Items related to Inside the Yield Book; New Tools for Bond Market Strategy
Synopsis
Explains the significance of interest-on-interest and introduces the concept of realized compound yield, which can be used to predict future bond values
"synopsis" may belong to another edition of this title.
Review
"For active fixed–income investors, this book has always been the holy writ, where it all began. . . . Inside the Yield Book is the essential work for understanding what the entire investment process is all about." —Peter L. Bernstein Author of Against the Gods and Capital Ideas "It′s pure pleasure to revisit this innovative and authoritative bedrock of modern bond analysis . . . the description of Wall Street′s original ′rocket scientist′ encountering Salomon Brothers′ trading floor is worth the price of admission." —John Lipsky Chief Economist, JPMorgan Chase "This book transformed the markets′ understanding of bonds. The new material in this expanded edition extends those insights to equities and other investments––and the investment world is indebted anew to Sidney Homer and Martin Leibowitz." —Frank J. Fabozzi, PhD, CFA Editor of the Journal of Portfolio Management Frederick Frank Adjunct Professor of Finance at Yale University′s School of Management " Inside the Yield Book may not be where it all began, but it certainly is where it all began to be understood. The clarity and elegance of language and thought is startling. The new material will not disappoint. This book will live forever!" —Jack R. Meyer President and CEO, Harvard Management Company "Every participant in the fixed–income market needs to read and then reread this authoritative work." —Laurence Fink Chairman and CEO, BlackRock "The new edition gives us the best of both worlds: the complete classic that helped launch a golden age for fixed–income investing, and completely new sections that show how relevant and essential its wisdom remains today." —Lewis S. Ranieri Chairman, Hyperion Partners
About the Author
Martin L. Leibowitz is a managing director in the research department at Morgan Stanley. For the prior nine years, he was with TIAA–CREF, the world′s largest pension fund, where as chief investment officer he oversaw $300 billion in assets. Dr. Leibowitz is the author of five books and numerous articles, and winner of multiple Financial Analysts Journal Graham and Dodd Awards for his work analyzing equities and fixed–income investments. Sidney Homer, who died in 1983, was the founder and general partner in charge of Salomon Brothers′ bond market research department. Best known for his pioneering and analytical studies of bond market history and relative values and the economic forces which create bond market trends, he is the author of several books including A History of Interest Rates, The Bond Buyer′s Primer, and The Price of Money.
"About this title" may belong to another edition of this title.
Search results for Inside the Yield Book; New Tools for Bond Market Strategy
Stock Image
Inside the Yield Book : Tools for Bond Market Strategy
Published by
Pearson Education, Limited, 1972
ISBN 10: 0134675487
ISBN 13: 9780134675480
Used
Hardcover
Seller: Better World Books: West, Reno, NV, U.S.A.
Seller rating 5 out of 5 stars
Condition: Good. Pages intact with minimal writing/highlighting. The binding may be loose and creased. Dust jackets/supplements are not included. Stock photo provided. Product includes identifying sticker. Better World Books: Buy Books. Do Good. Seller Inventory # 2217735-6
Stock Image
Inside the Yield Book : Tools for Bond Market Strategy
Published by
Pearson Education, Limited, 1972
ISBN 10: 0134675487
ISBN 13: 9780134675480
Used
Hardcover
Seller: Better World Books, Mishawaka, IN, U.S.A.
Seller rating 5 out of 5 stars
Condition: Good. Pages intact with minimal writing/highlighting. The binding may be loose and creased. Dust jackets/supplements are not included. Stock photo provided. Product includes identifying sticker. Better World Books: Buy Books. Do Good. Seller Inventory # 2217735-6
Stock Image
Inside the Yield Book; New Tools for Bond Market Strategy
Published by
Pearson Professional Education, 1972
ISBN 10: 0134675487
ISBN 13: 9780134675480
Used
Hardcover
Seller: World of Books (was SecondSale), Montgomery, IL, U.S.A.
