- Safe U.S. Assets and U.S. Capital Flows🔍
- Sovereign risk and financial stability🔍
- Sovereign exposures and low interest rates🔍
- Why are interest rates so low🔍
- Understanding Swiss real interest rates in a financially globalized ...🔍
- A global monetary policy factor in sovereign bond yields🔍
- Sovereign Risk🔍
- Sovereign Default and Liquidity🔍
Supply of Sovereign Safe Assets and Global Interest Rates
Safe U.S. Assets and U.S. Capital Flows
Holding demand for safe assets constant, the country that can supply more safe government bonds will pay a higher interest rate in equilibrium.
Sovereign risk and financial stability - Banco de España
DISTRIBUTION OF LONG-RUN INTEREST RATES ON SOVEREIGN DEBT (a) ... And in crisis times, there are scarce safe assets or investment opportunities able to match ...
hold, and whose funding costs depend on. “their” sovereign. Safe or “risk-free” assets are underpinning many financial products, liquidity rules require ...
Why are interest rates so low, part 4: Term premiums
Longer-term interest rates are quite low around the world. Figure 1 below shows ten-year government bond yields since 1990 for the United ...
Understanding Swiss real interest rates in a financially globalized ...
... supply of foreign versus domestic government bonds ... Foreign safe asset demand and the dollar exchange rate. The Journal ...
A global monetary policy factor in sovereign bond yields
the central bank of one country decrease the global supply of safe assets available to ... short-term interest rates, using the three-month Fed ...
Sovereign Risk: Definition, Types, History, Examples - Investopedia
Strong central banks can lower the perceived and actual riskiness of government debt, lowering the borrowing costs for those nations in turn. Sovereign risk can ...
Sovereign Default and Liquidity: the Case for a World Safe Asset
interest rate is determined through the global financial market equilibrium, the amount of safe asset ... supply, even the equilibrium with the highest ...
The fundamentals of safe assets - EconStor
Short term interest rates also fall, as investors rotate from risky to safe assets ... support to global risk appetite in the early Nineties (when the Fed Fund ...
With less room to reduce interest rates than during the 2008-2009 global financial crisis, central banks, especially in developed countries,.
Foreign Safe Asset Demand and the Dollar Exchange Rate
ascribe a special role to the U.S. as a provider of world safe assets. Keywords: Covered interest rate parity, exchange rates, safe asset demand, convenience.
LONG-TERM INTEREST RATES: A SURVEY - Obama White House
Safe Asset Shortage. Caballero (2006) argued even before the global financial crisis that the supply of relatively safe assets was failing to ...
supply safe assets to the foreign sector than others. This ... Global trends in interest rates. Journal of International Economics ...
A European safe asset: new perspectives - Bulletin
Still limited supply of sovereign safe assets in Europe compared to the United States ... in spreads between their interest rates and the rates.
Global Safe Assets - Semantic Scholar
A financial crisis reduces the supply of stores of value (δ, α). This pushes down the natural rate of interest. In model with nominal rigidities, this requires ...
Sovereign debt, interest rates, and the odds of getting a better deal
In the wave of sovereign debt crises during the 1980s, government decisions to default appear roughly related to global real interest rates.
In Search of Safe Havens: The Trust Deficit and Risk-free Investments
This is a real risk-free rate, and in the aggregate, it will be determined by the supply of savings in an economy and the demand for those ...
The Market for Safe Assets - Direction générale du Trésor
The study identifies a set of securities that play the role of safe assets according to these criteria and proposes an analysis of supply and demand for them ...
The Neutral Rate of Interest - Dallasfed.org
In addition, the longer-run neutral rate is likely to be influenced by trends in the global supply and demand for safe and liquid financial ...
Are Low Real Interest Rates Here to Stay?
... supply of safe assets has dete- riorated (Caballero and Farhi 2013), and this may have contributed to the fall in actual real interest rates seen recently.