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 … important to Swiss government bond yields than Swiss stock prices …

) approach. Keynes held that the central bank exerts decisive influence on government bond yields because the central bank … government bonds' nominal yields. Furthermore, the effect of the budget balance ratio on government bond yields is small but … statistically significant. However, there is no statistically discernable effect of the debt ratio on government bond yields. …

we label Convergence Gap (CG), contains information that is valuable for bond predictability. Adding CG in forecasting … regressions of bond excess returns significantly raises the R-squared, and restores countercyclical variation in bond risk premia … the path of rates, our factor has predictive ability for real bond excess returns. The importance of the gap remains …

This study analyzes the magnitude of the US monetary policy spillover on the Indonesian local currency government bond …

in EUR swap yields and their volatility. The results of the estimated models of EUR swap yields of different maturity …-term government bond yields and long-term market interest rates, primarily through their effects on the current short-term interest …