Bond Markets Explained: Why This $20 Trillion Market Matters More Than Stocks скачать в хорошем качестве

Bond Markets Explained: Why This $20 Trillion Market Matters More Than Stocks

When people think of "the market," they picture the New York Stock Exchange. But the bond market is so massive that the entire stock market is almost a rounding error. In this video, we break down how fixed income securities work, why they trade so differently from stocks, and the hidden risks that can bring the entire system to its knees. Key concepts covered: • Fixed income securities promise predetermined payoffs—you know exactly what you'll receive and when • The bond market exceeds $20 trillion, trades without a central exchange, and operates with far less liquidity than equities • Market intermediaries (dealers/market makers) face existential risk during crises when forced to absorb positions • The 1987 crash wiped out market makers who were forced to buy as prices fell 20% in a single day • Asset-backed securities grew from $0 in 1985 to $2 trillion by 2006—showing how fast financial innovation can reshape markets ━━━━━━━━━━━━━━━━━━━━━━━━ ORIGINAL SOURCE ━━━━━━━━━━━━━━━━━━━━━━━━ This video distills concepts from a longer lecture. Original:    • Ses 4: Present Value Relations III & Fixed...   All credit for the original educational content belongs to the source creator. This video aims to make these important concepts more accessible through condensed presentation. ━━━━━━━━━━━━━━━━━━━━━━━━ ABOUT LECTURE DISTILLED ━━━━━━━━━━━━━━━━━━━━━━━━ Long lectures. Short videos. Core insights. We distill lengthy academic lectures into focused concept videos that respect your time while preserving the depth of the original material. Explore our project: https://github.com/Augustinus12835/au... #FixedIncome #Bonds #BondMarket #Finance #Investing #FinancialMarkets #Economics #WallStreet