Seller rating 5 out of 5 stars
Hardback. Condition: Fair. First published in 1972, and then updated in 2004, Inside the Yield Book is the widely-read classic volume that led to the modern science of bond analytics. With the global nature of today's investment management process and the increasing complexity of financial instruments, we may seem far removed from the bond markets that authors Martin Leibowitz and Sidney Homer first wrote about over forty years ago, but the ability of this new Third Edition to explain complex relationships in the debt markets in a logical and often intuitive way remains unchanged. Divided into three comprehensive parts, this new edition is filled with what many would consider some of the best information regarding bonds you'll ever find. It contains the complete original edition of Leibowitz and Homer's classic, which basically created the science of bond analysis through clear explanations of bond portfolio management and the math behind bond yields and prices. It also includes the 2004 updates to the classic, which developed a horizon-based approach to present-value and showed how these concepts could be generalized beyond bonds to become useful in the analysis of virtually any investment opportunity, including equities. While the earlier editions of this reliable guide focused on a single bond that was continuously held either to maturity or to some specified horizon, many bond investments take the form of portfolios composed of multiple bond holdings and a continually changing bond composition. A completely new part of this Third Edition contains material coauthored by Martin Leibowitz, Anthony Bova, and Stanley Kogelman that reflects this reality. It provides valuable insights into the often-surprising return behavior exhibited by Duration Targeting (DT) portfolios--the most common form of bond management--over multi-year horizons. Engaging and informative, this new part addresses some practical concerns in this arena as it: develops a trendline-based zero coupon bond model of Duration Targeting; explores the relationship between yield volatility and return volatility; moves beyond theory and simulated returns to the recorded returns of actual Duration Targeted portfolios; analyzes the so-called laddered portfolios that commonly are used by individual investors; and much more. Whether you're an institutional or individual investor, trader, or analyst, if you're looking to enhance your bond analysis skills, this authoritative work covers essential concepts and contains illustrative examples that will allow you to excel in today's challenging bond markets. Seller Inventory # 00105212571
Stock Image
Inside the Yield Book; New Tools for Bond Market Strategy
Published by
Pearson Professional Education, 1972
ISBN 10: 0134675487
ISBN 13: 9780134675480
Used
Hardcover
Seller: World of Books Inc, Montgomery, IL, U.S.A.
Seller rating 4 out of 5 stars
Hardback. Condition: Fair. First published in 1972, and then updated in 2004, Inside the Yield Book is the widely-read classic volume that led to the modern science of bond analytics. With the global nature of today's investment management process and the increasing complexity of financial instruments, we may seem far removed from the bond markets that authors Martin Leibowitz and Sidney Homer first wrote about over forty years ago, but the ability of this new Third Edition to explain complex relationships in the debt markets in a logical and often intuitive way remains unchanged. Divided into three comprehensive parts, this new edition is filled with what many would consider some of the best information regarding bonds you'll ever find. It contains the complete original edition of Leibowitz and Homer's classic, which basically created the science of bond analysis through clear explanations of bond portfolio management and the math behind bond yields and prices. It also includes the 2004 updates to the classic, which developed a horizon-based approach to present-value and showed how these concepts could be generalized beyond bonds to become useful in the analysis of virtually any investment opportunity, including equities. While the earlier editions of this reliable guide focused on a single bond that was continuously held either to maturity or to some specified horizon, many bond investments take the form of portfolios composed of multiple bond holdings and a continually changing bond composition. A completely new part of this Third Edition contains material coauthored by Martin Leibowitz, Anthony Bova, and Stanley Kogelman that reflects this reality. It provides valuable insights into the often-surprising return behavior exhibited by Duration Targeting (DT) portfolios--the most common form of bond management--over multi-year horizons. Engaging and informative, this new part addresses some practical concerns in this arena as it: develops a trendline-based zero coupon bond model of Duration Targeting; explores the relationship between yield volatility and return volatility; moves beyond theory and simulated returns to the recorded returns of actual Duration Targeted portfolios; analyzes the so-called laddered portfolios that commonly are used by individual investors; and much more. Whether you're an institutional or individual investor, trader, or analyst, if you're looking to enhance your bond analysis skills, this authoritative work covers essential concepts and contains illustrative examples that will allow you to excel in today's challenging bond markets. Seller Inventory # CIN0134675487A
Stock Image
Inside the Yield Book: Tools for Bond Market Strategy
Published by
Prentice Hall, 1972
ISBN 10: 0134675487
ISBN 13: 9780134675480
Used
Hardcover
First Edition
Seller: Budget Books, Pasadena, CA, U.S.A.
