000	00000nam 2200000zi 4500
001	9.937208
003	CaOODSP
005	20240419142059
006	m     o  d f
007	cr |n|||||||||
008	240419t20242024oncd    ob   f|0| 0 eng d
040	|aCaOODSP|beng|erda|cCaOODSP
043	|an-us---
086	1 |aFB3-5/2024-12E-PDF
100	1 |aXing, Bingxin Ann, |eauthor.
245	10|aU.S. macroeconomic news and low-frequency changes in small open economies’ bond yields / |cby Bingxin Ann Xing, Bruno Feunou, Morvan Nongni-Donfack and Rodrigo Sekkel.
264	1|a[Ottawa] : |bBank of Canada = Banque du Canada, |c2024.
264	4|c©2024
300	|a1 online resource (ii, 33 pages) : |bcharts.
336	|atext|btxt|2rdacontent
337	|acomputer|bc|2rdamedia
338	|aonline resource|bcr|2rdacarrier
490	1 |aStaff working paper = Document de travail du personnel, |y1701-9397 ; |v2024-12
500	|a"Last updated: April 17, 2024."
504	|aIncludes bibliographical references.
520	|a"This paper investigates the importance of U.S. macroeconomic news in driving low-frequency fluctuations in the term structure of interest rates in Canada, Sweden and the United Kingdom. We follow two complementary approaches: First, we apply a regression-based framework that aggregates the impact of daily macroeconomic news on bond yields to a lower quarterly frequency. Next, we estimate a macro-finance affine term structure model linking the daily news to lower-frequency changes in bond yields and their expectations and term premia"--Abstract, page ii.
650	0|aMacroeconomics.
650	0|aBonds|xRate of return.
650	6|aMacroéconomie.
650	6|aObligations (Valeurs)|xTaux de rendement.
710	2 |aBank of Canada, |eissuing body.
830	#0|aStaff working paper (Bank of Canada)|v2024-12.|w(CaOODSP)9.806221
856	40|qPDF|s1.96 MB|uhttps://publications.gc.ca/collections/collection_2024/banque-bank-canada/FB3-5-2024-12-eng.pdf