Original PDF Ebook – Analysing and Interpreting the Yield Curve2nd Edition – 9781119141044

Original PDF Ebook – Analysing and Interpreting the Yield Curve2nd Edition – 9781119141044

Understand and interpret the global debt capital markets_x000D_
Now in a completely updated and expanded edition, this is a technical guide to the yield curve, a key indicator of the global capital markets and the understanding and accurate prediction of which is critical to all market participants. Being able to accurately and timely predict the shape and direction of the curve permits practitioners to consistently outperform the market._x000D_
Analysing and Interpreting the Yield Curve, 2nd Edition describes what the yield curve is, explains what it tells participants, outlines the significance of certain shapes that the curve assumes and, most importantly, demonstrates what factors drive it and how it is modelled and used._x000D_
Covers the FTP curve, the multi-currency curve, CSA, OIS-Libor and 3-curve models_x000D_
Gets you up to speed on the secured curve_x000D_
Describes application of theoretical versus market curve relative value trading_x000D_
Explains the concept of the risk-free rate_x000D_
Accessible demonstration of curve interpolation best-practice using cubic spline, Nelson-Siegel and Svensson 94 models _x000D_
This advanced text is essential reading for traders, asset managers, bankers and financial analysts, as well as graduate students in banking and finance.