Fabozzi's Bond Markets, Analysis and Strategies offers students practical advice for analyzing bonds and proven portfolio strategies for achieving client objectives. Using an applied approach, Bond Markets helps students quickly grasp and apply key concepts without getting bogged down in theory.¿ The Ninth Edition of Bond Markets introduces students to the state-of-the-art analytical tools and management strategies currently used by financial industry leaders, and uses real-world examples to engage students and help them achieve a deeper understanding of the complex information presented.
KEY TOPICS:
Pricing of Bonds; Measuring Yield; Bond Price Volatility; Factors Affecting Bond Yields and the Term Structure of Interest Rates; Treasury and Federal Agency Securities; Corporate Debt Instruments; Municipal Securities; International Bonds; Residential Mortgage Loans; Agency Mortgage Pass-Through Securities; Agency Collateralized Mortgage Obligations and Stripped Mortgage-Backed Securities; Nonagency Residential; Commercial Mortgage Loans and Commercial Mortgage-Backed Securities; Asset-Backed Securities; Pooled Investment Vehicles for Fixed Income Investors; Interest-Rate Models; Analysis of Bonds with Embedded Options; Analysis of Residential Mortgage-Backed Securities; Analysis of Convertible Bonds; Measuring Credit Spreads (new chapter); Corporate Bond Credit Analysis; Credit Risk Modeling; Bond Portfolio Management Strategies; Bond Portfolio Construction; Corporate Bond Portfolio Management (new chapter); Liability-Driven Strategies; Bond Performance Measurement and Evaluation; Interest Rate Futures; Interest-Rate Options; Interest-Rate Swaps, Caps, and Floors; Credit Default Swaps