This 1800 page textbook is a complete compendium of fixed income investments. It takes the reader/student from the basics of income instruments through portfolio management of complex fixed income strategies. For some it may be more than you wanted to know, and for some, with careful study, it will educate you like a professional portfolio manager. I liked the detailed explanations of instruments and the executive review of the chapters at the end which summarize the points covered in the chapter. It has been updated with the latest information from the "great recession" problems and lessons learned. It provides the reader an in-depth review of complex income investments. If you want to know the more than a cursory review of fixed income, then this is the book for your library. It will be an excellent reference source for many years to come. I highly recommend it.Read full review
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