We present a hybrid Heston model with a local stochastic volatility to describe government bond yield dynamics. The … is the model contribution. First, it captures changes in the yield volatility and predict future yield values of Germany … time series investigated. Then, the model describes convergence/divergence phenomena among European government bond yields …

This study examines the spillover effects of U.S. monetary policy normalization on Nigeria 10-Year Treasury bond yield … exchange rate and inflation, rather than the U.S. 10-Year sovereign bond yield, are the key drivers of Nigeria 10-Year bond …