countries. We then show that restructurings involving higher haircuts are associated with significantly higher subsequent bond …

, due to new lenders such as China as well as the increasing dominance of central banks in global debt markets. Questions of …

, due to new lenders such as China as well as the increasing dominance of central banks in global debt markets. Questions of …

supply chains – and how this decision affects performance. We exploit matched customs and balance-sheet data from China …

How does uncertainty affect the costs of raising finance in the bond market and via bank loans? Empirically, this paper … finds that heightened uncertainty is accompanied by an increase in corporate bond yields and a decrease in bank lending … the value of the lending relationship and lowers the lending rate. Bond investors demand compensation for the increased …

prices and bond yields using fractional integration techniques. The model is estimated first over the period January 1966 … pandemic period. We find that the unit root hypothesis cannot be rejected for stock prices while for bond yields the results … differ depending on the maturity date and the specification of the error term. In general, bond yields appear to be more …

This paper analyses persistence and non-linearities in quarterly and monthly US Treasury 10-year bond yields over the …