Fixed Income
Bonds, money markets, interest-rate derivatives, and credit — the mathematics of cash-flow valuation, yield curves, duration, convexity, and credit risk.
Details
- key concepts: yield curve, duration, convexity, swap spread, credit spread, OAS
- core questions: How is duration computed and used?, What does a 50bp parallel shift do to a 7-year duration bond?, How is OAS calculated and what does it mean?, What is the difference between Z-spread and OAS?
- related categories: banking-credit, macroeconomics, derivatives-options
- term count: 92