Great book - I studied with Galen and he is a great guy and the world expert on cash-futures basis. Well worth the price and a place in your library!

It was worth buying and reading. You should be able to achieve your goals and target your objectives properly with this book.

After reading the Doctors masterpiece three times, i had enough of his theta gamma explanations. I am an avid reader who greatly enjoyed the Doctor's complicated explanations. I totally agree with Elvis. Great work again doctor

This is simply the only truly readable and authoritative book on its subject. Terry Belton is acknowledged as being the foremost authority on futures research, and this book bears it out. If you're thinking about basis trading, or work in the derivatives market, this book is well worth a look.

(I should also mention that Terry is my boss..doesn't stop it being a good book, though. Hope I get that raise!)

I've been working in Futures & Options research for 3 years now, and this has proven to be the best refernce guide available. Terrence elucidates the concepts and mechanisms underlying the treasury bond basis with eloquence and intellect. His other work, Eurodollar Futures and Options, is also a great reference for the shorter end of the curve.

Dr. Belton has once again outdistanced himself from other writers on this topic. His clear concise style is refreshing.Belton provides all the technical details needed and presents them in a logical and easy to follow manner.A must for any risk manager. I strongly recommend this book and Dr. Belton's previos work, Eurodollar.

Terry Belton's contributions to this work are nothing short of tremendous. His unique ability to present advanced financial concepts in a meaningfully clear and concise framework is refreshing. Belton has successfully walked the fine line by creating a multifaceted text for both the fixed income neophyte as well as the experienced risk arbitrageur. While his detailed analytical and insightful discussions prove to be a pragmatic resource for investment professionals trying to manage their exposure to interest rate risk, his clarity allows the text to be a valued resource to students and beginners. A recommended strong buy for all people involved with fixed income markets.

Terry Belton's contributions to this work are nothing short of tremendous. His unique ability to present advanced financial concepts in a meaningfully clear and concise framework is refreshing. Belton has successfully walked the fine line by creating a multifaceted text for both the fixed income neophyte as well as the experienced risk arbitrageur. While his detailed analytical and insightful discussions prove to be a pragmatic resource for investment professionals trying to manage their exposure to interest rate risk, his clarity allows the text to be a valued resource to students and beginners. A recommended strong buy for all people involved with fixed income markets.

This is an excellent primer to the world of T-bonds arbitrage. The discussions are comprehensively detailed and written in daylight clarity. All vital analyses about treasury securities are elucidated concisely in a unified context. The author has a clear philosophical mindset and draws the reader's attention to areas beyond technical details. Clear buy recommended by a practicing trader.