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Capital Markets


Understand how the financial system actually works — from Treasury auctions to repo markets to the mechanics of the 2008 crisis. This path covers the plumbing of finance that most investors never learn.

Before this course

These cover the assumed background. You can start here anyway — nothing is locked.

Understanding Bonds and Fixed Income · Stock Market Fundamentals

Lessons in this course

Work through them in order, or jump to whichever fits where you are. Every lesson is free and saves your progress locally.

  1. 01Treasury Securities Essentials
  2. 02Understanding Yield Curves
  3. 03Corporate Bonds & Credit Risk
  4. 04Introduction to Derivatives
  5. 05Repo Markets & Money Markets
  6. 06Mortgage-Backed Securities
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