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Low long-term rates- bond bubble or symptom of secular stagnation?

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  • Grégory Claeys

Abstract

Yields on European sovereign bonds have reached historically low levels in 2016.

Suggested Citation

  • Grégory Claeys, 2016. "Low long-term rates- bond bubble or symptom of secular stagnation?," Bruegel Policy Contributions 16625, Bruegel.
    • Handle: RePEc:bre:polcon:16625
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    References listed on IDEAS

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    1. Paul De Grauwe, 2013. "The European Central Bank as Lender of Last Resort in the Government Bond Markets," CESifo Economic Studies, CESifo Group, vol. 59(3), pages 520-535, September.
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    Cited by:

    1. Alberto Botta & Ben Tippet, 2020. "Secular stagnation and core-periphery uneven development in post-crisis eurozone," Working Papers PKWP2002, Post Keynesian Economics Society (PKES).
    2. Guntram B. Wolff & Maria Demertzis, 2016. "What impact does the ECB’s quantitative easing policy have on bank profitability?," Bruegel Policy Contributions 17913, Bruegel.
    3. Mariarosaria Comunale & Jonas Striaukas, 2017. "Unconventional Monetary Policy: Interest Rates and Low Inflation: A Review of Literature and Methods," CAMA Working Papers 2017-29, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    4. Botta, Alberto & Tippet, Ben, 2020. "The roots of a divided eurozone: rigid labour markets or asymmetric technology-macroeconomic regimes?," Greenwich Papers in Political Economy 30958, University of Greenwich, Greenwich Political Economy Research Centre.
    5. Paul Schmelzing, 2017. "Staff Working Paper No. 686: Eight centuries of the risk-free rate: bond market reversals from the Venetians to the ‘VaR shock’," Bank of England Staff Working Paper series 686, Bank of England.

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