Ahrend, Rudiger; Catte, Pietro; Price, Robert W.R. - Economics Department, Organisation de Coopération et … - 2006
Long-term bond yields have been low in recent years both in nominal and real terms, and . especially in the United … paper finds that it is unlikely that any individual explanation can account for the level and profile of bond yields in … rates. Even though bond yields have started to rise in the early part of 2006, they are unlikely to go back to the levels …