Publications

Inside The Yield Book

Type
Link
Cost
Paid
Published
1972
Updated
2013
Full Name
Inside the Yield Book: Tools for Bond Market Strategy

Inside The Yield Book explains the significance of interest-on-interest and introduces the concept of realized compound yield, which can be used to predict future bond values.

  • Book has become a classic - is a reference Book for any bond trader
  • Written soon after Nixon terminated the gold standard and de-valued the dollar
    • This introduced the problems of floating currency values and volatile interest rates