The Bond Book: Everything Investors Need to Know about Treasuries, Municipals, Gnmas, Corporates, Zeros, Bond Funds, Money Market Fun

I purchased the third edition and received the second edition. I did not notice in time to return the book.

Am nearly finished reading the 2nd printing of this excellent tutorial. Although I have been an avid buyer & seller of fixed income products for many years, the author did a superb job of furthering my mid-level expertise especially in the area of municipal bonds. Her plain language explanations were most welcome as opposed to the plethora of financial techno-babble tomes that share the bookshelf. 5 Stars without reservation.

This seemed to me the clearest and most comprehensive of the introductory bond books I've looked at, head and shoulders above the others. Thau has a vintage Ph.D. in French Literature and is careful and thorough w/o being pendantic--more auntly than professorial. The book was updated in 2000 and the very conservative portfolio advice at the end may resonate w/ more readers. There's a short section on internet investing, and a bit more math than at least one other reader suggests.

2000 has been the year to be in bonds. Bonds have provided much better returns than the stock market. This is the best book (out of four that I bought and read) on bonds that I have found. It is clear, easy to understand, and has everything you need to know to get started. The section on Treasury bond ladders is especially helpful.

This is a clear, thorough, comprehensive look at the world of bonds, starting with some general explanations and then going through each major category of bond in turn. The only problem is that the book is getting old and some of the examples and explanations are based on market conditions that no longer exist. However, the book is excellent and certainly stands the test of time.

I really liked this book. It was well written and organized clearly. Everyone is crazy about stocks, so not much is really known about bonds. I read another book on bonds and still was unsure. This book was different. It was clear and thorough on all types of bond issues and offers clear warning on risks. Bonds are not as safe as I thought - if you think they are, definitely read this book. Many good ideas on setting up safe portfolios that will do well over time.