Government Bond Yield Spreads: A Survey

Riccardo Lo Conte ()
Additional contact information
Riccardo Lo Conte: Università Cattolica, Milano

Giornale degli Economisti, 2009, vol. 68, issue 3, 341-370

Abstract: I Review the literature concerning the determinants of yield spreads on government bonds. Due to the large attention received in the literature, I will refer to European and emerging markets. Europe has undergone significant institutional changes over the last decade and the corresponding market has become increasingly integrated. The value of bonds issued by emerging economies has reached high levels in the 1990's with important implications for the operation of international capital markets. This survey provides an extensive overview of the most recent explanations for the observed yield spreads on sovereign bonds.

Keywords: Yield Spreads; Government Bond; EMU; Emerging Markets (search for similar items in EconPapers)
JEL-codes: E43 E44 G12 G15 (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gde:journl:gde_v68_n3_p341-370

Ordering information: This journal article can be ordered from
http://www.gde.unibocconi.it

Access Statistics for this article

More articles in Giornale degli Economisti from GDE (Giornale degli Economisti e Annali di Economia), Bocconi University via Sarfatti, 25 - 20136 Milano (Italy).
Bibliographic data for series maintained by Erika Somma ( this e-mail address is bad, please contact ).