The fixed income and foreign exchange markets have never been as challenging to operate in as they are today. The post-crash combination of reduced liquidity, higher operating costs, low interest rates and increased regulation mean that market makers and investors alike need to work harder to generate value and remain in full understanding of the markets.
This book brings together the best of detailed and original practitioner-orientated market research on many arcane and specialist areas of the bond and FX markets. Written by the No.1 ranked FX and bonds research desk at Commerzbank, the text offers varied and in-depth insight into specific topics of vital important to dealers and investors, including Cross-Currency Basis and Hedging, the Yield Curve, Overseas Issuance and Conversion Factors which will give investors a genuine edge in generating value. Written in accessible text, it is a must-read for all participants in bonds and FX.