frictions regarding cross-asset segmentation. We find that actively-managed equity funds and corporate bond funds linked within … accentuate the importance of collaboration between equity funds and bond funds within fund families.Institutional subscribers to …

will be nil. With heterogeneity in coefficients of relative risk aversion, safe assets can take the form of private bond …

deviations, and we show significant bond return predictability related to convenience yields.Institutional subscribers to the …

Two intermediary-based factors - a broad financial distress measure and a dealer corporate bond inventory measure … explanatory power and delivers further implications with empirical support.First, whereas bond sorts on margin-related variables …-moves even with non-corporate-credit assets. Third, dealers' inventory increases, and bond prices decline, in response to …

This paper develops an affine model of the term structure of interest rates in which bond yields are driven by …

-section of bond prices. Separately, we propose an alternative to the canonical representation of affine models introduced by Dai … available, and (v) it isolates those parameters which are not identifiable from bond prices alone if the model is specified to …

We examine whether there is a flight-to-liquidity premium in Treasury bond prices by comparing them with prices of …

predict bond returns. This paper shows that the statistical tests underlying this evidence are subject to serious small …