First Trust Investment Banking

We continually evaluate the current fixed income landscape and explore innovative new ideas.

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United States Treasury Inflation Protected Securities (TIPS)

The recent flood of stimulus money and liquidity into the global economy has brought about an increased fear of inflation. We believe TIPS can play an important role in an investor’s portfolio and have prepared this overview of TIPS to help investors better understand the mechanics and nuances of TIPS securities. - (January 2010)

Bond Type Curves

Our affiliate, BondWave LLC, developed Bond Type Curves™ as an innovative solution designed to provide a quantifiable and transparent approach to municipal bond price discovery. For the first time, market participants can use an empirically-derived, transparently-constructed municipal bond yield curve with defined inputs and a consistent methodology.

Bond Type Curves may be viewed
at BondWave LLC's website.

The American Recovery and Reinvestment Act of 2009

In this paper we examine the provisions contained in the American Recovery and Reinvestment Act of 2009 that affect the municipal bond market and attempt to draw conclusions about the possible ramifications for market participants.

White Papers