10 Best Books on Bond Investing that will Help You to Decode the Bonds Market

best books on bond investing

I used to think that if there was reincarnation, I wanted to come back as the President or the Pope. But now I would like to come back as the bond market. You can intimidate everybody.

James Carville

But how can you differentiate yourself from everybody, and not feel intimidated in case Mr. Carville’s wish is fulfilled?

The simplest answer is just by learning more and more about the bond market. And to help you with that, today we are going to discuss the best books on bond investing.

We know that investing in bonds is less risky than stock market investing/trading. But, if you do not know the fundamentals and concepts, even the bond market is full of risks.

It is the fact that you learn more through your experience, but what is an experience if not the outcome of the execution of knowledge?

So, the first step is gaining knowledge and in our case, it will happen by knowing about the best books on bond investing.

So, if you are ready, let’s take a quick look at the list of best books on bonds.

List of 10 Best Books on Bond Investing

Here is the list of 10 bond investing books.

  1. The Strategic Bond Investor
  2. The Bond Book
  3. Bonds: The Unbeaten Path to Secure Investment Growth
  4. Bond Markets, Analysis, and Strategies
  5. The Coming Bond Market Collapse
  6. Bonds: A Step-by-Step Analysis with Excel
  7. Bond Investing for Dummies
  8. Managing a Corporate Bond Portfolio
  9. The Handbook of Municipal Bonds
  10. The Handbook of Convertible Bonds

Now, let’s discuss each of the books on bond investing in detail.

1. The Strategic Bond Investor

This bond investing book explains the different types of bonds and the risks associated with them.

The book also helps you to forecast the market behavior, which the bond investing strategies help you with.

If you don’t know how you can use credit ratings to your advantage, then Mr. Crescenzi also has something to tell you.

What makes ‘The Strategic Bond Investor’ one of the best books on bond investing is the techniques given by the author to make your bond investment returns as profitable as stock market returns.

2. The Bond Book

The author, Annette Thau, has written this book for both seasoned bond investors and equities investors.

If you are a bond investor who is looking for information on the fixed-income market or an equity investor who wants to diversify their portfolio, this bond investing book is what you need.

Mr. Thau will tell you about the safest bond funds and teach you to tackle the timing of ETFs, open-ended and close-ended funds.

Take a look inside the book:

3. Bonds: The Unbeaten Path to Secure Investment Growth

The authors are couple and veteran investors.

They are sure that their book is the unbeaten path to secure investment growth because they demystified the myth of superior investment returns by stocks.

To make your returns positive, they proposed an all-bond portfolio that will surely help you to achieve your financial goals.

This is one of the best books on bond investing as it is full of case studies, financial planning overviews, and detailed bond strategies, which are helpful for both novice and sophisticated bond investors.

Have a look at the content inside the book:

4. Bond Markets, Analysis, and Strategies

You should know that this is a widely-used textbook that explains analytical techniques, portfolio strategy, and fundamental features of bonds.

Here you will get practical applications of the principles and real-world examples to help you in bond investing.

The book on bonds also includes chapters that have theories and a history of interest rates.

The book is specially written for students but is available for all of us to know the depth of the bond market and techniques to win the bond game.

5. The Coming Bond Market Collapse

If a financial market of a specific country suffers, then other countries’ markets also dance on a similar beat, thanks to globalization.

The author, Michael G. Pento, is an adherent of the Austrian School of Economics.

In his book, he painted an alarming picture of huge interest rates shock.

He also provided strategies and techniques for investors to protect their assets and return from upcoming financial disasters.

Take a look inside the book:

6. Bonds: A Step-by-Step Analysis with Excel

In the beginning, the author provides you with hypothetical bond examples and then the real ones.

Using these examples, he teaches you to price a bond and calculate various measures of bond returns.

You learn the aforementioned concepts in chapter 1 and chapter 2 is all about estimating bond price’s volatility, convexity, and duration.

It is for sure that Mr. Guillermo has poured his heart into both chapters to make you understand the concepts and to make his book the best book on bond investing.

Have a look at the content inside the book:

7. Bond Investing for Dummies

‘Bond Investing for Dummies’ is for those who want to start their bond investing journey.

Aside from the fundamental concepts, Mr. Russell Wild teaches you different ways to select and purchase bonds as per your needs.

And how you can maximize the returns and minimize the risks involved while selling those bonds.

You will also get to read about different factors that affect your bond investments, like interest rates, and methodologies to protect and strengthen your portfolio.

If you are looking for bond market books for beginners, you must give this book a try.

Have a look inside the book:

8. Managing a Corporate Bond Portfolio

The authors have written this book for the general public, portfolio managers, strategists, and analysts.

This bond investing book is for all.

Here you get lessons regarding the corporate bond portfolio, where you gain insights into the latest trends, and how these trends drive prices.

There are various chapters in the book that help you to understand the concepts, sequentially. Some of them are about liquidity, trading, and trading costs.

9. The Handbook of Municipal Bonds

Did you know, Municipal bonds are exempted from the taxation policy?

But, still there exist issues on both the buy- and sell-side, which you need to know, and the best thing is that the authors have done their best to make you understand those issues and ways to resolve them.

The fundamentals are explained with elaborated examples. As you read the book, you get to know that the authors are only 2, but the contributors to this book are many.

Have a look inside the book:

10. The Handbook of Convertible Bonds

We have just talked about municipal bonds, now it’s time for convertible bonds.

The bonds that have features of equity and also of debt are called convertible bonds. Interesting, aren’t they?

But, this feature-y interest fades away, when you face the complexity, corporate bonds come up with.

But, no need to worry, ‘The Handbook of Convertible Bonds’ is here to make a convertible bond portfolio simple for you by teaching the techniques of bond pricing and risk management.

Have a look inside the book:

2 Comments

  1. Great books, one of my favourite book is the great investor by Robert Toru Kiyosaki.
    Also make a post of How to choose a right stock.

    1. Ohh Great! But, I think the book you are talking about is ‘The Intelligent Investor’ and it is written by Benjamin Graham, not Robert Kiyosaki. The latter is famous for writing ‘Rich Dad Poor Dad.’ Tell me if I am getting something wrong.

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