The popular Nelson-Siegel (1987) yield curve is routinely fit to cross sections of intra-country bond yields, and …, modeling a potentially large set of country yield curves in a framework that allows for both global and country …-specific factors. In an empirical analysis of term structures of government bond yields for the Germany, Japan, the U.K. and the U …

The popular Nelson-Siegel (1987) yield curve is routinely fit to cross sections of intra-country bond yields, and …, modeling a potentially large set of country yield curves in a framework that allows for both global and country …-specific factors. In an empirical analysis of term structures of government bond yields for the Germany, Japan, the U.K. and the U …

. Consequently, since its launch as a store of value and unit of account, there has been a clear convergence between the yield of … on the yield spread of French 10-year bonds, relative to the German Bund of the same maturity for the period January 1999 …