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On the static efficiency of secondary bond markets

✍ Scribed by Lars Oxelheim; Michael Rafferty


Book ID
113810521
Publisher
Elsevier Science
Year
2005
Tongue
English
Weight
129 KB
Volume
15
Category
Article
ISSN
1042-444X

No coin nor oath required. For personal study only.


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n recent years there has been a proliferation of futures markets for financial I assets. The most successful of these have been the Treasury Bill and Treasury Bond futures markets. While the growth of these markets has generated a large body of literature surrounding T-Bill market efficiency,' littl