The paper examines statistical and economic evidence of out-of-sample bond return predictability for a real … economic value for investors. Furthermore, we find that strong statistical and economic evidence of bond return predictability … levered investments in bonds can improve short-run bond return predictability …

Some key features in the historical dynamics of U.S. Treasury bond yields – a trend in long-term yields, business cycle …

Some key features in the historical dynamics of U.S. Treasury bond yields-a trend in long-term yields, business cycle …

explaining the bond premium. This feature can be viewed as an alternative to other features needed to generate a sizable term …