maximize its revenues from public bond issuances. Some of these interventions can be thought of as characteristics of a … secondary market turnover requirements for primary dealers with respect to bond sales seem to be in general more adequate than … the definition of maximum bid-ask-spreads or minimum turnover requirements with respect to bond purchases. Moreover …

In this paper, we study the dynamics and drivers of sovereign bond yields in euro area countries using a factor model … mechanism of bond yields. Our key contribution is exploring both the global and the local dimensions of bond yield determinants … periphery euro area bond yields from the core countries yields following the financial crisis and the scope of their subsequent …

, which is more pronounced for higher maturities and when risk aversion proxied by bond market volatility is high. Going …