Publisher's Synopsis
Written for managers and professionals in business and industry, and using a minimum of mathematical language, The Management of Bond Investments and the Trading of Debt addresses three key issues:
- Bondholder's options, risks and rewards in making investments in debt instruments;
- The dynamics of inflation, and how they affect both trading in the bond market, and investment decisions; and
- The democratization of lending, socialization of risk, and effect of the global economy on the bond market.