The second installment of Salomon Brothers' Understanding the Yield Curve series exposes the gap between forward-implied rate changes and actual market expectations, revealing persistent risk premia that inform modern fixed income strategies.
Tags: Bond Risk Premium, ETFs, Fixed Income, Forward Rates, Market Expectations, Salomon Brothers, Survey Data, Term Structure, Treasury, Yield Curve
The first installment of Salomon Brothers' Understanding the Yield Curve series laid groundwork for systematic yield curve trading that remains relevant three decades later.
Tags: Bond Risk Premium, Convexity Bias, ETFs, Fixed Income, Forward Rates, Par Rates, Salomon Brothers, Spot Rates, Term Structure, Treasury, Yield Curve
The 1985 Salomon Brothers manual on duration and volatility remains a foundational text for fixed-income risk management, providing rigorous analytics and practical applications that persist in modern markets.
Tags: Bond Volatility, Convexity, Duration, Fixed-Income, Hedging, Interest Rate Risk, Modified Duration, Salomon Brothers, Systematic Strategies, Treasury Bonds