Describe the term structure of interest rates, and explain the investment implications of the term structure.

Describe several factors that affect bond prices and yields.

Describe the key nonmarketable instruments available to a client

Explain what is meant by the money market and describe the key money market instruments.

Describe the various securities and interest rates related to the money market.

Describe the general characteristics of government and government-related bonds.

Describe the general characteristics of corporate bonds.

Explain the process of corporate bankruptcy.

Describe the different features of mortgage-backed securities.

Discuss other types of debt instruments, including international bonds, private placements, promissory notes, and insurance-based contracts.