Series: IMF Working Papers
Author(s): Jochen Andritzky , Geoffrey Bannister , and Natalia Tamirisa
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 2005
Keywords: Announcement, emerging market bonds, news, crisis, bond, equation, bonds, financial markets, anova,
This paper examines how emerging bond markets react to macroeconomic announcements. Global bond spreads respond to rating actions and changes in global interest rates rather than domestic data and policy announceme...