i know his books are highly recommended, but which ones specifically do you guys recommend? im looking for one that deals with fixed income mathematics (duration, convexity, swaps, credit spreads), bonds with embedded options, mortgage-backed securities, mortgage pipeline risk, etc. there are many books out there with many of these topics covered in a lot fo them so just wondering which one is the best.
They are all the same. It seems like each book just recycles the same articles over and over. They are just in a different order.
After spending $400+ on his books and having read each one of them half way thru…i have to agree with hezagenius. Same Crap…I would actually even look at the CFA texts for some guidance. Fabozzi is good at explaining theory most of the time but IMHO when it come to explaining the math and derivation of it…it gets hazzy. Is there particular info/subject you are looking for??? I have the MBS and securitization stuff…
The handbook of Fixed Income is the Bible for Bond guys. It is a practitioners guide and as the guys say, it doesn’t really get into the maths in depth. If you work in bonds you should own one/ have access to one. I just open it up every now and then and it fills you in on the fundamentals. I think it is a great starting point.