the typical quantitative tools used to analyze rates markets; the range of fixed income products on the cash side; interest rate movements; and, the derivatives side of the business.Emphasizes the importance of hedging and quantitatively managing risks inherent in interest rate tradesDetails the common trades which can be used by investors to take views on interest rates in an efficient manner, the methods used to accurately set up these trades, as well as common pitfalls and risks?providing examples from previous market stress events such as 2008Includes exclusive access to the Interest Rate Markets Web site which includes commonly used calculations and trade construction methodsInterest Rate Markets helps readers to understand the structural nature of the rates markets and to devel
The experienced professional will find this book an indispensable resource on trading, hedging, and market indicators. These markets attract a wide variety of participants, from individuals and corporations to governments, and offer numerous financial instruments that include bonds, swaps, futures, and options. interest rate markets are some of the largest and most important markets in the world. Each of these instruments requires careful understanding of unique risks.Growing out of the author's experience as a fixed income strategist, Interest Rate Markets equips the reader with the knowledge and tools needed to rationally assess those risks for informed investment decisions. To develop a complete picture of fixed income space, it analyzes rate options and volatility trading.A detailed primer, Interest Rate Markets starts from the first principles to acquaint newcomers with interest rat