Rising interest rates can be good news for bond investors
ANALYSIS: Higher interest rates aren’t the end of the world.
Inside the Yield Book: The Classic That Created the Science of Bond Analysis, by Martin L Leibowitz.
When thinking about an appropriate title for this story I remembered an article I wrote for the New Zealand Herald about 10 years ago called A Guide to Sell-Side Economics . The story was based on a paper written by London economist, Andrew Smithers, entitled A Guide to Stockbroker Economics .
He
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