It is true that it is, but I always thought it was underserved. It’s not particularly clear or insightful and it is very academic.
On interest rates and yield curves, a book I would recommend is Sadr’s Interest Rates Swaps and their Derivatives [1]. Unfortunately it is a bit dated and a lot happened since it was written. But it is a very good book to understand interest rate models, which focuses more on the intuition and practical aspects and which I think is a lot more useful to a professional.
On interest rates and yield curves, a book I would recommend is Sadr’s Interest Rates Swaps and their Derivatives [1]. Unfortunately it is a bit dated and a lot happened since it was written. But it is a very good book to understand interest rate models, which focuses more on the intuition and practical aspects and which I think is a lot more useful to a professional.
[1] https://www.amazon.com/Interest-Rate-Swaps-Their-Derivatives...