that the extent to which fiscal variables affect domestic bond yields in emerging economies depends on the level of global … domestic bond yields in emerging economies. However, when market participants are on edge, they pay greater attention to …

, Japanese, and UK government bond and equity markets in a vector autoregression. The results suggest that U.S. financial shocks …

of foreign funds differs substantially across types of funds: bond funds are more sensitive to global factors and engage …

availability of an efficient FX derivatives market could help to attract a wider range of foreign investors and enrich the bond … core investor base, could help to ensure the stability and proper functioning of the bond market …

financial markets, especially in the case of the international bond market. A further successful liberalization of the Chinese … bond market would encompass not only loosening bond market regulations, but also further developing of other markets …

negative spillovers if global conditions were to become less favorable. This paper finds that domestic bond yields in emerging …

The paper investigates the international integration of EM sovereign dollar-denominatedand local-currency bond markets …. Factor analysis is used to examine movements insovereign bond yields and common sources of yield variation. The results … local currency bond markets are notas internationally integrated, and three common factors explain about 74 percent of …