Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10003754741
"We study the exposure of the U.S. corporate bond returns to liquidity shocks of stocks and treasury bonds over the period 1973 to 2007. A decline in liquidity of stocks or Treasury bonds produces conflicting effects: Prices of investment-grade bonds rise while prices of speculative grade bonds...
Persistent link: https://www.econbiz.de/10008666982
Persistent link: https://www.econbiz.de/10009579836
Persistent link: https://www.econbiz.de/10001905147
Persistent link: https://www.econbiz.de/10001086667
Persistent link: https://www.econbiz.de/10010208670