I have been studying the bond market for a few months. From what I have seen the bond market looks pretty straight forward. I noticed the yield curve, Fed interest rates, unemployment rates, stocks, effect the direction of this market. There is also good opportunities to hedge against the Euro or 5yr etc. Besides money management proper entry exit, what else is worth learning. The bonds market reminds me of more macro event. Could you please open my eyes to other things worth noting. Thanks
The only thing "straight forward" in finance is a bank account, everything else gets progressively more complicated !
The theory of bonds is relatively simple and "straight forward".
The practice will soon show you that the textbooks don't tell you everything.
For example, have you considered :
- Concerns surrounding limited price disclosure (hint: unlike equities, bonds is a bit more of a closed shop)
- How you're planning to evaluate credit risk (hint: its hard to do right)