Usefulness of Bonds

 

1.  Introduction

 

 

 

Types of Risk

 

2.  Credit Risk

 

 

3.  Market Risk

 

 

4.  Reinvestment Risk

 

 

5.  Inflation Risk

 

 

 

Types of Bonds

 

6.  Treasuries & Corporates

 

 

7.  Zero Coupon Bonds

 

 

8.  Municipals

 

 

9.  Government Agencies

 

 

10. Agency Mortgage-backed

 

 

11. Eurobonds

 

 

12. Globals and Yankees

 

 

 

Review

 

13. Ready, Set, Go!

 

 

 

Portfolio Structure

 

14. Laddering Coupon Dates

 

 

15. Laddering Maturity Dates

 

 

16. Matching Scheduled Cash Needs

 

 

 

Yield Curves

 

17. Active Management: First Steps

 

 

18. Yield Curves Ahead

 

 

19. Reading Yield Curves

 

 

20. Unusual Curves

 

 

21. Using Barbells

 

 

 

Trading

 

22. Think about Swapping

 

 

23. Yield Pickup: Extending Treasuries

 

 

24. Yield Pickup: Swap Into Corporates

 

 

25. Yield Pickup: Buy Longer Corporates

 

 

26. Yield Pickup: Buy Financials

 

 

27. Agencies: Best of Both Worlds?

 

 

 

 

 

 

 

 

 

 

 

 

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