interest rates. While bond yields are not fully efficient?reflecting regulation, liquidity, and segmentation?we find they …: changes in PBC rates influence the structure of Treasury, financial, and corporate bond yield curves, which are then …

The Bank of England's current "quantitative easing" strategy has given rise to a controversial debate about the effects …

We analyze the European Central Bank's (ECB's) response to the global financial crisis. Our results suggest that even … increase in the ECB's balance sheet may have contributed to a reduction in government bond term spreads. …

development has been limited by hurdles confronting borrowers and lenders, current and potential liquidity providers, and …

United Kingdom, the euro area, and Japan during the recent crisis on interbank credit and liquidity risk premia …. Announcements of interest rate cuts, liquidity support, liability guarantees, and recapitalization were associated with a reduction …

Interest rates in China comprise a mix of both market determined interest rates (interbank rates and bond yields), and …

average, global spillovers pushed up bank bond and interbank spreads in Chile by about 50 basis points in 2008–12. While in … Chilean banks’ bond and interbank spreads into domestic and external factors. The results suggest moderate spillovers. On …

, whereas capital flows induced by foreign investors' transactions in government bond markets do not. We relate these …

This study empirically analyzes the determinants of bond market development in a cross section of 23 sub …-Saharan African (SSA) countries between 1990 and 2008. It considers the stage of development and the size of the bond market, as well … as the historical, structural, institutional and macroeconomic factors driving bond market development in SSA. The study …