© Carlos Oliveira 2021
C. OliveiraPractical C++20 Financial Programminghttps://doi.org/10.1007/978-1-4842-6834-6_1

1. The Fixed Income Market

Carlos Oliveira1  
(1)
Seattle, WA, USA
 

The fixed income market is a large part of the financial industry, and it presents unique challenges and opportunities for its practitioners. A large amount of the money managed by pension funds and other institutional funds is allocated to fixed income investments. Because fixed income has a predictable income stream, conservative money managers view it as a safer investment option when compared to stocks and more exotic derivatives. As a result, traditional institutions commit a lot of time and effort to the fixed income industry.

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