Browsing by Subject "E43"

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Conundrum or complication : a study of yield curve dynamics under unusual economic conditions and monetary policies

Cripwell, Peter ; Edelman, David (University College Dublin. School of Business. Centre for Financial Markets, 2008-03-04)

The definition of the decline of long term yields in the light of increasing short term yields as a conundrum by Chairman Greenspan in February 2005 has generated a significant amount of research. This paper presents a ...
Monetary policy surprises and international bond markets

Bredin, Donal ; Hyde, Stuart ; O'Reilly, Gerard (University College Dublin. School of Business. Centre for Financial Markets, 2006-10-04)

We examine the impact and possible pillovers effects of unanticipated monetary policy on international bond returns. First, we decompose international bond returns into news regarding future returns, real interest rates ...