commodities. The results also shows that green bonds are strongly connected with treasury bonds, aggregate bonds and bond index … highlights the hedging and diversification benefits of green bonds. We have several implications for portfolio managers, policy … economic downturn. Specifically, we examine quantile-based time-varying connectedness between the green bond market and other …

We document capital misallocation in the U.S. investment-grade (IG) corporate bond market, driven by quantitative … easing (QE). Prospective fallen angels - risky firms just above the IG rating cutoff-enjoyed subsidized bond financing since …

issuers. Nevertheless, the bond investors' sell-off after March 2020 was largely directed at bonds of larger, safer issuers …The rise of bond financing in EuropeUsing large panel data of public and private firms, this paper dissects the growth … of bond financing in the Euro Area through the lens of the cross-section of issuers. In recent years, the composition of …