This paper econometrically models the dynamics of Swedish government bond (SGB) yields. It examines whether the short … reaffirm John Maynard Keynes's view that the central bank's monetary policy affects long-term government bond yields through … with empirical patterns discerned in previous studies related to government bond yields in both advanced countries and …

This study analyzes the magnitude of the US monetary policy spillover on the Indonesian local currency government bond …

Equilibrium bond-pricing models rely on inflation being bad news for future growth to generate upward-sloping nominal …

we label Convergence Gap (CG), contains information that is valuable for bond predictability. Adding CG in forecasting … regressions of bond excess returns significantly raises the R-squared, and restores countercyclical variation in bond risk premia … the path of rates, our factor has predictive ability for real bond excess returns. The importance of the gap remains …

This paper analyzes the joint dynamic processes of macroeconomic and monetary variables and bond yields in China. We … changes in macroeconomic and monetary variables. These results differ from an earlier study on bond yields by Ang and Piazzesi … policy is conducted in China …

whether John Maynard Keynes's supposition that short-term interest rates are the key driver of long-term government bond … nominal income-has an adverse effect on government bond yields over a long-run horizon. The models estimated here show that in … India, short-term interest rates are the key driver of long-term government bond yields over the long run. However, the …

Expectations of risky bond payments are unobservable and recovery rates for sovereigns are hard to estimate because …

The appearance of negative bond yields presents significant challenges for the fixed income markets, which mainly … negative sovereign bond yields. We conclude that the model adjusted well for all countries' yield curves, although no changes …

different borrowers that is distinct from the standard metrics gleaned from bond yields or credit-default swaps. As such, while …