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Analysing and Interpreting the Yield Curve Moorad Choudhry

Analysing and Interpreting the Yield Curve By Moorad Choudhry

Analysing and Interpreting the Yield Curve by Moorad Choudhry


£5.00
Condition - Very Good
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Summary

The yield curve is the defining indicator of the global debt capital markets, and an understanding of it is vital to the smooth running of the economy as a whole. All participants in the market, be they issuers of capital, investors or banking intermediaries, will have a need to estimate, interpret and understand the yield curve.

Analysing and Interpreting the Yield Curve Summary

Analysing and Interpreting the Yield Curve by Moorad Choudhry

The yield curve is the defining indicator of the global debt capital markets, and an understanding of it is vital to the smooth running of the economy as a whole. All participants in the market, be they issuers of capital, investors or banking intermediaries, will have a need to estimate, interpret and understand the yield curve. Fund managers that accurately predict the shape and direction of the curve will consistently outperform those that do not. This groundbreaking new book offers: * An intuitive account of a very important technical subject, cutting through the mathematics to reveal key concepts * Market approaches to enable fund managers to evaluate the current and expected shape of the yield curve * An opportunity for market professionals to have an understanding of the latest analytical techniques. Written by an experienced market practitioner, this book is a clear and accessible account of an important financial topic.

About Moorad Choudhry

Moorad Choudhry is a vice--president in Structured Finance Services with JP Morgan Chase Bank in London. Prior to this he worked as a gilt--edged market maker and Treasury trader at ABN Amro Hoare Govett Sterling Bonds Limited, and as a sterling proprietary trader at Hambros Bank Limited. Moorad has lectured on the bond markets at the London School of Economics, the ISMA Centre in Reading, London Guildhall University and the International Faculty of Finance, and is a senior Fellow at the Centre for Mathematical Trading and Finance, CASS Business School, London. He is a Fellow of the Securities Institute and a Fellow of the Global Association of Risk Professionals. Moorad's published work includes journal articles and books. He is also co--author of the book The Global Money Markets, written with Professor Frank Fabozzi. Moorad obtained an MA in Economics from the University of Reading and an MBA from Henley Management College. He is in the process of completing his PhD from Birkbeck, University of London. He is Editor of the Journal of Bond Trading and Management.

Table of Contents

Foreword. Preface. PART I: INTRODUCTION TO BOND YIELD AND THE YIELD CURVE. Chapter 1. Bond Yield Measurement. Chapter 2. The Yield Curve. Chapter 3. A Further Look at Spot and Forward Rates. PART II: YIELD CURVE MODELING. Chapter 4. Interest Rate Modeling Part I: An Introduction to Basic Concepts. Chapter 5. Interest Rate Modeling Part II: Dynamics of Asset Prices. Chapter 6. Interest Rate Models: Part I. Chapter 7. Interest Rate Models: Part II. Chapter 8. The Index--linked Bond Yield Curve. Chapter 9. Analysing the Long Bond Yield. PART III: FITTING THE YIELD CURVE. Chapter 10. Estimating and Fitting the Curve: Part I. Chapter 11. Estimating and Fitting the Curve: Part II. PART IV: THE YIELD CURVE AND RELATIVE--VALUE TRADING. Chapter 12. Yield Curves and Relative Value. Chapter 13. Approaches to Yield Spread Trading Using Government Bonds. Index.

Additional information

GOR003798376
9780470821251
0470821256
Analysing and Interpreting the Yield Curve by Moorad Choudhry
Used - Very Good
Hardback
John Wiley and Sons Ltd
20040210
374
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

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