Fixed Income Sovereign

Handles government bond analytics from pricing and yield curves through duration and convexity. Use it when you need to bootstrap spot rates from par yields, calculate DV01 for hedging, or decompose TIPS breakeven inflation. Covers the full sovereign toolkit including forward rate derivation, key rate durations for non-parallel curve shifts, and second-order price approximations. The worked examples walk through realistic calculations like pricing a semi-annual coupon bond and estimating price changes with convexity adjustments. This is the foundation layer for fixed income work since corporate and muni spreads reference the Treasury curve.