This paper examines the impact of Fixed Income Exchange-Traded Funds (ETFs) on corporate bond liquidity. I find that … between ETF ownership and bond liquidity. Moreover, ETFs do not appear to deteriorate the liquidity of their bonds during ETF …

the presence of institutional investors affects volatility and liquidity in secondary bank bond markets. We find that non …-bank financial intermediaries, in particular money market funds (MMFs), have a positive impact on secondary bank bond markets …% of the notional amount in the secondary market of a representative euro area bank bond. The effect is relative to the …

the value of long duration bond holdings, particularly those with low or zero coupons. As investors reposition their … potential capital losses in their bond holdings. This paper examines the relationship between long term bonds and crude oil (as … measured by the exchange traded proxies, iShares 20 Year Treasury Bond [NYSEArca: TLT], iShares 7-10 Year Treasury Note …

corporate bond and stock markets. Using a comprehensive bond dataset, we observe a significant momentum effect in corporate bond … returns and bond credit spread changes. The momentum effect in bond total returns, however, is confined to low-grade bonds and … bond credit spread, not the total return, is a more appropriate proxy to examine the response of bond prices to new …

investigating second order stochastic dominance relations, we find that the stock and bond indices tend to dominate the individual …% stock and 40% bond portfolio mix, portfolios consisting of long positions in gold futures and two different actively managed … indices are the only commodity investments to be included as long positions in a stock/bond portfolio. The results should be …

We document significant outperformance by government bond funds on important macro announcement days such as FOMC and …

pronounced for USTs given data on ten other previously unexamined government bond markets. Second, BABgov appears robust when … government bond markets remains ambiguous. …

In this paper, we empirically explore risk premia in mortgage covered bond markets. Using a large panel data set of … covered bond asset swap spreads, we study the impact of different legal and economic environments. Conducting an in … of high importance for explaining risk premia in covered bond markets …