Corporate and federal debt has increased over 350% in the last four years, accompanied by an explosion in the use of complex derivative products. To cope with this new market, fixed income traders -... This description may be from another edition of this product.
There are numerous books on the bond market. Many are so dense as to be opaque. Ray's book is very straightforward and simple. It gives you what you need to know about the fixed income markets in a direct fashion. Excellent for professional and academic alike.
Useful and realistic
Published by Thriftbooks.com User , 22 years ago
Book is great for those who want to know how bond trading really works, especially for those just starting out. Good for both salespeople and traders. However, the book is a decade old and has little on ETS and other recent developments. It also has many, many errors which are irritating, thus the 4/5. I should hope that these points are addressed in a second edition. It is otherwise well-written.
Excellent work - the best book to understand bond concepts
Published by Thriftbooks.com User , 25 years ago
Ms.Ray focuses on providing a clear conceptual framework for understanding fixed income concepts. The approach is highly intuitive and reader-friendly. A must for anyone trying to get to grips with the concepts of duration, BPV, vols, forwards, etc....
An indispensable tool to a fixed income trader or broker
Published by Thriftbooks.com User , 26 years ago
The Bond Market, by Christina Ray was one of the first books I read about fixed income securities that really explained how trading really is in the real world. I am happy to find another copy on ADC. This was used as a text in a class in Grad. school and I lost the book. Highly recommended.
Professionally written, and most of all PRACTICAL!!
Published by Thriftbooks.com User , 26 years ago
An extremely well written, concise and sometimes humorous explanation of how the bond market really works. I worked at the Chicago Board of Trade, and it is my opinion that Christina Ray truly understood the complexities and practicallities of the bond market in its entirety. A must read for anyone who thrives on information pertaining to getting the "edge" in an extremely competitive environment.
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