The paper investigates the impact of US quantitative easing (QE) on global non-financial corporate bond issuance. It … QE to global bond markets, namely flow effects (purchases) and stock effects (holdings). We control for a number of … bond issuance, especially in emerging markets, and that flow effects (i.e. portfolio rebalancing) were the main …

bond market movements of up to 73 developed and emerging countries between 1994 and 2011. To cleanly identify the existence … of spillover effects, we perform an explicit counterfactual analysis which pits bond market reactions to small revisions …

shift from bank finance to bond finance, at a time when the cost of market debt rose above the cost of bank loans. We show …

-term sovereign bond spread of Italy relative to Germany. After collecting data on relevant fiscal policy announcements, we perform an …

The global financial crisis rapidly spread across borders and financial markets, and also distressed EU bond markets … sovereign bond markets using a factor-augmented version of the VAR model in Diebold and Yilmaz (2009). We then provide a novel …

Programme and sovereign bond quotes to address the endogeneity issues. We propose an econometric model that considers … interventions succeeded in reducing yields and volatility of government bond segments of the countries under the programme. Finally …

We use realized variances and covariances based on intraday data from Eurozone sovereign bond market to measure the … countries and decreases the covariance of distressed countries' yields with German bond yields, suggesting a flight … news about third countries to the covariance between other country pairs. Bond purchases by the ECB under its Securities …