year in our estimation, which compares to the average issuance maturity for Germany, France, Italy and Spain before the … via yields. The combined impact of the PSPP via these channels amounts to maturity extensions at issuance of about one …

By adopting a dynamic ARDL transformation, we investigate the cointegrating relationship of the government bond debt … the common currency has not a uniform effect on the bond yields and there is a nominal convergence between Eurozone bond … yields based on money market determinants. The recent financial crisis indicates that the sovereign bond market convergence …

How should governments structure primary sovereign bond markets when investors face asymmetric uncertainty about … offer new evidence on the information content of primary bond markets which supports our framework …

kernel-based methods discussed in Giraitis et al. (2018), but relying on the estimation approach put forward in Morf et al …-varying compensation for expected and unexpected inflation shocks embedded in the sovereign bond yields of Germany, France, Japan and the … United States. Our empirical results suggest that the current environment of very low nominal sovereign bond yields, is a …

countries may face the risk of crisis of self-fulfilling debt. Throughout the world, debt management is distinct from monetary …

debts throughout the world. One explanation that the literature has offered is that nominal bonds make countercyclical …

bond yields of seven European countries. We find that some of the decisions have had significant impact on sovereign bond … economically most significant effects on the bond yields have been due to the announcement of ECB's Securities Market Programme …