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- W2108503345 abstract "DIMENSIONAL’S BOND PRODUCTS ARE BASED ON RESEARCH I did in the 1980s. (See the bibliography at the end of the paper.) One of the results of this work was evidence that over short horizons (like a year) changes in interest rates (bond yields) are largely unpredictable. This result implies that current prices of discount bonds are good estimates of the prices of bonds with the same maturities one period from now. More interesting, expected returns on bonds can be inferred from current bond prices." @default.
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- W2108503345 date "2003-01-01" @default.
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- W2108503345 title "Update of the Research Underlying Dimensional's Bond Strategies" @default.
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