Post-FOMC Announcement Drift in U.S. Bond Markets
收藏NBER2018-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w25127
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资源简介：
The sensitivity of long-term rates to short-term rates represents a puzzle for standard macro-finance models. Post-FOMC announcement drift in Treasury markets after Federal Funds target changes contributes to the excess sensitivity of long rates. Mutual fund investors respond to the salience of
提供机构：
美国国家经济研究局
创建时间：
2018-10-01
