Akram, Tanweer; Pervin, Shahida - 2024
-term interest rate has a decisive influence on the long-term CGB yield, after controlling for various macroeconomic and financial … that the short-term interest rate has an economically and statistically significant effect on the long-term CGB yield of … long-term government bond yields through the short-term interest rate. The paper's findings evince that Keynes's claim …