This paper seeks to analyse the impact of government debt and other macroeconomic variables on the long term bond yield …-regressive distributed lag (ARDL) technique to estimate the determinants of the long-term bond yield. Our results show that the short …-term interest rate is the major determinant of the long term yield in both the short-run and long-run. Government debt and the US …

We show that government spending does play a role in shaping the yield curve which has important consequences for the … importance of timing in the response of yields to government spending. We find that the yield curve responds positively but …

We study the determinants of sovereign bond yield spreads across 10 EMU countries between Q1/1999 and Q1/2010. We apply … a semiparametric time-varying coefficient model to identify, to what extent an observed change in the yield spread is …

-term response of the Colombian long-term bond yield and other asset prices to shocks to the US long-term Treasury rate. We use daily …

autocorrelation in bond risk premia and because unexpected bond return shocks increase the premium. Yield curve momentum is primarily … due to autocorrelation in yield changes rather than autocorrelation in bond carry and can largely be captured using a … single bond return or yield change factor. Because yield changes are partly induced by changes in the federal funds rate …

yield components,we find that the UMP decreases the market component for all countries. It decreasesthe risk …

implying time-varying impulse responses of yield components. With short-term rate expectations at or close to the lower bound …