from the Atlanta Fed
The answer to this question seems obvious simply from observing the secular comovement of global nominal yields across some advanced economies plotted in chart 1.
This observation raises the possibility that domestic bond yields, including those in the large U.S. Treasury market, may be anchored by global economic developments (see, for example, here and here), provision of global liquidity, and international markets arbitrage. The synchronized dynamics in global yields during the last few months serve as a stark reminder of the powerful role that global bond markets play in the transmission of country-specific shocks as well as of monetary and fiscal impulses.
Eislöwen feiern Derbysieg gegen Crimmitschau
radiodresden.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from radiodresden.de Daily Mail and Mail on Sunday newspapers.
Eispiraten Crimmitschau schießen sich aus Mini-Krise
otz.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from otz.de Daily Mail and Mail on Sunday newspapers.