Analysing and Interpreting the Yield Curve
The yield curve is the defining indicator of the global debt capital markets, and an understanding of it is vital to the smooth running 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 yield curve. Fund managers that accurately predict the shape and direction of the curve will consistently outperform those that do not.This groundbreaking new book offers:An intuitive account of a very important technical subject, cutting through the mathematics to reveal key conceptsMarket approaches to enable fund managers to evaluate the current and expected shape of the yield curveAn opportunity for market professionals to have an understanding of the latest analytical techniques.Written by an experienced market practitioner, this book is a clear and accessible account of an important financial topic.