Understanding the behaviour of the equity yield and its relation to the bond yield is important for portfolio managers … previously greater than the bond yield-declined, while the bond yield rose and became higher. Research, seeking to understand … this, put forward the view that stock and bond return volatility is key. Evidence from the 2000s suggest that the relative …

factors have contributed to the recent decline in bond yields in the US. For that purpose, we start with a very general model … to establish a stable long-run relationship and find that the behaviour of bond rates in the last few years may well be … overestimation of bond yields is not unusual historically. Finally, our bond yield equation outperforms a random walk model in …

economies that had not been seen in decades. This pushed up interest rates, which in turn led to higher yields in global bond … markets. This study examines two distinct channels that transmit advanced economy inflation to emerging market bond yields by … and contraction in emerging market bond yields. Second, the shortrun effect of advanced economy inflation on the bond …