Move beyond buy-and-hold. Master the hidden plays in fixed income markets.
In today's volatile rate environment, traditional bond investing isn't enough. Cracking the Curve is a strategic deep dive into the advanced tactics used by professional bond traders to extract alpha, hedge risk, and enhance yield - across any curve, in any cycle.
Designed for traders, portfolio managers, and serious investors, this book arms you with the tools and frameworks to approach bonds not just as safe havens - but as high-potential trading instruments.
Inside, you'll learn how to:
Exploit yield curve shifts with butterfly, barbell, and ladder strategies
Trade the spread: identify relative value across sectors and durations
Apply macro and monetary analysis to anticipate rate moves
Use duration, convexity, and key rate duration for precision hedging
Incorporate options on bonds and rate derivatives into your strategy
Optimize cash flow, roll yield, and reinvestment tactics
Navigate inflation-linked bonds, callable structures, and credit spreads
With clear examples, real-world applications, and insight into institutional decision-making, Cracking the Curve transforms fixed income into a dynamic trading arena.
This isn't your grandfather's bond portfolio. It's your edge in the modern market.