Bond Trader Calculators

[John Liu]

I’m interested in learning about the various vintage “bond trader” calculators.

Monroe, Lane, Compucom, perhaps others, made them.

Curious which was the best? Are they still accurate today? Do any calculate duration, convexity, YTW? Any set up to handle TIPS and preferreds?

I realize most of the desired calculations are now handled automatically and routinely displayed on your Bloomberg, Factset, etc screens, and there are PC/iOS apps plus DIY Excel forms. But there’s something cool about hardware.