Book cover for Bonds in a Day

Bonds in a Day

Paperback

Synopsis

Details

08 May 2018
158 pages
9780857196354
Imprint: Harriman House

Reviews

As the title suggests, Bonds in Day is an introductory text to the world of bond mathematics. The author assumes no knowledge on the part of the reader and explains each new concept as it comes up in a simple and informative manner, often mixed in with a few humorous stories.... Any investor interested in improving their knowledge should purchase this book, a well written, step by step guide to this important market.
Along the way the commentary provides everything from an insight into the history of bonds, the relationship between the yield curve and economic cycle, and classification of different bonds and their risks. He makes good use of a wide range of off-the-wall analogies to lighten what can be a dry subject. For example, his comparison of how a monkey eats a banana can provide you with a guide to calculating how much interest a bond has earned.