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"The Money Market" is a book written by Frederick Straker, which provides an overview of the workings of the money market, which is a part of the financial system that deals with short-term borrowing and lending of funds.
The book explains the various instruments that are traded in the money market, such as Treasury bills, commercial paper, and certificates of deposit. It also discusses the role of various institutions in the money market, including central banks, commercial banks, and money market mutual funds.
"The Money Market" provides an in-depth analysis of the factors that affect interest rates and the supply and demand of money in the market. It also explores the various techniques used in the management of money market funds, including asset allocation, duration management, and credit analysis.
Overall, "The Money Market" is a comprehensive guide to the functioning of the money market and provides valuable insights into the financial system. It is a must-read for anyone interested in finance, investing, or economics
