This article describes the evolution of Treasury inflation-indexed debt securities (TIIS) since
their introduction in 1997. Over most of this period, TIIS yields have been surprisingly high …

In the study reported here, we set out to examine whether and how the availability of
indexed bonds might affect investors' asset allocation decisions. We used historical yields …

We analyze the behavior of world interest rates, focusing on the ramifications of European
Monetary Union. Our analysis indicates that nominal US interest rates tend to drive …

A handy reference to understanding key economic indicators and acting on them New
economic data are reported virtually every trading day. Investors, big and small, have to …

Inflation-linked bond markets have experienced significant growth in recent years. This
growth is somewhat surprising, for inflation-linked bonds cannot be considered a financial …

This study is focussed on estimating the real interest and inflation sensitivity in Spanish
market, proposing an extension of the Stone two-factor model and controlling for size and …

In recent years, monetary policymakers have monitored several meas-ures of market
expectations of future inflation. One of these measures is based on the yield differential …

What does the level of the real interest rates tell us about where the economy, or one's
portfolio, is headed? The answer to this question depends on one's estimate of the" …

A valuable guide to the essential elements of modern financial systems This book offers you
a unified theory of modern financial system activity. In it, author Edwin Neave distills a large …

We construct probability forecasts for episodes of price deflation (ie, a falling price level)
using yields on nominal and real US Treasury bonds. The deflation probability forecasts …