Matches in SemOpenAlex for { <https://semopenalex.org/work/W3123663583> ?p ?o ?g. }
Showing items 1 to 75 of
75
with 100 items per page.
- W3123663583 abstract "We show that the price of a Treasury bond and an inflation-swapped TIPS issue exactly replicating the cash flows of the Treasury bond can differ by more than $20 per $100 notional. Treasury bonds are almost always overvalued relative to TIPS. Total TIPS-Treasury mispricing has exceeded $56 billion, representing nearly eight percent of the total amount of TIPS outstanding. TIPS-Treasury mispricing is strongly related to supply factors such as Treasury debt issuance and the availability of collateral in the financial markets, and is correlated with other types of fixed-income arbitrages, These results pose a major puzzle to classical asset pricing theory. In addition, they raise the issue of why the Treasury issues TIPS, since in so doing it both gives up a valuable fiscal hedging option and leaves large amounts of money on the table." @default.
- W3123663583 created "2021-02-01" @default.
- W3123663583 creator A5006676034 @default.
- W3123663583 creator A5014074156 @default.
- W3123663583 creator A5070663027 @default.
- W3123663583 date "2010-01-01" @default.
- W3123663583 modified "2023-09-26" @default.
- W3123663583 title "Why Does the Treasury Issue TIPS? The TIPS-Treasury Bond Puzzle" @default.
- W3123663583 hasPublicationYear "2010" @default.
- W3123663583 type Work @default.
- W3123663583 sameAs 3123663583 @default.
- W3123663583 citedByCount "0" @default.
- W3123663583 crossrefType "posted-content" @default.
- W3123663583 hasAuthorship W3123663583A5006676034 @default.
- W3123663583 hasAuthorship W3123663583A5014074156 @default.
- W3123663583 hasAuthorship W3123663583A5070663027 @default.
- W3123663583 hasConcept C10138342 @default.
- W3123663583 hasConcept C106159729 @default.
- W3123663583 hasConcept C120527767 @default.
- W3123663583 hasConcept C138170105 @default.
- W3123663583 hasConcept C144133560 @default.
- W3123663583 hasConcept C162324750 @default.
- W3123663583 hasConcept C166957645 @default.
- W3123663583 hasConcept C183732909 @default.
- W3123663583 hasConcept C192063788 @default.
- W3123663583 hasConcept C2777910564 @default.
- W3123663583 hasConcept C2778083465 @default.
- W3123663583 hasConcept C2780889827 @default.
- W3123663583 hasConcept C556758197 @default.
- W3123663583 hasConcept C69738904 @default.
- W3123663583 hasConcept C73283319 @default.
- W3123663583 hasConcept C95457728 @default.
- W3123663583 hasConceptScore W3123663583C10138342 @default.
- W3123663583 hasConceptScore W3123663583C106159729 @default.
- W3123663583 hasConceptScore W3123663583C120527767 @default.
- W3123663583 hasConceptScore W3123663583C138170105 @default.
- W3123663583 hasConceptScore W3123663583C144133560 @default.
- W3123663583 hasConceptScore W3123663583C162324750 @default.
- W3123663583 hasConceptScore W3123663583C166957645 @default.
- W3123663583 hasConceptScore W3123663583C183732909 @default.
- W3123663583 hasConceptScore W3123663583C192063788 @default.
- W3123663583 hasConceptScore W3123663583C2777910564 @default.
- W3123663583 hasConceptScore W3123663583C2778083465 @default.
- W3123663583 hasConceptScore W3123663583C2780889827 @default.
- W3123663583 hasConceptScore W3123663583C556758197 @default.
- W3123663583 hasConceptScore W3123663583C69738904 @default.
- W3123663583 hasConceptScore W3123663583C73283319 @default.
- W3123663583 hasConceptScore W3123663583C95457728 @default.
- W3123663583 hasLocation W31236635831 @default.
- W3123663583 hasOpenAccess W3123663583 @default.
- W3123663583 hasPrimaryLocation W31236635831 @default.
- W3123663583 hasRelatedWork W103092349 @default.
- W3123663583 hasRelatedWork W1497602506 @default.
- W3123663583 hasRelatedWork W1497703922 @default.
- W3123663583 hasRelatedWork W1588588003 @default.
- W3123663583 hasRelatedWork W1927952766 @default.
- W3123663583 hasRelatedWork W2113491829 @default.
- W3123663583 hasRelatedWork W2126057115 @default.
- W3123663583 hasRelatedWork W2157181935 @default.
- W3123663583 hasRelatedWork W2279740405 @default.
- W3123663583 hasRelatedWork W2524794847 @default.
- W3123663583 hasRelatedWork W2592692538 @default.
- W3123663583 hasRelatedWork W2781633769 @default.
- W3123663583 hasRelatedWork W280858011 @default.
- W3123663583 hasRelatedWork W282917511 @default.
- W3123663583 hasRelatedWork W2890981792 @default.
- W3123663583 hasRelatedWork W3039899499 @default.
- W3123663583 hasRelatedWork W3121812698 @default.
- W3123663583 hasRelatedWork W3123911529 @default.
- W3123663583 hasRelatedWork W75089133 @default.
- W3123663583 hasRelatedWork W3124918916 @default.
- W3123663583 isParatext "false" @default.
- W3123663583 isRetracted "false" @default.
- W3123663583 magId "3123663583" @default.
- W3123663583 workType "article" @default.