Treasury auction results as interest rate predictors /
Saved in:
| Author / Creator: | Larson, James Alan, 1948- |
|---|---|
| Imprint: | New York : Garland Pub., 1994. |
| Description: | xvii,, 130 p. ; 24 cm. |
| Language: | English |
| Series: | Financial sector of the American economy |
| Subject: | |
| Format: | Print Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/1628699 |
| Summary: | The close study of the five-year notes and thirty-year bonds issued by the US Treasury Department finds that the five-year issues are of limited value in predicting interest rates, but that when the primary dealers buy large quantities of 30-year issues interest rates are likely to rise because of a resulting fall in bond prices. The study also found no evidence of collusion among the primary dealers despite recent concern. Annotation c. by Book News, Inc., Portland, Or. |
|---|---|
| Physical Description: | xvii,, 130 p. ; 24 cm. |
| Bibliography: | Includes bibliographical references (p. 87-99) and index. |
| ISBN: | 0815316828 |