Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10003507772
The authors examine the relationship between changes in short-term interest rates induced by monetary policy and the yields on long-maturity default-free bonds. The volatility of the long end of the term structure and its relationship with monetary policy are puzzling from the perspective of...
Persistent link: https://www.econbiz.de/10005725949