Course Details
930: Bond Markets for Beginners (and the Curious)
July 6-8
9:45 AM -
11:15 AM
In-Person
The bond market is the largest market in the world, estimated to be $143 trillion. The US currently has 40% of this debt outstanding. This course explores why this market holds such a powerful influence over governments, corporations, and investors like us. We will explore in three days: the simple mathematics behind bonds; the different types of issuers and buyers; the short history of the tremendous growth of this global market; and, importantly, why the bond markets determine how much you pay for mortgages, credit cards, and auto loans, and why it commands the attention of politicians.
Class Type: Lecture and Discussion
Class Format: In-Person
Hours of Reading: No reading
Study Group Leader(s):
Robert MotykaRobert Motyka retired from the Federal Reserve Board in 2022 (1988 - 1997 and 2009 - 2022), working in bank supervision and regulation. He represented the Board on various subcommittees of global regulatory bodies. From 1997 to 2009, he worked as a global investment banker in London and New York, primarily in debt capital markets. He advised banks around the world in raising funds to strengthen their balance sheets and lend monies to their clients. Robert also advised bank management in navigating challenges to the changing bank regulatory environment.