Skip to main content
Dantes.io Logo
Dantes.io

Best resources to learnFixed Income & Bonds

Study sheet

Fixed income covers bonds and interest-rate markets. You will learn yields, duration and convexity, the yield curve, credit risk, and how government, corporate and securitised bonds are priced and traded.

8 resources · · How we curate

🎓Courses(2)

course

Interest Rate Models (EPFL)

Damir Filipovic's EPFL course builds the arbitrage-free term structure from the ground up: curve bootstrapping, stochastic short-rate and forward-rate models, swaps, caps and swaptions, plus credit risk, with graded quantitative assignments. Assumes stochastic calculus and delivers the machinery — HJM, short-rate models, curve construction.

advanced🇬🇧
course

Finance Theory I (MIT 15.401)

Covers present value, fixed-income securities (discount factors, spot and forward rates, yields, duration, convexity), equities, capital budgeting, portfolio theory, CAPM and options. Provides 20 lecture videos with slides, plus problem sets and exams with solutions; learners can price bonds and measure interest-rate risk.

intermediate🇬🇧

📚Books(2)

bookPaid

The Handbook of Fixed Income Securities, 9th Edition

The field's reference bible, roughly 1,900 pages: Treasuries, corporates, municipals, mortgage- and asset-backed securities, term structure, credit analysis, portfolio strategy and derivatives, each chapter written by a specialist practitioner. Fabozzi covers instrument-by-instrument market structure and conventions, including securitised product post-crisis. I Used as a desk reference rather than read cover to cover.

advanced🇬🇧
bookPaid

Fixed Income Securities: Tools for Today's Markets, 4th Edition

The standard practitioner-quant text: arbitrage-free pricing, DV01 and key-rate durations, convexity, post-crisis OIS discounting and multi-curve construction, plus repo, swaps, futures and mortgages, worked through real market data. Requires comfort with calculus. The book that rates desks and quant candidates are actually told to read.

advanced🇬🇧

🌐Websites(3)

website

Bond Ratings, Default Spreads and the Cost of Debt (Damodaran Data)

Aswath Damodaran's freely published mapping from interest-coverage ratios to synthetic credit ratings and the corresponding default spreads, refreshed annually. The standard way to price an unrated issuer's credit risk and back out a cost of debt.

intermediate🇬🇧
website

QuantLib – Open-Source Quantitative Finance Library

Home of QuantLib, the free open-source C++ library for quantitative finance with Python bindings. It implements yield-curve bootstrapping, interest-rate and equity derivative pricing, Monte Carlo and finite-difference engines, and market calendars, letting practitioners build and test production-grade pricing and risk models.

advanced🇬🇧
website

FINRA TRACE (Trade Reporting and Compliance Engine)

FINRA's mandatory reporting system for over-the-counter fixed income trades, covering corporate and agency bonds, Treasuries, and mortgage- and asset-backed securities. Its public data shows execution prices, yields and volumes, letting learners see how actively individual bonds and securitized deals trade.

intermediate🇬🇧

📄Papers(1)

paper

The U.S. Treasury Yield Curve: 1961 to the Present

The Federal Reserve Board staff paper documenting how its zero-coupon Treasury curve is fitted with the Nelson-Siegel-Svensson method, including instrument selection, estimation pitfalls and forward-rate extraction. Its parameter dataset is refreshed daily and used across academia. Teaches curve construction as it is actually done rather than as a textbook abstraction, and hands the reader a live, daily-updated dataset (federalreserve.gov/data/nominal-yield-curve.htm) to reproduce the work.

advanced🇬🇧
Share this topic

More in Investing & Trading

See all 31 topics in Investing & Trading →

Frequently Asked Questions

What are the best free resources to learn Fixed Income & Bonds?

Dantes has curated 8 resources for Fixed Income & Bonds, including 2 books, 2 courses, 3 websites, 1 papers. All resources are hand-picked for quality — no algorithmic filler. Browse the full list above to find the format that works best for you.

Is Fixed Income & Bonds hard to learn?

Fixed Income & Bonds is approachable at the beginner level — there are resources here specifically for those starting from scratch. As you progress, intermediate and advanced material is also available to take your skills further.

What types of Fixed Income & Bonds learning resources are available on Dantes?

For Fixed Income & Bonds, Dantes has curated 2 books, 2 courses, 3 websites, 1 papers. Each resource type serves a different learning style: videos and YouTube for visual learners, books for depth, courses for structured progression, and websites for quick reference.

How does Dantes select Fixed Income & Bonds resources?

Dantes is an algorithm-free learning directory. Resources are hand-curated based on quality, accuracy, and usefulness — not engagement metrics or paid placements. The goal is to surface the best learning material for Fixed Income & Bonds, whether it's a free YouTube series, a classic textbook, or an open courseware from a top university.

Go deeper

Test your understanding of Fixed Income & Bonds

Explain it out loud. An AI tutor listens and asks questions that expose gaps you didn't know you had.