Leveraged Financial Markets: A Comprehensive Guide to Loans, Bonds, and Other High-Yield Instruments

Business & Finance, Personal Finance, Investing, Finance & Investing, Investments & Securities
Cover of the book Leveraged Financial Markets: A Comprehensive Guide to Loans, Bonds, and Other High-Yield Instruments by William Maxwell, Mark Shenkman, McGraw-Hill Education
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Author: William Maxwell, Mark Shenkman ISBN: 9780071746694
Publisher: McGraw-Hill Education Publication: August 27, 2010
Imprint: McGraw-Hill Education Language: English
Author: William Maxwell, Mark Shenkman
ISBN: 9780071746694
Publisher: McGraw-Hill Education
Publication: August 27, 2010
Imprint: McGraw-Hill Education
Language: English
  • The high-yield debt market (junk bonds) is a major sector of the financial industry, with more than $600 billion traded annually, and interest in the market is on the rise
  • Features the insights of Marty Fridson (Fridson Vision), Sam DeRosa (CSFB High-Yield), Peter Tufano (Harvard University), and Darrell Duffie (Stanford University), among others
  • Includes models for analyzing probabilities of default and recovery
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