on the returns and valuation of bonds, there is hardly a consensus on the risk components of the yield spreads. This … article aims to investigate the effect of investor sentiment as a systematic risk factor on speculative bond yield spreads … period extends from January 1997 to August 2014. In the VAR models, speculative bond spreads and consumer confidence index …

This paper investigates the link between crude oil prices (COP) and green bonds through a rolling-window Granger … consistent with the price correlation model between oil and green bonds. Furthermore, the positive impact of the GBI on COP shows … that green bonds cannot moderate the oil crisis due to COVID-19, instability in the international political environment …