Bericht
Explaining the Danish-German sovereign yield spread
This economic memo investigates the drivers of the Danish-German 10-year yield spread, which has widened 25 basis points since January 2020. The widening is found to be driven mainly by larger collateral scarcity of German sovereign bonds due to the ECB's significant bond purchases and a substantial increase in duration on callable Danish mortgage bonds.
- Language
-
Englisch
- Bibliographic citation
-
Series: Economic Memo ; No. 7
- Classification
-
Wirtschaft
- Subject
-
Monetary policy
Government bond
Yield spreads
Duration
Financial markets
- Event
-
Geistige Schöpfung
- (who)
-
Grønlund, Asger Munch
Hensch, Jonas Ladegaard
Thinggaard, Simon Hetland
- Event
-
Veröffentlichung
- (who)
-
Danmarks Nationalbank
- (where)
-
Copenhagen
- (when)
-
2022
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Bericht
Associated
- Grønlund, Asger Munch
- Hensch, Jonas Ladegaard
- Thinggaard, Simon Hetland
- Danmarks Nationalbank
Time of origin
- 2022
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