2.5 years at a minutely frequency. The convenience yield on treasuries equals about 40 basis points, is larger below 3 … monetary stimulus reduce convenience yields, particularly during the crisis. We further study convenience-yield-free CIP …

2.5 years at a minutely frequency. The convenience yield on treasuries equals about 40 basis points, is larger below 3 … monetary stimulus reduce convenience yields, particularly during the crisis. We further study convenience-yield-free CIP …

counterfactual stock market index price change that results purely from the change in the default-free yield curve induced by the … monetary policy surprise. The yield curve change in turn partly reflects a change in expected future short-term interest rates …/odd week FOMC cycle in stock index returns is also largely due to an FOMC cycle in the yield curve rather than the equity …

macroeconomic factors or macro-risk on the yield curve of the SUN bond. Methodology - The type of data used in this study is … foreign exchange reserves effect inversely on the yield curve. The BI rate, inflation rate, and oil price have a positive … effect on yield significantly. Furthermore, the current account deficit has no significant impact on the yield curve for the …