Interest Rate Markets
Interest Rate Markets is an essential guide that features a framework for forecasting interest rate market movements, which offers numerous financial instruments that include bonds, swaps, futures, and options. It helps readers to focus with the structural nature of the rates markets, rather than focusing on mathematical models, and details the typical quantitative tools used to analyze the rates market. This book also presents the range of fixed income products on the cash side, interest rate movements, the derivatives side of the business, as well as the rate options and volatility trading. Interest Rate Markets are essential to acquaint newcomers with interest rate products, mathematical tools, and intuitive understanding concepts, and also useful for seasoned professionals and novices alike, with example sets, calculations, and trade construction methods.
Interest Rate Markets provides:
- Quantitative tools for valuing and assessing financial market risks
- Practical insights into rates products, including bonds and derivatives
- Dynamic approaches to understanding interest rates and related variables such as swap spreads
- Techniques for hedging and managing risks inherent in rate trades
- Assessments of common pitfalls of interest rate trades
- Lessons from previous market crises
- Effective methods for understanding the rate volatility market
This book:
- Emphasizes the importance of hedging and quantitatively managing risks inherent in interest rate trades
- Details 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 2008
- Includes exclusive access to the Interest Rate Markets Web site which includes commonly used calculations and trade construction methods