The End of the Risk-Free Rate: Investing When Structural Forces Change Government Debt

作者 Ben Emons著
出版社 McGraw-Hill Education
出版时间 2013年5月第1版
ISBN 9780071819527
定价 367.30

内容简介

APIMCOVPexplainswhygovernmentdebtisnolongerâ€œriskfree,â€thetrickle-downeffectthishasonmarkets,andhowinvestorscanprotecttheirmoneyaccordingly.Onceseenaseminentlystable,governmentbondsandTreasurybillsarenowconsideredvolatileinstrumentswithcreditriskcharacteristics.Emonshelpsreadersinvestwiselygoingforwardbyprovidingadetailedanalysisofthestructureofgovernmentbondmarketsandwhatpastgovernmentdebtrestructuringshaverevealedforthefuture.AuthorofTheFinancialDominoEffect(0071799583),theauthorisregularlyinterviewedforhisportfoliomanagementexpertisebyTheWallStreetJournal,FinancialTimes,andReuters,andheisafrequentspeakeratconferencesandnetworkingevents,wherehewillpromotethebook.

作者简介

BENEMONSisaportfoliomanageratPacificInvestmentManagementCompany(PIMCO)inNewportBeach,California.HepublishesonthePIMCOwebsite(www.pimco.com),inregularpublicationssuchastheGlobalCentralBankFocus(GCBF)andinViewpointscoveringarangeofcentralbankandmacroeconomictopics.HeisalsotheauthorofTheFinancialDominoEffect.

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