Bonds are a key component in every portfolio, making it essential that investors understand what exactly they are and how they function. Getting Started in Bonds, Second Edition has been fully updated and revised to take into account the ever-changing bond market as well as the current economic environment. This new edition explains the fundamentals of bonds in clear, easy-to-understand language. It includes in-depth coverage of a variety of debt products, from Treasury notes to high-yield junk bonds and everything in between. This comprehensive guide is an essential primer for anyone who would like to invest in bonds but doesn't know where to start. Getting Started in Bonds, Second Edition uses straightforward, accessible language that will help readers understand even the most complicated bond issues.
Sharon Wright (Byfield, MA) was, most recently, fixed-income sales director at Lehman Brothers. Previously, she was assistant vice president at Fidelity Capital Markets.
PART ONE: TYPES OF BONDS.
When Uncle Sam Needs a Dime: U.S. Government Bonds.
The "I Hate Taxes" Bonds: Municipal Bonds.
Investing in America: Corporate Bonds.
Bonds Including the Kitchen Sink: Mortgage-Backed Bonds.
Going Global: International Bonds.
Paid to Wait: Convertible Bonds.
Almost a Bond: Preferred Stock.
It's a Wrap: Wrapper Products.
PART TWO: FIXED INCOME FUNDAMENTALS.
My Word Is My Bond.
What Is It Worth to You?
Riding the Curve.
A Volatile Relationship.
PART THREE: FACTORS AFFECTING BONDS.
Is It the Moon, the Fed, or Your Mother-in-Law That Gets Bonds to Move?
PART FOUR: FIXED INCOME INVESTMENT STRATEGIES.
How to Buy.
What to Buy.
Classic Portfolio Strategies.
Fixed Income Web Sites.