Reddit reviews Fixed Income Analysis (CFA Institute Investment Series)
We found 1 Reddit comments about Fixed Income Analysis (CFA Institute Investment Series). Here are the top ones, ranked by their Reddit score.
Wiley
We found 1 Reddit comments about Fixed Income Analysis (CFA Institute Investment Series). Here are the top ones, ranked by their Reddit score.
Bond Economics is pretty good blog resource. And the CFA book fixed income analysis is a really thorough read (academic though and made for post-grad study), you can find that at libgen rus or other places around the internet. Also Stephen Moyer has a book on distressed debt valuation is a super good read. That said, to get bonds outside of ETF's you do need a large amount of money and a premium broker.
​
EDIT (due to not reading the full Qu's): Vanguard bond ETFs are usually safer than holding one type of bond due to diversification risk. I.e from what I know about XTB you're getting one companies bonds.
​
In terms of yields, generally this calced by risk. The riskier the bond the higher the yield. A totally safe bond like a Western governments will have a low yield as investors are confident it will be paid back. A shitty corporate bond with no assets will have a large yield as it is risky.
​
There is also where bonds full in capitalisation rank. I.e those secured by assets (that investors can get to in case of default) will have a lower yield than those that are not secured.
​
The rabbit hole for how yield is calced goes very deep my man and has many moving parts. This has barely scratched the surface.