This study examines the spillover effects of U.S. monetary policy normalization on Nigeria 10-Year Treasury bond yield … exchange rate and inflation, rather than the U.S. 10-Year sovereign bond yield, are the key drivers of Nigeria 10-Year bond …

Switzerland as a case study. Our results suggest that Swiss asset price responses to ECB policy surprises are significant. They … depend on the type and nature of the surprise and change over time. Decomposing bond yields into expected short-term interest … rates and the term premium reveals that both signalling and portfolio rebalancing effects explain the responses of bond …

This paper carries out an empirical investigation of the impact on bond spreads of the announcement, purchases and exit … from the SNB's bond purchase program in 2009-2010. We find evidence in favor of a narrowing yield spread of covered bonds … bond spreads used allows us to identify this effect as a discounted portfolio balance effect of the expected purchases, as …