Market players put their jobs on the line with every position they take. Any fixed income investor in the circumstance of being granted one wish would probably want to know what interest rates are going to do in the future. Economists and others have constructed models of interest rate behaviour, but no model works in all circumstances. The main aim of this book is to straddle the different worlds of theoretical models and practical market experience, while offering an interdisciplinary framework for fixed income investing and trading. <ul> <li>A focussed but very practical approach to fixed-income investment, aimed at practitioner market <li>Contains investment checklists and interviews with market practitioners <li>Offers an interdisciplinary framework for fixed-income investing and trading, and combines worlds of theoretical models and practical market experience </ul>
Little Red Riding Hood sets out into the forest to take a basket of goodies to her sick grandma. Along the way, she adds to her stores, picking beautiful flowers, gathering fallen acorns, and receiving a gift of some nice, sticky honey. She thinks these treats will cheer up her grandma. But little does she know that they might just save her from the Big Bad Wolf
An ostentatiously luxurious super yacht. The endless cerulean blue of the Indian Ocean. The sun warming your skin. Sounds like heaven? Not when you are hostage aboard, captured by bandits, waiting for the ship's owner to pay the ransom for your release and you find out he's going bankrupt. This is a story about paradise becoming a prison. When super yacht Talisman is hijacked on her way home to Cyprus from the Seychelles, stewardess Rachel still thinks she'll be spending Christmas in Cornwall. But negotiations with the owner, businessman Herr Liebe, now in Paris on the last leg of his honeymoon, leave his crew high and dry and moored a mile off the coast of Somalia, a warship impotently looking on. Captive aboard, living with their gun toting, khat chewing guards, the crew's belongings are ransacked and their supplies commandeered. Lars, the ship's captain, refuses increasingly forceful attempts to move them off the boat onto land, fearing that Herr Liebe's overriding concern is for Talisman and not the human lives aboard. He also knows that separated from the boat they will be virtually impossible to find in this lawless state. The arrival of the gang's translator and negotiator, Omar, a Boston educated, spectacle-wearing Somali, renews hope for their release, and to Rachel's delight, he can also play Scrabble. But at what price their freedom?