Seller rating 5 out of 5 stars
Hardcover. Condition: Near Fine. Dust Jacket Condition: Near Fine. 1st Edition. Slight signs of edge wear to cover and dust jacket. Pages are clean and unmarked. Binding is square and tight. Seller Inventory # 11148
Stock Image
Inside the Yield Book: Tools for Bond Market Strategy
Published by
Prentice Hall Direct, US, 1973, 1973
ISBN 10: 0134675487
ISBN 13: 9780134675480
Used
Hardcover
Seller: Antiquariat VinoLibros, Nürnberg, BR, Germany
Seller rating 5 out of 5 stars
Condition: Very Good. Dust Jacket Condition: Very Good Jacket. 205 pp, Size: 8°. Eng. Seller Inventory # 017816
Stock Image
Inside the Yield Book; New Tools for Bond Market Strategy
Published by
Pearson Education Imports: Depos, 1972
ISBN 10: 0134675487
ISBN 13: 9780134675480
Used
Hardcover
Seller: SN Books Ltd, Thetford, United Kingdom
Seller rating 5 out of 5 stars
hardcover. Condition: Very Good. Orders shipped daily from the UK. Professional seller. Seller Inventory # mon0000458637
Buy Used
£ 17.03
£ 15 shipping
Ships from United Kingdom to U.S.A.
Ships from United Kingdom to U.S.A.
Quantity: 1 available
Seller Image
Inside the Yield Book; New Tools for Bond Market Strategy
Published by
Prentice Hall, Engelwood Cliffs, NJ, 1987
ISBN 10: 0134675487
ISBN 13: 9780134675480
Used
Hardcover
First Edition
Seller: Boards & Wraps, Baltimore, MD, U.S.A.
Seller rating 4 out of 5 stars
Hardcover. Condition: Very Good+. Dust Jacket Condition: No Dust Jacket. First Edition; Twenty-Second Printing. Cocked, rubbing to boards, fading to spine, brief bumps, toning. International shipping billed at cost. Photos upon request.; Inscribed in ink by Martin Leibowitz on first endpaper.; 4to 11" - 13" tall; 205 pages. Seller Inventory # 80192
Seller Image
Inside the Yield Book Tools for Bond Market Strategy
Seller: True Oak Books, Highland, NY, U.S.A.
Seller rating 5 out of 5 stars
Hardcover. Condition: Very Good-. Dust Jacket Condition: Very Good. 6.5 X 0.75 X 9.5 inches; 205 pages; Yellowing to pages. Great overall condition. Minor cosmetic wear. No noteworthy blemishes. No writing.; - We're committed to your satisfaction. We offer free returns and respond promptly to all inquiries. Your item will be carefully wrapped in bubble wrap and securely boxed. All orders ship on the same or next business day. Buy with confidence. Seller Inventory # HVD-30215-A-0
Stock Image
Inside the Yield Book: Tools for Bond Market Strategy
Seller: YESIBOOKSTORE, MIAMI, FL, U.S.A.
Seller rating 5 out of 5 stars
hardcover. Condition: As New. Seller Inventory # 0134675487-VB