Mollick, Andre; Soydemir, Gokce - In: Global Economy Journal 8 (2008) 1, pp. 4-4
This article connects net Japanese purchases of U.S. Treasury securities and the U.S. 10-year Treasury bond yields to the yen/dollar exchange rate. VAR estimations suggest that a one-time increase in net Japanese purchases has an immediate negative effect on U.S. long bond yields but a...