Inflation Bets or Deflation Hedges? The Changing Risks of Nominal Bonds
收藏数据链接:
官方服务:
资源简介:
The covariance between US Treasury bond returns and stock returns has moved considerably over time. While it was slightly positive on average in the period 1953--2009, it was unusually high in the early 1980''s and negative in the 2000''s, particularly in the downturns of 2000--02 and 2007--09. This
提供机构:
美国国家经济研究局创建时间:
2009-02-01



