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The Bond Book

Everything Investors Need to Know About Treasuries, Municipals, GNMAs, Corporates, Zeros, Bond Funds, Money Market Funds, and More
in: Investing
Summary:

The book serves as a comprehensive guide to the bond market, explaining various types of bonds including treasuries, municipals, and corporates, as well as investment strategies and risk assessment. It also covers the intricacies of bond funds, money market funds, and the calculations for yield and pricing, catering to both novice and experienced investors.

Key points:

1. Bond Basics: Learn key bond concepts like the inverse relationship between bond prices and interest rates, how to calculate yield to maturity, and factors affecting bond prices such as credit quality and duration.

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