bank of the bonds of their own sovereign should increase the risk for the remaining private bond holders. This might seem … initial fall in risk premiums may have been due to expectations of the bond purchases proving effective in lowering risk … own risk. Intuition suggests, and a simple model confirms, that, ceteris paribus, large purchases by a national central …

bonds of the own sovereign by the national central bank should increase the risk for the remaining private bond holders … announced. However, the initial fall in risk premia might have been due to the expectation of the bond being effective in … banks at their own risk. Intuition suggests, and a simple model confirms, that, ceteris paribus, large purchases of the …

-term real rates is even more limited and indirect.Moreover, long-term bond yields have fallen to unprecedented low levels … throughout developed countries. The influence of any single central bank on bond yields in its currency area must be quite …

The notes in this compilation review the main features (size, structure, etc.) of sovereign bond markets in euro area …

The notes in this compilation review the main features (size, structure, etc.) of sovereign bond markets in euro area …

On 6 September 2012 the Governing Council of the ECB decided on the technical details of new sovereign bond purchasing …