A comprehensive guide on the explosive growth of financial derivatives, driven by factors like volatile interest rates, financial deregulation, globalization, and advances in information technology. This section delves into the most commonly used financial assets, such as equities, interest rates, and currencies.
Learn about the impact of monetary policy on the economy, securities market, and the effects of inflation on corporate profits and price-earnings multiples.
Explore the various styles of fixed-income managers and how their strategies differ based on term-to-maturity, credit quality, and interest rate anticipation. Learn about the terms, frequently asked questions, and key concepts in fixed-income management.
Comprehensive guide for understanding the determinants of interest rates, including factors such as demand and supply, default risk, foreign interest rates, central bank policies, and inflation.
Comprehensive guide examining the multifaceted effects of interest rates on economic growth, savings, and investments.
Learn about the relationship between market expectations and interest rates in the context of investment decisions. Understand how inflation impacts nominal and real interest rates with detailed examples and mathematical formulas.
Comprehensive summary of economic fundamentals related to markets, GDP, business cycles, interest rates, inflation, and financial indicators. Important guidelines for understanding economic behavior in the Canadian context.
A comprehensive guide on the Bank of Canada’s monetary policy framework, focusing on the key tools of interest rates and money supply, and how these are used to manage inflation, demand, and economic stability.
Detailed guide on how the Bank of Canada implements monetary policy using various tools such as the target overnight rate, open market operations, and drawdowns and redeposits.
Comprehensive summary and insights on economic policies, fiscal and monetary strategies, and their impact on Canadian economy. Review vital concepts, challenges, frequently asked questions, and key takeaways for an effective understanding.
Learn about the intricacies of fixed-income securities, including risks, rewards, bond yields, pricing, and their relationship with interest rates. Understand the secondary market and factors affecting bond prices.
Understand the significance of the yield curve in bond markets, including the key theories explaining its shape: expectations theory, liquidity preference theory, and market segmentation theory.
Understand the intricate relationship between bond prices and interest rates, including how bond yields are impacted and examples with calculations. Learn to master bond investment strategies in varying interest rate environments.
Explore the impact of bond maturity on price volatility, illustrating why longer-term bonds are more volatile than shorter-term bonds. Learn with examples and detailed tables.
Understand the relative impact of yield changes on bond pricing. This section details how percentage changes in yield affect bond prices more significantly when rates are lower and explains the asymmetrical effects of yield increases and decreases.
Understand duration as a measure of bond price volatility, and how it can help investors make informed decisions. Delve into bond value changes, interest rate impacts, coupon rates, and time to maturity factors. Includes examples, table analyses, and further reading references.
A comprehensive guide to understanding floating-rate preferred shares, including their market conditions, examples, characteristics, and implications for buyers.
