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Key Points

Course Summary

Go beyond the basics to explore complex bond market concepts and strategies.

 

Course Objectives
  • Define duration, explain what it measures, recognize its limits, and discern the differences as applied to individual issues versus funds
  • Recognize several types of yield curves and repeat the investment implications of each
  • Explain common yield curve strategies why an investor may choose to employ them
  • Apply credit risk and return considerations to investment decisions
  • Explain the role of credit in the bond market and the credit cycle
  • Recognize global currency dynamics and discuss currency risk management techniques
     
Course Agenda

Chapter 1: Deconstructing Duration

Chapter 2: Introduction to the Yield Curve

Chapter 3: Yield Curve Strategies

Chapter 4: Credit Fundamentals

Chapter 5: Currency Management

This material is intended to be of general interest only and should not be construed as individual investment advice or a recommendation or solicitation to buy, sell or hold any security or to adopt any investment strategy. It does not constitute legal or tax advice. Franklin Templeton Investments (“FTI”) shall not be liable to any user of this document or to any other person or entity for the inaccuracy of information or any errors or omissions in its contents, regardless of the cause of such inaccuracy, error or omission. All investments involve risks, including possible loss of principal.

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