Description
Are you looking for a way to protect your portfolio against volatility? Or are you simply looking for safety? Whether you are a would-be professional, an individual investor, or just in need of a refresher, you will find all the information you need to become an "instant expert" in this easy to understand seminar-in-a-book.
How the Bond Market Works offers an illuminating description of the fixed-income markets. This classic work, now in its third edition, will help you make sound bond investment decisions, and will guide you to sources of information that will help you manage these investments.
Among the essential topics covered are:
How a bond differs from a share of stock
• The relationship between bond price and bond yield
• How a bond issue is brought to market
• Interest earnings in the buying and selling of bonds
• New electronic bond trading systems and how they work
• How to manage a fixed income portfolio
In addition, a comprehensive glossary featuring more than 500 financial terms-from accrued interest to zero coupon bonds-makes this the perfect resource for anyone who wants to understand how the bond market works
ISBN:9780735202665
