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- W2462229236 abstract "The paper deals with the impact of new information on the fixed income market. We expect this to be the first study covering such a topic in Central European markets. We prepared a model of a market reaction and found out that the market is not significantly driven by new macroeconomic figures. The sharpest moves have never been caused by a new number, but developments abroad and unexpected statements of central bankers. Scheduled central bank decisions on the interest rates did not affect yields as much as these two factors. The main message of this text for short term investors is, that in contrast to the USA, it is better for them to follow trading abroad than the Czech fundamentals." @default.
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- W2462229236 date "2007-12-01" @default.
- W2462229236 modified "2023-09-26" @default.
- W2462229236 title "The impact of fresh releases on the yield curve" @default.
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- W2462229236 doi "https://doi.org/10.18267/j.polek.625" @default.
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