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| Introduction | p. 1 |
| Funds flows, banks, and money creation | p. 9 |
| The instruments in brief | p. 37 |
| Bond valuation | p. 71 |
| Duration and convexity | p. 85 |
| The banks : domestic operations | p. 111 |
| The banks : Eurodollar operations | p. 209 |
| The treasury and the federal agencies | p. 301 |
| Don't fight the fed! : the powerful role of the federal reserve | ... MOREp. 343 |
| The market makers : dealers and others | p. 411 |
| The investors : running a short-term portfolio | p. 455 |
| The federal funds market | p. 491 |
| The repo and reverse markets | p. 531 |
| Treasury and federal agency securities | p. 581 |
| Financial futures : bills, eurodollars, and fed funds | p. 693 |
| Treasury futures | p. 745 |
| Financial options | p. 793 |
| Eurodollars : cash time deposits and FRAs | p. 823 |
| Interest-rate swaps | p. 869 |
| Certificates of deposit | p. 923 |
| Bankers' acceptances | p. 943 |
| The commercial paper market | p. 967 |
| Bank sales of loan participations | p. 1017 |
| Medium-term notes | p. 1043 |
| Municipal notes | p. 1065 |
| Money market funds | p. 1099 |
| Table of Contents provided by Blackwell. All Rights Reserved. |
Anthony Crescenzi is chief bond market strategist at Miller Tabak & Co. and an adjunct professor in Baruch College's Executive MBA program. His work on the economy and markets is widely followed on Wall Street and has reached as far as the White House. Mr. Crescenzi makes regular appearances on financial television stations such as CNBC and Bloomberg, and is frequently quoted across the news media. Mr. Crescenzi's first book, The Strategic Bond Investor, was published in 2002.