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.
- Sprache
-
Englisch
- Erschienen in
-
Series: Economic Memo ; No. 7
- Klassifikation
-
Wirtschaft
- Thema
-
Monetary policy
Government bond
Yield spreads
Duration
Financial markets
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Grønlund, Asger Munch
Hensch, Jonas Ladegaard
Thinggaard, Simon Hetland
- Ereignis
-
Veröffentlichung
- (wer)
-
Danmarks Nationalbank
- (wo)
-
Copenhagen
- (wann)
-
2022
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Bericht
Beteiligte
- Grønlund, Asger Munch
- Hensch, Jonas Ladegaard
- Thinggaard, Simon Hetland
- Danmarks Nationalbank
Entstanden
- 2022
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