Mastering Interest Rate Risk Strategy

Introduction

If this were a textbook I would have started by explaining the techniques used for managing interest rate risk, followed by an analysis of past derivatives blunders and concluding with the analytical method for establishing an optimal interest rate risk strategy. However, as this is a practical guide for financial professionals, I assume that you have at the very least a basic knowledge of the subject. I wanted to make the book more interesting and valuable for you by starting with how not to do it! It therefore begins with past derivatives disasters. A great advantage of this approach is that rather than treating these disasters in isolation we can use these past errors as learning points throughout the whole book.

Mastering ...