. Briefly, these include: (a) the GFC was not a liquidity crisis, (b) underwriting matters, (c) unregulated and unsupervised …

This paper studies the relationship between sovereign spreads and the interaction between debt composition and debt … correlation between spreads and debt levels. This correlation, however, is not statistically significant in countries where most … spreads is about one fifth of the corresponding correlation for emerging market economies. In Eurozone countries, however, the …

incompatible with the observation that risk spreads on peripheral bonds fell when QE in the euro area was announced. However, the … erscheinen, dass die Risikoaufschläge ('Spreads') für Anleihen von Peripheriestaaten mit der Bekanntgabe des QE im Euroraum …

. This might seem incompatible with the observation that risk spreads on peripheral bonds fell when the Euro area's QE was …

leads to the occasional sharp increases in interest spreads and the counter-cyclical, positively skewed equity issuance that …

explain the significant spread compression at the end of 2006. To determine whether ratings matter for spreads, the paper … risk aversion have become less important for emerging market spreads and that the effect of sub-prime news is less than the … effect of 'average news' on emerging economy credit default swap (CDS) spreads. …

spreads are both noisy signals of fundamentals and suggest ratings add value if, controlling for spreads, they help explain …

leads to the occasional sharp increases in interest spreads and the counter-cyclical, positively skewed equity issuance that …

between sovereign bond yield spreads and their fundamental determinants. Our results provide evidence of a new bond … characterised by a weakened link between spreads and fundamentals, but with higher spreads relative to the pre-crisis period and …