Downward turn for bond yields after the rise of early summer
Vauhkonen, Jukka (13.10.2004)
Numero
3
2004
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201408074902Tiivistelmä
In early summer, modest US growth, interest rate and inflation expectations turned US bond yields to a decline, with European bond yields following suit. Interest rate differ-entials for corporate loans relative to government loans have been very low.