Bond Market Rules: 50 Investing Axioms to Master Bonds for Income or Trading

Michael D. Sheimo’s Bond Market Rules is a clear and practical guide designed to help investors understand, navigate, and profit from the world’s largest financial market. While stocks often capture the spotlight, bonds remain the foundation of global finance, offering both stability and opportunity for those who know how to approach them. This book provides a set of 50 concise, time-tested rules (axioms) that help investors manage risk, build income strategies, and trade bonds with confidence.

The book covers every essential aspect of bond investing, from understanding yields, durations, and credit ratings to recognizing interest rate trends and central bank policies. Sheimo emphasizes practical, actionable advice rather than abstract theory, ensuring readers can apply lessons directly to their portfolios. With its focus on discipline, risk control, and strategic thinking, Bond Market Rules equips investors to maximize returns while protecting against market volatility.

Whether you are seeking consistent income, looking to diversify away from equities, or exploring trading opportunities in Treasuries, corporates, or municipals, this guide delivers the foundational knowledge and mindset required for success. Each axiom is straightforward, memorable, and geared toward helping investors avoid common pitfalls while capitalizing on long-term opportunities.

For income investors, traders, and professionals alike, this book serves as both a primer and a desk reference—a set of rules that stand the test of time in a market where discipline and patience are rewarded.

✅ What You’ll Learn:

• The 50 key axioms that drive successful bond investing
• How to interpret yields, durations, spreads, and credit ratings
• The impact of interest rates and central bank policy on bond markets
• Practical strategies for income generation and trading opportunities
• Risk management techniques for long-term stability

💡 Key Benefits:

• Simplifies the complex world of bond markets into clear principles
• Helps investors build income strategies with confidence
• Provides timeless rules applicable across all bond instruments
• Equally useful for long-term investors and active traders
• A compact reference guide for both professionals and individuals

👤 Who This Book Is For:

• Income investors seeking reliable returns through bonds
• Portfolio managers and traders looking for actionable bond strategies
• Beginners who want a straightforward introduction to bond markets
• Advanced investors who want a practical desk reference for bond trading

📚 Table of Contents:

• Part I – The Basics of Bond Investing
• Part II – Understanding Yields, Rates, and Durations
• Part III – The 50 Bond Market Axioms
• Part IV – Strategies for Income and Trading
• Part V – Managing Risk and Portfolio Balance
• Appendices & Index