Bond Markets

2 credits · Owen Graduate School of Management

The course introduces tools for evaluating bonds and making fixed income investment decisions through an examination of five areas. First, it provides an overview of the credit markets, including U.S. Treasury securities, municipal bonds, corporate bonds, and the private credit markets. Secondly, it studies term structure of interest rates, bond pricing, and risk measures. Thirdly, it connects with corporate finance and valuation through studies of bond ratings and credit analysis. Fourthly, it examines the trading of the U.S. bonds and factors affecting liquidity and trading costs. Lastly, key issues in fixed income investing are discussed. MSF Prerequisite: MGT 6401. MBA Prerequisites: MGT 6331 and MGT 6430. [2]