Severino, Federico; Cremona, Marzia A.; Dadié, Éric - In: Review of Economic Analysis : REA 14 (2022) 4, pp. 471-502
interventions affected the determinants of the yield curve. In particular, we apply Functional Principal Component Analysis to the … of the yield curve is unchanged with respect to previous months, although the shape of the mean yield curve completely … changed after target rate cuts. Bank of Canada was effective in lowering the whole yield curve and correcting the inverted …