Covid-19 and term premia: a relationship worth watching

Macchiarelli, C. (28 October 2020) Covid-19 and term premia: a relationship worth watching. LSE COVID-19 Blog.
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What has happened to the bond market since the start of the pandemic? Term premia spiked in March but have since recovered to their previous levels. This is the case even though uncertainty remains high. But Corrado Macchiarelli (NIESR) says their link with monetary policy is worth watching.

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