Rating: 
Summary: This book is too simple, mostly words, no in-depth coverage
Review: A big disappointment. I would like to see some coverage of the important fixed income pricing models instead of basic introduction. It is a waste of money. Maybe good for people who have no idea about fixed income AND know nothing about asset pricing. The author is an adjunct professor. Ajunct professors are usually people who have very superficial knowledge in the topic. Good books must be written by the good RESEARCHERS in the field.
I decided to discard the book and choose a better one for my students.
Rating: 
Summary: A great book
Review: A great book that makes a complicated and necessarily highly quantitative subject accessible to a wider public.
Able to simply explain difficult concepts.
Probably the best in fixed income teaching.
Your money will be well spent. Congratulations to Bruce Tuckman.
Rating:
Summary: Unmatched clarity
Review: Books like Tuckman's are hard to come by. I'm currently preparing for the FRM certification exam and this is a recommended text. Of all the books listed as required readings for the exam, this is the one I have learned the most from. The first 4 chapters are worth the book price by themselves - from a clear understanding of discount factors to building rate curves - Tuckman always takes pains to illustrate real-world examples, but never skips essential math. I think the section on derivatives has by far the clearest explanation of the oft-used but little understood notion of risk-neutral pricing that I have seen to date. I'm still in part 2, but will take my time and re-read if necessary.
The only other remotely comparable book is by Martellini, Priaulet et al
Rating:
Summary: Fixed Income Securities: Tools for Today's Markets, Second E
Review: Fixed Income Securities: Tools for Today's Markets, Second Edition
by Bruce Tuckman is a highly readable, applications-oriented approach to one of today's hottest financial topics, this book shows how to understand and master the fixed income securities market. Using easy-to-follow charts and tables, the guide identifies and describes today's vast array of new fixed-income securities and shares market-proven approaches to fixed income application and risk control.
Rating:
Summary: Simply the best
Review: I have been browsing through dozens of books on fixed income. This is the only book that worth my money. I admire the excellent insights in all chapters. You can't afford to miss this book.
Rating: 
Summary: Excellent but not the best
Review: If you're looking for the best textbook on the subject, you need to get "Fixed-Income Securities: Valuation, Risk Management and Portfolio Strategies" by Lionel Martellini, Philippe Priaulet, and Stéphane Priaulet.It is the most up-to-date book on the subject. Moreover, you will get a lot of worked-out examples and end-of-chapter problems with solutions. It is the best investment you can make on a fixed-income book. Thank you,
Rating:
Summary: Excellent but not the best
Review: If you're looking for the best textbook on the subject, you need to get "Fixed-Income Securities: Valuation, Risk Management and Portfolio Strategies" by Lionel Martellini, Philippe Priaulet, and Stéphane Priaulet. It is the most up-to-date book on the subject. Moreover, you will get a lot of worked-out examples and end-of-chapter problems with solutions. It is the best investment you can make on a fixed-income book. Thank you,
Rating:
Summary: Excellent introductory fixed income book
Review: On the introductory level, this is perhap the best book in the market for fixed income security analytics. It does not have a lot of market convention details covered in Handbook of Fixed Income Securities by Fabbozi. However, for someone who just wants to know commonly how fixed income securities are valuated "in a nutshell," this is an excellent book to start reading.
Rating:
Summary: Pound for pound one of the best books on fixed-income!
Review: Pound for pound, this is one of the best books I have ever read on fixed-income. Sections on arbitrage arguments for valuation, and binomial lattice (tree) building for option pricing are clear, succinct and practical. They include both theory and working examples that the practitioner can use for actual model-building
Rating:
Summary: The best book out there...
Review: Since all of the reviews cover the first edition, it's definitely worth noting that the 2nd edition is much improved. I've read most of the introductory books on fixed income, and none explain the market as clearly and intuitively as Tuckman. Anyone who is joining a fixed income desk or who seeks to learn more about this area should pick up this book before any others. The repo markets, interest rate and asset swaps, forwards, and futures are all covered in excellent detail. There are few discussions of duration and convexity that rival this one. Overall, this book scores high in all major areas and is highly recommended by all those I know who have come across it.
| 
