14 of 15 people found the following review helpful:
4.0 out of 5 stars
Want to read just one bond book? Make it this one, August 5, 1998
By A Customer
This review is from: Bond Portfolio Management (Hardcover)
This is my favorite book on bonds. It is basic, but does not dodge technicalities; all necessary fundamentals are explained very clearly including why total return is more relevant than yield; real-world issues and market practices are addressed critically. A few peccadilloes take away the fifth star: the book is very US-focused, so European or Asian readers may want to look for a second source; it contains some typos; it gets overcommercial at times, as in "there is a formula for this, look it up in this other Fabozzi book"; and performance evaluation could be more detailed than "ring one of these software vendors". But great book anyway.
Help other customers find the most helpful reviews
Was this review helpful to you? Yes
No