Analysing and Interpreting the Yield Curve
von Moorad ChoudhryThe yield curve is the defining indicator of the global debtcapital markets, and an understanding of it is vital to the smoothrunning 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 yieldcurve. Fund managers that accurately predict the shape anddirection of the curve will consistently outperform those that donot.
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 thecurrent and expected shape of the yield curve
* An opportunity for market professionals to have anunderstanding of the latest analytical techniques.
Written by an experienced market practitioner, this book is aclear and accessible account of an important financial topic.
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 thecurrent and expected shape of the yield curve
* An opportunity for market professionals to have anunderstanding of the latest analytical techniques.
Written by an experienced market practitioner, this book is aclear and accessible account of an important financial topic.
