Trading the Fixed Income, Inflation and Credit Markets
With a relatively unique approach to relative value that highlights the pricing links between the different products and how these relationships can be used as the basis for a number of trading strategies, this book is a comprehensive guide to the most popular strategies that are used in the wholesale financial markets. Beginning with four asset classes - cash products, forwards/futures, swaps and options, there may be a variety of different ways in which a particular strategy can be expressed. Although the main focus is fixed income the book does cover multiple asset classes including credit and inflation. Written from a practitioner's perspective, Trading the Fixed Income, Inflation and Credit Markets illustrates how the products are used by including many worked examples and a number of screenshots to ensure that the content is as practical and applied as possible.
Trading the Fixed Income, Inflation and Credit Markets is a comprehensive guide to the most popular strategies that are used in the wholesale financial Markets, answering the question: what is the optimal way to express a view on expected Market movements?
This relatively unique approach to relative value highlights the pricing links between the different products and how these relationships can be used as the basis for a number of trading strategies.
Written from a practitioner's perspective, the book illustrates how the products are used by including many worked examples and a number of screenshots to ensure that the content is as practical and applied as possible.
Table of Contents
Preface
Acknowledgments
About the Authors
Product Fundamentals
Pricing Relationships
Market Risk Management
Expressing Views on the Interrelationship between Products
Trading the Yield Curve
Trading Axioms: An A to Z 277
Notes
Bibliography