The yield curve is the cornerstone of the global debt capital markets and as such understanding it is vital for the health of the global 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 who do not. This title provides a review of the latest research into the field taken from his book "The Bond and Money Markets" and updated with two additional chapters. It strips away the mathematics to reveal the basic concepts. This should enable readers to evaluate the contemporary and expected shape of the yield curve.
- ISBN10 0750659777
- ISBN13 9780750659772
- Publish Date 30 July 2004
- Publish Status Out of Print
- Out of Print 3 August 2016
- Publish Country GB
- Publisher Taylor & Francis Ltd
- Imprint Butterworth-Heinemann Ltd
- Format Hardcover
- Pages 352
- Language English