"Bond Markets, Analysis and Strategies, 4th edition, takes a practical real-world approach to bond investing. It includes a detailed discussion of each type of bond and interest rate derivative instrument. The text features a comprehensive discussion of not only the instruments, but also their investment characteristics, the state-of-the-art technology for valuing them, techniques for quantifying interest rate risk, and portfolio strategies for using them.

These strategies include active strategies and structured portfolio strategies."--BOOK JACKET.