In this paper, we propose a new method to assess the impact of sovereign ratings on sovereign bond yields. We estimate …

We document the existence of a global monetary policy factor in sovereign bond yields, related to the size of the … of expanding fiscal deficits on global bond yields, driving them to even lower levels. Our findings have important policy … increases in sovereign bond yields globally, widening spreads and currency depreciations of vulnerable sovereigns with severe …

The nominal bond yields for advanced economies rose sharply during the first quarter of the year. This note analyzes … the drivers of this increase across the jurisdictions and tenors of the yield curve. A key investor focus, in particular …, has been the rise in the nominal bond yields in the United States, which has had notable global financial stability …

-varying compensation for expected and unexpected inflation shocks embedded in the sovereign bond yields of Germany, France, Japan and the … United States. Our empirical results suggest that the current environment of very low nominal sovereign bond yields, is a …

The purpose of this paper is to study the compensation for inflation risks priced in sovereign bond yields. And we do … for expected and unexpected inflation shocks embedded in sovereign bond yields; and provides estimates of the real risk …-free rate. We show that nominal sovereign bond yields for Germany, France, Japan and the United States, reflect, over the more …