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China’s Holdings of U.S. Treasury Securities: Economic Investment or Strategic Tool in Bilateral Relations?
Published 2025-03-01“…As the second-largest holder of U.S. Treasuries, China’s investment behavior in U.S. debt has long sparked debate about whether economic factors or strategic considerations primarily drive it. …”
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Information Shocks, Liquidity Shocks, Jumps, and Price Discovery: Evidence from the U.S. Treasury Market
Published 2012“…In this paper, we identify jumps in U.S. Treasury-bond (T-bond) prices and investigate what causes such unexpected large price changes. …”
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Linkages among U.S. Treasury Bond Yields, Commodity Futures and Stock Market Implied Volatility: New Nonparametric Evidence
Published 2015-09-01“…On the basis of multivariate statistical methods, we focus on investigating relations between selected well-known market indices- U.S. treasury bond yields- the 30-year treasury yield index (TYX) and the 10-year treasury yield (TNX); commodity futures the TR/J CRB; and implied volatility of S&P 500 index- the VIX. …”
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Uncertainty about interest rates and crude oil prices
Published 2024-01-01“…Abstract The yield on the 10-year U.S. Treasury Note is among the most cited interest rates by investors, policymakers, and financial institutions. …”
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The October 2014 United States Treasury bond flash crash and the contributory effect of mini flash crashes.
Published 2017-01-01“…We investigate the causal uncertainty surrounding the flash crash in the U.S. Treasury bond market on October 15, 2014, and the unresolved concern that no clear link has been identified between the start of the flash crash at 9:33 and the opening of the U.S. equity market at 9:30. …”
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The October 2014 United States Treasury bond flash crash and the contributory effect of mini flash crashes.
Published 2017“…We investigate the causal uncertainty surrounding the flash crash in the U.S. Treasury bond market on October 15, 2014, and the unresolved concern that no clear link has been identified between the start of the flash crash at 9:33 and the opening of the U.S. equity market at 9:30. …”
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The Relative Tax Gap Hypothesis: An Exploratory Analysis and Application to U.S. Financial Markets
Published 2020-05-01“…This study empirically investigates the “relative tax gap hypothesis,” which posits that the greater the size of the relative tax gap, the greater the degree to which the U.S. Treasury must borrow from domestic and/or other credit markets and hence the higher the ex ante real interest rate yield on the Bellwether 30 year U.S. …”
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Innovation and Challenges with Decentralized Payments and Smart Contracts
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Tariff and non-tariff obstacles to United States imports
Published 2014-03-01“…The revision of valuation standards by the U.S. Treasury are then discussed. Two major obstacles, administrative burdens and tariff changes, are then dealt with. …”
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Least-squares construction of the yield curves for Italian government securities, 1957-1967. Part II
Published 2014-01-01“…Some general considerations are made before the free-hand interpolation of Durand’s “basic yields” and the U.S. treasury securities curves is considered. The linear interpolation of Grant’s British government securities yield curves is then assessed. …”
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An Analysis of Default and Liquidity Risk in Farm Credit System Bonds
Published 2007-04-01“…ARCH models are used with over eight years of daily data on yields to maturity of Farm Credit System bonds and U.S. Treasury bonds. Matching five-year maturities for both types of bonds were used. …”
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New Auction for Substitutes: Central-Bank Liquidity Auctions, "Toxic Asset" Auctions, and Variable Product-Mix Auctions.
Published 2010“…I designed it after the 2007 Northern Rock bank run to help the Bank of England fight the credit crunch; in 2008 the U.S. Treasury planned (but later cancelled) using a related design to buy "toxic assets". …”
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The Product-Mix Auction: A New Auction Design for Differentiated Goods.
Published 2010“…I designed it after the 2007 Northern Rock bank run to help the Bank of England fight the credit crunch; in 2008 the U.S. Treasury planned using a related design to buy “toxic assets”; it may be used to purchase electricity.…”
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Financial Sector Troubles and Energy Markets
Published 2023-03-01“…In response to the 2007/2008 financial crisis, the U.S. Treasury provided financial assistance (bailouts) to hundreds of public and private financial institutions under the Troubled Asset Recovery Program (TARP) and the Targeted Investment Program. …”
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A New Auction for Substitutes: Central-Bank Liquidity Auctions, “Toxic Asset” Auctions, and Variable Product-Mix Auctions.
Published 2010“…I designed it after the 2007 Northern Rock bank-run to help the Bank of England fight the credit crunch; in 2008 the U.S. Treasury planned using a related design to buy “toxic assets”; it may be used to purchase electricity.…”
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New Auction for Substitutes: Central-Bank Liquidity Auctions, "Toxic Asset" Auctions, and Variable Product-Mix Auctions.
Published 2009“…I designed it after the 2007 Northern Rock bank run to help the Bank of England fight the credit crunch; in 2008 the U.S. Treasury planned (but later cancelled) using a related design to buy "toxic assets". …”
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INSTYTUCJONALNA I KOMPETENCYJNA EWOLUCJA BANKU CENTRALNEGO STANÓW ZJEDNOCZONYCH AMERYKI W XX WIEKU
Published 2016-12-01“…In addition, by analyzing the agreement concluded by the representatives of the bank and the U.S. Treasury Department the article shows the consequences of the absence of constitutional guarantees for the central bank’s operational independence. …”
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Terrorism, Drug Trafficking, and the Globalization of Supply
Published 2013-08-01“…The article builds on the collapse of Lebanese Canadian Bank in 2011 after its designation by the U.S. Treasury Department as a money-laundering financial institution tied to global drug trafficking and to Hezbollah. …”
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