Ehrmann, Michael; Fratzscher, Marcel; Gürkaynak, Refet S. - 2007
We study the convergence of European bond markets and the anchoring of inflation expectations in euro area countries …) has led to substantial convergence in euro area sovereign bond markets in terms of interest rate levels, unconditional …WORKING PAPER SERIES
NO 817 / OCTOBER 2007
CONVERGENCE AND
ANCHORING OF YIELD
CURVES IN THE
EURO AREA
by Michael …