Yield Curve Essentials: Analyzing Term Structure Models, Curve Construction, and Economic Signals
Kindle Edition or EPUB + Converted PDF نویسندگان: Cyril Morrow
جزئیات
فرمت: Kindle Edition or EPUB + Converted PDF تاریخ انتشار نسخه الکترونیکی : July 22, 2026
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لینک: https://www.amazon.com/dp/B0H9X8X6WV
1,779,000 تومان
زمان تحویل: حداکثر 24 ساعت
توضیحات
Clear, practical, and technically grounded, this book explains how yield curves are built, interpreted, and used in real financial work. It moves from first principles to implementation, showing how rates, tenors, discounting, and no-arbitrage conditions fit together before advancing into bootstrapping, interpolation, smoothing, and validation.Readers get a full view of the curve-building process across multiple market settings, including government bonds, swaps, bills, futures-linked instruments, and multi-curve frameworks. The text also pays close attention to data preparation, quote conventions, accrued interest, and the common pitfalls that can distort curve construction.Inside the book, you will find:Foundations of spot rates, forward rates, par yields, and discount factorsStep-by-step curve construction with bootstrapping and consistency checksInterpolation and smoothing methods for stable, usable term structuresModel-free analytics such as level, slope, curvature, duration, and convexityParametric and no-arbitrage models, including Nelson-Siegel and affine frameworksCalibration and estimation techniques with numerical safeguards and diagnosticsEconomic signal analysis from curve spreads, dynamics, and historical decompositionRisk management applications such as key rate durations, scenario analysis, and stress testingThe final chapters bring everything together in a practical workflow, from raw market quotes to reproducible analytics and risk reports. Along the way, the book emphasizes clean implementation, transparent assumptions, and results that can be checked against market instruments.Ideal for quants, fixed-income analysts, risk professionals, and advanced students who want a rigorous guide to yield curve methods without losing sight of real-world usage.
1,779,000 تومان
زمان تحویل: حداکثر 24 ساعت